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Historic Mixed-Use Downtown Building
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423 Main St Unit 425 & 427, La Crosse, WI 54601

Built in 1880, the property combines street-level storefronts with leased apartments above for an all-leased operating setup.

Property Size3,000 SF
Price / SF$383.33
Days on Market52

Property Features for 423 Main St Unit 425 & 427

General Information

Standard status Active
Size 3,000 SF
Property subtype Retail, Multifamily
Occupancy 100%

Additional Details

Business Included Yes
Multifamily Units 4

Building Details

Year Built 1880
Tenancy Multi
Listing Agency: United Country Midwest Lifestyle Properties
Listed By: Josh Genz · License #58562
Source: Crexi
Added: Jun 15 Changed: Jul 10 Last Checked: Aug 5 at 12:10PM

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 United Country Midwest Lifestyle Properties

Investment Insights

Based on property information with market context.

This historic mixed-use property was built in 1880 and includes 423/425 and 427 Main St, offered together as a multi-unit portfolio. Street-level space features multiple storefronts leased to long-term business tenants, including units described as having a complete kitchen. The upper level consists of four apartments that are described as beautifully maintained, with exposed brick character. The apartment mix includes two two-bedroom units, one studio unit, and one one-bedroom unit, with long-term tenants in place.

The buildings are located in downtown La Crosse, within walking distance of dining and events, placing the property close to the central business activity in the area.

For buyers seeking an all-leased mixed-use asset, this package provides income-producing street-level retail alongside leased residential units above. With apartments and storefronts already occupied, the property is positioned for an operator or investor looking for a turn-key acquisition process, subject to review of leases and confirmed income during due diligence.

Key Highlights

  • Historic 1880 mixed‑use package at 423/425 and 427 Main St in downtown La Crosse
  • 4 apartments above storefronts: 2 two‑bedroom units, 1 studio, and 1 one‑bedroom unit
  • Street‑level storefront space is leased to long‑term business tenants with multiple storefronts on Main St

Property Analytics

Current Use

River City Hobbies (Bike/Boat/Book/etc) Store

Suggested Use

Top Pick HVAC Service Electrical Service (Bike/Boat/Book/etc) Store Storage Facility Locksmith Tanning Salon

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

4
Residential units
100%
Occupancy
Multi-tenant
Tenancy
Turnkey business
Opportunity

Location Intelligence

Trade Area within ½ mile

2,520
Businesses Nearby

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 Multifamily in Midwest region

6.5% 2022
7.5% 2023
7.8% 2024
8% 2025
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Frequently Asked Questions

What type of property is this?
Mixed-use property - Built in 1880, the property combines street-level storefronts with leased apartments above for an all-leased operating setup.
Where is this mixed-use property located?
The property is located at 423 Main St Unit 425 & 427 La Crosse, WI.
What is the asking price?
The asking price for this property is $1,150,000.
What are key features of this property?
This property features: Historic 1880 mixed‑use package at 423/425 and 427 Main St in downtown La Crosse; 4 apartments above storefronts: 2 two‑bedroom units, 1 studio, and 1 one‑bedroom unit; Street‑level storefront space is leased to long‑term business tenants with multiple storefronts on Main St
More about this property
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