500 2nd St S | La Crosse, WI 54601
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- LoopNet Team
500 2nd St S
La Crosse, WI 54601
River Crossing Square · Office Property For Sale
INVESTMENT HIGHLIGHTS
- High traffic counts and heavy foot traffic 28,300 VPD
- Cap Rate 6.4% in 2023 and 6.8% in 2024
- 2022 Updated 1st floor hall and restrooms
- Centrally located in downtown business district walking distance to Restaurants, shops, theater, arts,coffee, distillery and Botiques
- Lease's have options and rent bumps up to 10%
- Single tenant on 2nd floor has remodeled their entire space in 2019, long term tenant
PROPERTY FACTS
Property Type
Office
Property Subtype
Building Size
37,100 SF
Building Class
B
Year Built/Renovated
1999/2014
Tenancy
Multiple
Building Height
2 Stories
Typical Floor Size
18,550 SF
Building FAR
0.51
Lot Size
1.68 AC
Zoning
MZA - Commercial/ Business
Parking
135 Spaces (3.64 Spaces per 1,000 SF Leased)
AMENITIES
- Controlled Access
- Plug & Play
- Air Conditioning
PROPERTY TAXES
| Parcel Number | 017-020025-100 | Improvements Assessment | $3,082,700 |
| Land Assessment | $999,500 | Total Assessment | $4,082,200 |
PROPERTY TAXES
Parcel Number
017-020025-100
Land Assessment
$999,500
Improvements Assessment
$3,082,700
Total Assessment
$4,082,200
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