Mixed-Use Property with
For Sale
$675,000
828 5th Ave S, La Crosse, WI 54601
Y, La Crosse, WI
Property Size1,512 SF
Lot Size0.48 Acres
Price / SF$446.43
Days on Market197
Property Features for 828 5th Ave S
General Information
Property type
Commercial Sale
Property subtype
Other
Zoning
Commercial
Directions
South 5th Ave, La Crosse
Standard status
Active
APN
017030115140
Size
1,512 SF
Lot size
0.48 Acres
Taxes and HOA fees
Tax Year
2025
Tax Annual Amount
3458
Building Details
Architectural style
Other
Listing Agency:
RE/MAX Results · RE/MAX International
(608) 781-7629
Listed By:
Michael Richgels · License #505790
(608) 781-7669
Added: Apr 1
Changed: Oct 9
Last Checked: Oct 14 at 12:06AM
MLS# 1955933
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.
Investment Insights
Based on property information with market context.
This 1,512-square-foot commercial building includes a bar business and an apartment above the commercial space. The property also encompasses two single-family rental homes on an adjoining parcel, described as functioning together as a duplex. The homes use one water meter and one sewer meter, an arrangement stated to meet city code.
The combined site totals 0.48 acres at the corner of 5th and Winnebago. A parking lot is located west of the commercial building along Winnebago. The bar currently operates as Ye Old Style Inn.
The combined site totals 0.48 acres at the corner of 5th and Winnebago. A parking lot is located west of the commercial building along Winnebago. The bar currently operates as Ye Old Style Inn.
Key Highlights
- Bar business and three residential rental units
- 1,512‑square‑foot commercial building with an apartment above the business
- Two single‑family rental homes on an adjoining parcel, treated as a duplex
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$23,147
Cap Rate
3.43%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$462,940
$462.9K
Cap Rate 7%
$330,671
$330.7K
Cap Rate 9%
$257,189
$257.2K
Market Conditions
NOI Build-Up for 1,512 SF
Gross rent
$32.7K $21.60/SF
− Vacancy
−$1.8K −$1.19/SF
EGI
$30.9K $20.41/SF
− OpEx
−$7.7K −$5.10/SF
NOI
$23.1K $15.31/SF
Area
La Crosse County, WI
Vacancy
5.50%
Lease Rate
$21.60 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$462,940
Cap Rate 7%
$330,671
Cap Rate 9%
$257,189
Alternative Uses
Best Use
Specialty Retail
$330.7K
$289.3K – $385.8K
NOI $23,147 @ 7.0% cap · market cap 3.43%
Second Best
Mixed Use
$193.8K
$169.5K – $226.1K
NOI $13,563 @ 7.0% cap · market cap 2.01%
Theoretical Best
—
—
same as Best Use
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
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Current Use
Lease Details
3
Residential units
Turnkey business
Opportunity
Location Intelligence
Trade Area within ½ mile
2,160
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
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
Market
Vacancy Rate% for Multifamily in Midwest region
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Frequently Asked Questions
What type of property is this?
Mixed-use property - The property combines an operating bar with three residential rental units across adjoining parcels.
Where is this mixed-use property located?
The property is located at 828 5th Ave S 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: Bar business and three residential rental units; 1,512‑square‑foot commercial building with an apartment above the business; Two single‑family rental homes on an adjoining parcel, treated as a duplex
