Downtown Flex Warehouse with Dock
For Sale
$2,100,000
300 2nd St S, La Crosse, WI 54601
A 28,700 SF building combines docked warehouse space with event space and a kitchen.
Property Size28,700 SF
Price / SF$73.17
Days on Market295
Property Features for 300 2nd St S
General Information
Standard status
Active
Size
28,700 SF
Property subtype
Commercial
Building Details
Year Built
1974
Listing Agency:
Coldwell Banker Commercial River Valley
Listed By:
Cathy Gundersen
(608) 386-8115
Source:
Homesinwisconsin
Added: Jan 4
Changed: Oct 25
Last Checked: Oct 24 at 5:14PM
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 Coldwell Banker Commercial River Valley
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Investment Insights
Based on property information with market context.
Radisson Center is a 28,700 SF flex warehouse building built around two primary areas. Approximately 17,125 SF is designated warehouse space with dock doors, while approximately 11,525 SF is configured as event space and includes a kitchen.
The property is located downtown La Crosse, within a walkable environment near restaurants, entertainment, riverfront amenities, and civic destinations.
With a functional layout spanning dock-access warehouse space and interior event-oriented space, the building offers configuration flexibility for redevelopment or an owner-user plan, depending on the intended use.
The property is located downtown La Crosse, within a walkable environment near restaurants, entertainment, riverfront amenities, and civic destinations.
With a functional layout spanning dock-access warehouse space and interior event-oriented space, the building offers configuration flexibility for redevelopment or an owner-user plan, depending on the intended use.
Key Highlights
- 28,700 SF Radisson Center building with flexible layout for mixed‑use redevelopment, event‑oriented uses, or owner‑user occupancy
- Approximately 17,125 SF of warehouse space with dock doors
- Approximately 11,525 SF of event space with a kitchen
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$177,502
Cap Rate
8.45%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$3,550,040
$3.6M
Cap Rate 7%
$2,535,743
$2.5M
Cap Rate 9%
$1,972,244
$2.0M
Market Conditions
NOI Build-Up for 28,700 SF
Gross rent
$272.1K $9.48/SF
− Vacancy
−$18.5K −$0.64/SF
EGI
$253.6K $8.84/SF
− OpEx
−$76.1K −$2.65/SF
NOI
$177.5K $6.18/SF
Area
La Crosse County, WI
Vacancy
6.80%
Lease Rate
$9.48 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$3,550,040
Cap Rate 7%
$2,535,743
Cap Rate 9%
$1,972,244
Alternative Uses
Best Use
Flex RnD
$4.76M
$4.16M – $5.55M
NOI $333,104 @ 7.0% cap · market cap 15.86%
Second Best
Warehouse
$3.08M
$2.69M – $3.59M
NOI $215,539 @ 7.0% cap · market cap 10.26%
Theoretical Best
Specialty Retail
$6.28M
$5.49M – $7.32M
NOI $439,368 @ 7.0% cap · market cap 20.92%
Zoning and permitted uses should be independently verified with authorities.
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Current Use
Location Intelligence
Trade Area within ½ mile
1,714
Businesses Nearby
Balanced
Demand for This Use
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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
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Market
Vacancy Rate% for Industrial in Midwest region
Similar Off Market Nearby
- Hunt and Gather Grazing Boards — 917 4th St S Suite 103, La Crosse, WI 54601
- Creative Catering Company La Crosse — 501 Front St S, La Crosse, WI 54601
Frequently Asked Questions
What type of property is this?
Flex space - A 28,700 SF building combines docked warehouse space with event space and a kitchen.
Where is this flex space located?
The property is located at 300 2nd St S La Crosse, WI.
What is the asking price?
The asking price for this property is $2,100,000.
What are key features of this property?
This property features: 28,700 SF Radisson Center building with flexible layout for mixed‑use redevelopment, event‑oriented uses, or owner‑user occupancy; Approximately 17,125 SF of warehouse space with dock doors; Approximately 11,525 SF of event space with a kitchen
