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3055 State Road 16

La Crosse, WI 54601
  • $1,999,999
  • STATUS: Active
  • ON SITE: 388 Days
  • ID#: 1902550
UPDATED: 29 min ago
$1,999,999
  • 0
    BEDS
  • 0.77
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
  • 5,000
    SQFT
  • $400
    $/SQFT
Neighborhood:
Type:
Commercial
Built:
1982
County:
Area:

School Ratings & Info

Data Source: MetroMLS

Listing provided courtesy of eXp Realty LLC: (866) 848-6990 ext- 101.

Description

SELLER FINANCING available with adequate down payment! Prime opportunity to own highly desired real estate right along Highway 16. Own a turnkey building with a rock solid national tenant that has been a pillar restaurant in the community for decades. Modified lease in place and priced at a 6.4 cap rate. Tenant responsible for ALL expenses except property taxes. Lease with current tenant runs through February 2027 which allows landlord to adjust monthly rent to account for property taxes. Over .75 acre lot with excellent visibility off of HWY 16 and tons of parking. Don't miss out on this investment opportunity!

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© 2026 MetroMLS - All rights reserved. Information is supplied by seller and other third parties and has not been verified. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by MetroMLS or Keller Williams Realty - Milwaukee Southwest. Data last updated: 2026-01-20T19:52:36.597.
www.milwaukeeforeverhome.com/homes/159045940
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3055 State Road 16 La Crosse, WI 54601

  • Price: $1,999,999
  • Status: Active
  • On Site: 388 Days
  • Updated: 29 min ago
  • ID#: 1902550
0
Beds
0
Baths
0
½ Baths
0.77
Acres
5,000
SQFT
$400
$/SQFT
1982
Built
Neighborhood:
La Crosse
County:
La Crosse
Area:
La Crosse
Property Description
SELLER FINANCING available with adequate down payment! Prime opportunity to own highly desired real estate right along Highway 16. Own a turnkey building with a rock solid national tenant that has been a pillar restaurant in the community for decades. Modified lease in place and priced at a 6.4 cap rate. Tenant responsible for ALL expenses except property taxes. Lease with current tenant runs through February 2027 which allows landlord to adjust monthly rent to account for property taxes. Over .75 acre lot with excellent visibility off of HWY 16 and tons of parking. Don't miss out on this investment opportunity!
Exterior Features

Exterior Brick Location Business DistrictFree StandingNear Public Transit Parking Spaces 46.00 Proximity To Highway 0-1 Miles Road Frontage High VisibilityNear Public TransitState Road Roofing Metal Truck Door Height No Truck Door

Interior Features

Average Ceiling Height 11'-15' Basement None Heating Cooling Central AirForced AirNatural Gas Miscellaneous Handicap AccessHandicap EquippedOtherPole SignRest Rooms

Property Features

Business Name Famous Daves Commercial Type OtherRetailSpecial Purpose Flood Plain No For Sale Or Lease For Sale Only Licenses FoodLiquorMalt Beverage Municipality City Sale Includes LeaseReal Estate Source Acreage Other Source Sq Ft Other Source Year Built Other Tax Year 2023 Taxes 19318.00 Type Commercial Type Of Business Restaurant Water Waste Municipal Water Zoning Commercial

© 2026 MetroMLS - All Rights Reserved. Information is supplied by seller and other third parties and has not been verified.


© 2026 MetroMLS - All rights reserved. Information is supplied by seller and other third parties and has not been verified. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by MetroMLS or Keller Williams Realty - Milwaukee Southwest. Data last updated: 2026-01-20T19:52:36.597.
 
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Keller Williams Realty - Milwaukee Southwest
3830 S. Moorland Road, Suite C
New Berlin WI, 53151
Data Source: MetroMLS

Listing provided courtesy of eXp Realty LLC: (866) 848-6990 ext- 101.