Mixed-Use Property with
For Sale
$689,000
2128-2130 State Road 16 -, La Crosse, WI 54601
Office and residential components support combined business and living arrangements under light industrial zoning.
Property Size6,298 SF
Price / SF$109.40
Days on Market85
Property Features for 2128-2130 State Road 16 -
General Information
Standard status
Active
Size
6,298 SF
Property subtype
Multi-Family
Zoning
light industrial
Additional Details
Floor
Main Floor
Multifamily Units
1
Building Details
Year Built
1947
Listing Agency:
RE/MAX Results
Listed By:
Michael Richgels · License #505790
(608) 781-7669
Source:
Nikolicgroup
Added: Jul 22
Changed: Oct 7
Last Checked: Oct 12 at 10:54PM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of RE/MAX Results
Investment Insights
Based on property information with market context.
This mixed-use property combines commercial office accommodation on the ground floor with a residential apartment above. The two-level configuration supports an owner-occupied business with living space on site, or use of the apartment by an employee tenant, subject to the stated zoning framework.
The property contains 6,298 square feet and was built in 1947. It is located at 2128-2130 State Road 16 in La Crosse, Wisconsin. Current zoning is light industrial, while a potential commercial zoning change is identified as a way to broaden the range of occupants for the upper unit.
The property contains 6,298 square feet and was built in 1947. It is located at 2128-2130 State Road 16 in La Crosse, Wisconsin. Current zoning is light industrial, while a potential commercial zoning change is identified as a way to broaden the range of occupants for the upper unit.
Key Highlights
- 6,298‑square‑foot mixed‑use property in La Crosse, WI
- Ground‑floor commercial office component
- Upper‑level residential apartment
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$56,493
Cap Rate
8.20%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,129,860
$1.1M
Cap Rate 7%
$807,043
$807.0K
Cap Rate 9%
$627,700
$627.7K
Market Conditions
NOI Build-Up for 6,298 SF
Gross rent
$98.2K $15.60/SF
− Vacancy
−$7.9K −$1.25/SF
EGI
$90.4K $14.35/SF
− OpEx
−$33.9K −$5.38/SF
NOI
$56.5K $8.97/SF
Area
La Crosse County, WI
Vacancy
8.00%
Lease Rate
$15.60 /SF/Yr
Expense Ratio
37.50%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,129,860
Cap Rate 7%
$807,043
Cap Rate 9%
$627,700
Alternative Uses
Best Use
Office B
$947.4K
$829.0K – $1.11M
NOI $66,318 @ 7.0% cap · market cap 9.63%
Second Best
Mixed Use
$807.0K
$706.2K – $941.6K
NOI $56,493 @ 7.0% cap · market cap 8.20%
Theoretical Best
Specialty Retail
$1.38M
$1.21M – $1.61M
NOI $96,416 @ 7.0% cap · market cap 13.99%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Current Use
Lease Details
1
Residential units
Location Intelligence
Trade Area within ½ mile
412
Businesses Nearby
Explore this area
Business Placement
Demographics for 54601, WI
51,090
Population
22,652
Households
2.3
Avg Household Size
32
Median Age
40%
College-Educated
96%
High-School Grad
75.4 sq mi
ZIP Area
678
Density / Sq Mi
$60,078
Median Household Income
$31,143
Median Earnings
$998
Median Rent
$220,200
Median Home Value
Market
Vacancy Rate% for Office in Midwest region
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Frequently Asked Questions
What type of property is this?
Mixed-use property - Office and residential components support combined business and living arrangements under light industrial zoning.
Where is this mixed-use property located?
The property is located at 2128-2130 State Road 16 - La Crosse, WI.
What is the asking price?
The asking price for this property is $689,000.
What are key features of this property?
This property features: 6,298‑square‑foot mixed‑use property in La Crosse, WI; Ground‑floor commercial office component; Upper‑level residential apartment
