Lower-Level Office
700 3rd Street N N ##009, La Crosse, WI 54601
For Sale
New
Contact for pricing
The office layout can be adapted to create multiple work areas.
Property Size375 SF
Price / SF$1.50
Days on Market5
Property Features for 700 3rd Street N N ##009
General Information
Standard status
Size
Total Parking Spaces
Elevators
Property subtype
Zoning
Additional Details
Floor
Road Access
Property Use
Amenities
bathrooms on each level
vaulted main level common area
Building Details
Building Size
Year Built
Listing Agency:
Exp Realty LLC
(866) 848-6990
Listed By:
Spenser Nickelatti · License WI #8335794
(608) 498-1323
Source:
Howardandwilliams
Added: Nov 10
Changed: Nov 11
Last Checked: Nov 13 at 4:38PM
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 Exp Realty LLC
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Investment Insights
Based on property information with market context.
This lower-level office unit offers a sizable workspace with the option to configure it as two or three offices. The 1980 building includes an elevator, parking, and bathrooms on each level, along with a vaulted common area on the main floor. Exterior signage is also available.
The property is on 3rd Street in La Crosse, just north of downtown and near the area described as the Drag.
The property is on 3rd Street in La Crosse, just north of downtown and near the area described as the Drag.
Key Highlights
- Lower‑level unit with a sizable office and potential for 2‑3 offices
- Building provides an elevator, parking, and bathrooms on each level
- Vaulted common area on the main level
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$3,949
Suggested Prices Based on Cap Rates
Cap Rate 5%
$78,980
$79.0K
Cap Rate 7%
$56,414
$56.4K
Cap Rate 9%
$43,878
$43.9K
Market Conditions
NOI Build-Up for 375 SF
Gross rent
$6.8K $18.00/SF
− Vacancy
−$1.5K −$3.96/SF
EGI
$5.3K $14.04/SF
− OpEx
−$1.3K −$3.51/SF
NOI
$3.9K $10.53/SF
Area
La Crosse County, WI
Vacancy
22.00%
Lease Rate
$18.00 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$78,980
Cap Rate 7%
$56,414
Cap Rate 9%
$43,878
Alternative Uses
Best Use
Office B
$56.4K
$49.4K – $65.8K
NOI $3,949 @ 7.0% cap
Second Best
—
—
no second resolved use
Theoretical Best
Specialty Retail
$82.0K
$71.8K – $95.7K
NOI $5,741 @ 7.0% cap
Zoning and permitted uses should be independently verified with authorities.
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Property Analytics
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Current Use
Lease Details
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
1,680
Businesses Nearby
Explore this area
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
$220,200
Median Home Value
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Cap Rate, Value Estimation, Potential NOI and more
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Market
Average Price Trend$/SF for Office Units in La Crosse County, WI
Properties on Market for Office Units in La Crosse County
Vacancy Rate% for Office in Midwest region
Frequently Asked Questions
What type of property is this?
Office unit - The office layout can be adapted to create multiple work areas.
Where is this office unit located?
The property is located at 700 3rd Street N N ##009 La Crosse, WI.
What are key features of this property?
This property features: Lower‑level unit with a sizable office and potential for 2‑3 offices; Building provides an elevator, parking, and bathrooms on each level; Vaulted common area on the main level
