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    Flex Building with Glass Garage Door Title is generated by Realmo AI

    234 Leonard St N, West Salem, WI 54669

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    For Sale
    $625,000

    COMMERCIAL - West Salem, WI

    Property size:
    3,561 SF
    Lot size:
    0.34 Acres
    Price / SF:
    $175/SF
    Added:
    Jun 9, 2026
    Days on Market:
    23
    Last Refresh:
    Jul 1 at 5:06 pm

    Property Features for 234 Leonard St N

    General Information

    Property type
    Commercial Sale
    Property subtype
    Other
    Zoning
    Commercial
    Standard status
    Active
    APN
    016000030000
    Size
    3,561 SF
    Lot size
    0.34 Acres

    Taxes and HOA fees

    Tax Year
    2025
    Tax Annual Amount
    7689

    Building Details

    Year built
    1980
    Architectural style
    Other

    We can help!

    Contact an agent
    Jessica Sands
    Jessica Sands

    Listing agent Jessica Sands License #92735-94

    Listing office RE/MAX Results 757 Sandlake Rd, Onalaska, WI

    Listing date Jun 9, 2026

    MLS# 1966409 Listing URL

    Copyright © 2026 Metro MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    HighLights

    • 3,500+ sq. ft. commercial building built in 1980
    • 15 on‑site parking spaces for customers, clients, and staff
    • Open layout with 2 bathrooms and flexible interior areas for office, retail, dining, production, or studio use
    • Oversized glass garage door opens to a fenced outdoor patio for indoor/outdoor flow
    • Suitable for retail, office, restaurant, bakery/coffee shop, studio, or mixed‑use business concepts

    Overview

    This commercial flex building offers 3,500+ square feet of open interior space designed to support a range of business uses. The layout includes 2 bathrooms and multiple areas that can be configured for office work, retail displays, seating, production, or collaborative environments. A standout exterior feature is an oversized glass garage door that opens directly to a fenced outdoor patio.

    Located at 234 Leonard St N in West Salem, Wisconsin, the property includes 15 on-site parking spaces, supporting convenient access for customers, clients, and staff. The indoor/outdoor connection created by the garage door and patio can support customer gathering and events associated with retail, food service, or studio-style operations.

    With commercial zoning and flexible interior configuration, the building can fit tenants or operators looking for a single facility that can accommodate both front-of-house and work/production space. Practical amenities include the on-site parking, two bathrooms, and the enclosed-to-outdoor flow created by the patio access for dining, merchandising, or service-oriented concepts. This is a straightforward option for buyers seeking a flexible commercial property with adaptable space and visible connection between the building and outdoor patio area.

    Local Financial Insights For Specialty Retail

    Simulate Cap Rate and NOI

    NOI Build-Up
    Vacancy
    income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
    EGI (Effective Gross Income)
    gross rent minus vacancy losses — the realistic income before paying operating costs.
    OpEx (Operating Expenses)
    recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
    NOI (Net Operating Income)
    income a property generates after operating costs but before financing and taxes.

    Component $ $/SF
    Gross rent $76.9k $21.60
    − Vacancy −$4.2k −$1.19
    EGI $72.7k $20.41
    − OpEx −$18.2k −$5.10
    NOI $54.5k $15.31
    3,561 SF · lease $21.60/SF/yr · vacancy 5.50% · expense 25.00%

    Alternative Uses

    Best Use
    Specialty Retail
    $778.8K
    $681.4K – $908.6K (±1% cap)
    NOI $54,515 @ 7.0% cap · market cap 8.72%
    Second Best
    Flex RnD
    $590.4K
    $516.6K – $688.8K (±1% cap)
    NOI $41,330 @ 7.0% cap · market cap 6.61%
    Theoretical Best
    —
    —
    same as Best Use
    Zoning and permitted uses should be independently verified with local authorities.
    Property Profile Location Intelligence

    Current Use by Public Records

    Flex space

    Suggested Use

    Real Estate Agency Law Firm Restaurant Spa & Massage Center Dental Office Hair Salon Nail Salon Building Supply Gym & Fitness Center Auto Repair Shop

    Zoning and permitted uses should be independently verified with local authorities.

    Similar Places Nearby

    • Big Boar Barbecue and Catering — 510 Commerce St, West Salem, WI 54669

    Location Insight

    • Map
    • Local Demand
    City
    West Salem
    County
    La Crosse
    State
    Wisconsin
    Longitude
    -91.081674
    Latitude
    43.898787

    FAQs

    What type of property is this?
    Flex space - Open flex layout with 15 parking spaces and a glass garage door opening to a fenced outdoor patio.
    Where is this flex space located?
    The property is located at 234 Leonard St N West Salem, WI.
    What is the asking price?
    The asking price for this property is $625,000.
    What are key features of this property?
    This property features: 3,500+ sq. ft. commercial building built in 1980; 15 on‑site parking spaces for customers, clients, and staff; Open layout with 2 bathrooms and flexible interior areas for office, retail, dining, production, or studio use
    More about this property
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