1221 La Crosse StLa Crosse, WI 54601

  • Office properties
  • 1,296 SF
For Sale
$549,000 View listing

Property Details for 1221 La Crosse St

Year built
1959
Lot size
0.34 AC
Property size (Sq ft)
1,296 SF
Property type
Office properties
Property subtype
Office buildings
APN
017-020139-080
APU
17020139080

Description

This exceptional quick-service restaurant (QSR) property presents a lucrative investment opportunity in La Crosse, Wisconsin. Located at 1221 La Crosse Street, 54601, this established building enjoys a highly visible position at a prominent intersection, boasting over 36,000 vehicles passing daily and significant pedestrian traffic due to its proximity to the University of Wisconsin-La Crosse (UWL). The property features a well-maintained building complete with convenient drive-up windows, a fully equipped kitchen, a dedicated dining area, and two bathrooms. Ample parking is available for customers and staff, ensuring ease of access and convenience. The asking price for this turnkey QSR is $549,000. This location offers a unique blend of high visibility, substantial foot and vehicle traffic, and a functional layout, making it an ideal investment for established or aspiring QSR operators seeking a thriving location in a vibrant Wisconsin community. The property is classified as retail, specifically a QSR/Fast Food establishment. Its strategic location and existing infrastructure provide a solid foundation for immediate operation and potential for significant return on investment. Don't miss this chance to acquire a prime commercial property in a high-demand area.

Valuation
by Realmo methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $213,336
    6.5%
    $196,925
    7%
    $182,859
  • Comparable approach

    Method
    Valuation
    Relative Method
    $66,148
    Geo Method
    $66,148
  • Alternative Use

    Use
    Valuation
    Residential
    $244,188
    Hospitality
    $223,674
    Educational
    $186,095
    Medical
    $192,495
    Retail
    $289,480
1221 La Crosse St, La Crosse, Wisconsin
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Location Insight

City
La Crosse
County
La Crosse
State
Wisconsin
Latitude
43.8178
Longitude
-91.2388
CBSA code
29100
CBSA name
LA CROSSE, WI-MN METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2023
$3,206
$109,500
$45,800
$155,300
-
$109,500
$45,800
$155,300

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