Mixed-Use Property with
425 Main St, La Crosse, WI 54601
For Sale
New
$699,000
Y, La Crosse, WI
Property Size6,000 SF
Lot Size0.05 Acres
Price / SF$116.50
Days on Market3
Property Features for 425 Main St
General Information
Property type
Property subtype
Zoning
Directions
Standard status
APN
Size
Lot size
Additional Details
Tenant in Place
Mixed-Use Components
Taxes and HOA fees
Tax Year
Tax Annual Amount
Building Details
Year built
Architectural style
Listing Agency:
Gerrard-Hoeschler, REALTORS
(608) 782-2300
Listed By:
Brian McCarty · License WI 80000-94
(608) 792-8451
Added: Nov 10
Changed: Nov 11
Last Checked: Nov 12 at 7:06AM
MLS# 1987992
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.
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Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
This mixed-use property contains 6,000 square feet across a commercial first floor and two upper-level two-bedroom apartments. Built in 1880, the building sits on a 0.05-acre parcel and carries Commercial zoning.
The property is in downtown La Crosse. The sale also includes 423 Main Street.
The property is in downtown La Crosse. The sale also includes 423 Main Street.
Key Highlights
- 6,000‑square‑foot mixed‑use property
- First floor occupied by a long‑term commercial tenant
- Two upper‑level apartments, each with two bedrooms
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$60,354
Cap Rate
8.63%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,207,080
$1.2M
Cap Rate 7%
$862,200
$862.2K
Cap Rate 9%
$670,600
$670.6K
Market Conditions
NOI Build-Up for 6,000 SF
Gross rent
$90.0K $15.00/SF
− Vacancy
−$3.8K −$0.63/SF
EGI
$86.2K $14.37/SF
− OpEx
−$25.9K −$4.31/SF
NOI
$60.4K $10.06/SF
Area
La Crosse County, WI
Vacancy
4.20%
Lease Rate
$15.00 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,207,080
Cap Rate 7%
$862,200
Cap Rate 9%
$670,600
Alternative Uses
Best Use
Retail
$862.2K
$754.4K – $1.01M
NOI $60,354 @ 7.0% cap · market cap 8.63%
Second Best
Mixed Use
$768.9K
$672.8K – $897.0K
NOI $53,820 @ 7.0% cap · market cap 7.70%
Theoretical Best
Specialty Retail
$1.31M
$1.15M – $1.53M
NOI $91,854 @ 7.0% cap · market cap 13.14%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Who owns this building?
See the owner, sales and loan history
Open Analytics
Current Use
Lease Details
2
Residential units
Location Intelligence
Trade Area within ½ mile
2,520
Businesses Nearby
70k
Monthly Visits Nearby
Explore this area
Business Placement
Foot Traffic Nearby
Shops & Services 50%
Dining 27%
Hotels & Casinos 23%
Kwik Trip
Shops & Services
24,826 visits/mo
0.2 miles
Qdoba Mexican Grill
Dining
7,110 visits/mo
0.1 miles
Home2 Suites by Hilton La Crosse
Hotels & Casinos
6,354 visits/mo
0.2 miles
Burger King
Dining
5,025 visits/mo
0.4 miles
SUBWAY
Dining
4,352 visits/mo
0.2 miles
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
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
Market
Vacancy Rate% for Retail in Midwest region
Frequently Asked Questions
What type of property is this?
Mixed-use property - A commercial occupant uses the first floor, with two two-bedroom apartments above.
Where is this mixed-use property located?
The property is located at 425 Main St La Crosse, WI.
What is the asking price?
The asking price for this property is $699,000.
What are key features of this property?
This property features: 6,000‑square‑foot mixed‑use property; First floor occupied by a long‑term commercial tenant; Two upper‑level apartments, each with two bedrooms
