Storefront Mixed-Use
427 Main St, La Crosse, WI 54601
For Sale
New
$499,000
N, La Crosse, WI
Property Size3,000 SF
Lot Size0.02 Acres
Price / SF$166.33
Days on Market3
Property Features for 427 Main St
General Information
Property type
Property subtype
Zoning
Directions
Standard status
APN
Size
Lot size
Additional Details
Mixed-Use Components
Taxes and HOA fees
Tax Year
Tax Annual Amount
Building Details
Year built
Architectural style
Buildings
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 6:06AM
MLS# 1987994
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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Investment Insights
Based on property information with market context.
This 3,000-square-foot mixed-use property combines a ground-floor commercial storefront with a one-bedroom apartment and an efficiency unit on the second floor. The property was built in 1880 and sits on a 0.02-acre lot.
Located at 427 Main St in downtown La Crosse, the property has Commercial zoning.
Located at 427 Main St in downtown La Crosse, the property has Commercial zoning.
Key Highlights
- 3,000 square feet of mixed‑use space
- Ground‑floor commercial storefront
- Second floor includes a one‑bedroom apartment and an efficiency unit
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$30,177
Cap Rate
6.05%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$603,540
$603.5K
Cap Rate 7%
$431,100
$431.1K
Cap Rate 9%
$335,300
$335.3K
Market Conditions
NOI Build-Up for 3,000 SF
Gross rent
$45.0K $15.00/SF
− Vacancy
−$1.9K −$0.63/SF
EGI
$43.1K $14.37/SF
− OpEx
−$12.9K −$4.31/SF
NOI
$30.2K $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%
$603,540
Cap Rate 7%
$431,100
Cap Rate 9%
$335,300
Alternative Uses
Best Use
Retail
$431.1K
$377.2K – $503.0K
NOI $30,177 @ 7.0% cap · market cap 6.05%
Second Best
Mixed Use
$384.4K
$336.4K – $448.5K
NOI $26,910 @ 7.0% cap · market cap 5.39%
Theoretical Best
Specialty Retail
$656.1K
$574.1K – $765.5K
NOI $45,927 @ 7.0% cap · market cap 9.20%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
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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 storefront occupies the ground floor, with two residential units on the level above.
Where is this mixed-use property located?
The property is located at 427 Main St La Crosse, WI.
What is the asking price?
The asking price for this property is $499,000.
What are key features of this property?
This property features: 3,000 square feet of mixed‑use space; Ground‑floor commercial storefront; Second floor includes a one‑bedroom apartment and an efficiency unit
