Add Listing
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    Mixed-Use Inn with Rental Units Title is generated by Realmo AI

    828 5th Ave, La Crosse, WI 54601

    View on Map
    Claim this Listing
    For Sale
    $675,000

    Multi-Family - La Crosse, WI

    Lot size:
    0.48 Acres
    Added:
    Apr 1, 2026
    Days on Market:
    65
    Last Refresh:
    Jun 4 at 10:06 am

    Property Features for 828 5th Ave

    General Information

    Property type
    Residential Multi Family
    Property subtype
    Other
    Zoning
    residential
    Standard status
    Active
    APN
    017030115140
    Lot size
    0.48 Acres

    Taxes and HOA fees

    Tax Year
    2025
    Tax Annual Amount
    8098

    Utilities

    Heating system
    Forced Air, Natural Gas
    Cooling system
    Central Air

    Building Details

    Number of units
    4
    Building materials
    Stucco
    Architectural style
    Other

    We can help!

    Listing Contact
    Michael J Richgels

    Listing agent Michael J Richgels License #5057-90

    Listing office RE/MAX Results 757 Sandlake Rd, Onalaska, WI 54650, Onalaska, WI

    Listing date Apr 1, 2026

    MLS# 1955935 Listing URL

    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.

    HighLights

    • Commercial building on the corner of 5th and Winnebago, currently operated as Ye Old Style Inn
    • Includes three residential rental units plus an apartment above the commercial space
    • Also includes two additional single‑family rentals on an adjoining parcel
    • Almost half‑acre property with a parking lot to the west on Winnebago
    • Stucco construction with forced‑air natural gas heat and central air
    • Two single‑family homes on the adjoining parcel treated as a duplex with separate water/sewer service per the City of La Crosse

    Overview

    This mixed-use property is currently operated as Ye Old Style Inn and includes a commercial building with a bar business. The offering also includes three residential rental units, including a rental apartment located above the commercial space. Additional residential components include two single-family homes treated as a duplex, with one home set up for water and the other for sewer, which the listing notes meets code per the City of La Crosse.

    The property sits on nearly half an acre and is located on a corner of 5th Ave and Winnebago in La Crosse, WI. The site includes a parking lot to the west on Winnebago that accompanies the commercial building. The arrangement also includes rental structures on an adjoining parcel, as described in the remarks.

    For buyers or operators seeking a property with both hospitality operations and residential rental income, the combined configuration offers multiple use components under one ownership. Prospective tenants and brokers should note the listing describes a residential zoning designation and an active inn operation, alongside the on-site rental units and parking layout.
    Property Profile Location Intelligence

    Current Use by Public Records

    Old Style Inn Bar & Pub

    Suggested Use

    Real Estate Agency Law Firm Restaurant Spa & Massage Center Dental Office Hair Salon Nail Salon Building Supply Gym & Fitness Center Daycare Center

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    La Crosse
    County
    La Crosse
    State
    Wisconsin
    Longitude
    -91.250528
    Latitude
    43.803807

    Nearby Similar for Sale

    • $499,900
      1,700 SF

      Turnkey Restaurant Opportunity in La Crosse

      Established restaurant for sale in La Crosse, Wisconsin.
      1123 3rd St, La Crosse, WI 54601
      View Details
    • $675,000
      1,512 SF

      Mixed-Use Hospitality and Rental Property

      Corner commercial building operating as an inn with a bar and residential rental units, plus dedicated off-street parking.
      820 5th Ave, La Crosse, WI 54601
      View Details
    • $1,150,000
      9,000 SF

      Historic Mixed-Use Investment Opportunity

      Downtown La Crosse mixed-use property with retail and apartments.
      423 Main St, La Crosse, WI 54601
      View Details
    • $689,000
      6,298 SF

      La Crosse Commercial Location

      Commercial property with high visibility and light industrial zoning.
      2128-2130 State Road 16 -, La Crosse, WI 54601
      View Details
    • $530,000

      Corner Office Building For Sale

      Office building with high visibility and flexible layout.
      406 Jackson St, La Crosse, WI 54601
      View Details
    • $329,000
      2,035 SF

      Updated Condo with Sunroom

      Updated end-unit condo with sunroom and flexible living spaces.
      3316 Rosehill Place, Unit 24, La Crosse, WI 54601
      View Details
    • $749,000
      2,388 SF

      Former Pizza Hut For Sale

      Former Pizza Hut, suitable for owner-user or redevelopment.
      2212 Rose Street, La Crosse, La Crosse, WI 54603
      View Details
    • $649,000

      Versatile Commercial Property with Automotive Use

      Commercial property suitable for automotive, manufacturing, or retail businesses.
      2143 Ward Ave, LA CROSSE, WI, 54601-7330
      View Details
    • $1,200,000
      7,240 SF

      Versatile Commercial Building with Loft

      Adaptable commercial building with high ceilings and loft area.
      517 Copeland Ave, La Crosse, WI 54603
      View Details
    • $200,000
      3 SF

      Dublin Square Irish Pub Landmark

      Profitable, historic La Crosse Irish pub with loyal clientele.
      103 Third St La Crosse, WI 54601, WI 54601
      View Details
    • $549,000

      La Crosse Office For Sale

      Office property for sale in La Crosse, Wisconsin.
      1720 Jackson St, La Crosse, WI 54601
      View Details
    • $1,500
      2,700 SF

      High-Visibility Retail Space Available

      2,700 sq ft retail space with excellent exposure.
      1601 Jackson Street, La Crosse, WI 54601
      View Details

    FAQs

    What type of property is this?
    Hotel - Corner-operated inn includes bar business plus multiple rental units and on-site parking to support varied income streams.
    Where is this hotel located?
    The property is located at 828 5th Ave La Crosse, WI.
    What is the asking price?
    The asking price for this property is $675,000.
    What are key features of this property?
    This property features: Commercial building on the corner of 5th and Winnebago, currently operated as Ye Old Style Inn; Includes three residential rental units plus an apartment above the commercial space; Also includes two additional single‑family rentals on an adjoining parcel
    (608) 781-7669
    We can help!
    Listing Contact
    Michael J Richgels
    Real Estate License ID: 5057-90
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Thank You for Inquiry
    828 5th Ave, La Crosse, WI 54601
    letter with green check mark
    Check your email
    We sent you the
    agent's contact details. yellow underline
    Can't find it?
    Please check your junk/spam folder.
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!