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$1,999,999

  • For Sale
  • Active
  • Retail
  • 5,000 Sq. Ft.
See This Home
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See This Home
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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!

Full Property Details for 3055 State Road 16 -

General

  • Price: $1,999,999
  • Taxes: $19,318 (2023)
  • Status: Active
  • Type: Retail
  • Source: MetroMLS_Milwaukee_Wirex
  • MLS ID: 1902550
  • Updated: 11/22/2025
  • Added to Site: 419 day(s) ago

Business

  • Name: Famous Daves

Additional Information

  • Other Features: Handicap Access, Handicap Equipped, Other, Pole Sign, Restrooms

Parking

  • Total Spaces: 46

Location

  • Municipality: City
  • County: La Crosse
  • Driving Directions: North on Hwy 16 from La Crosse, Property on Left just before Onalaska
  • Dist. to Freeway: Less than 1 Mile
  • Location Details: Business District, Freestanding, Near Public Transit

Heating & Cooling

  • Heating/Cooling: Central Air Conditioning, Forced Air, Natural Gas

Utilities

  • Water/Sewer: Municipal Water

Structural Information

  • Structure Type: Other, Retail, Special Purpose
  • Exterior Const.: Brick
  • Basement Desc.: None
  • Roof: Metal
  • Ceiling Height: 11 to 15 Feet
  • Drive-In Clearance: No Truck Door
  • Stories Description: 1
  • Square Feet: 5,000
  • Year Built: 1982

Lot Features

  • Lot Size (Acres): 0.77
  • Frontage: High Visibility, Near Public Transit, State Road
  • Zoning: Commercial

Financial Considerations

  • For Sale/Rent/Lease: For Sale Only
  • Tax Amount: $19,318
  • Tax Year: 2023

Listed by eXp Realty LLC

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Listing agent

— 3055 State Road 16 - —

  • eXp Realty LLC

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NMLS#: 1598647

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Save up to an additional 20% by bundling your home and auto together!

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Find the right home insurance for your new home!

with our affiliated in-house agency

Request a Quote

Save up to an additional 20% by bundling your home and auto together!

Schools serving 3055 State Road 16 -

School District:La Crosse School District
NameGradesDistance
North Woods International School
2541 Sablewood Road, La Crosse, WI 54601
PK-51.2 mi
Logan Middle School
1450 Avon Street, La Crosse, WI 54603
6-82.5 mi
Logan High School
1500 Ranger Drive, La Crosse, WI 54603
9-122 mi
Disclaimer: School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.

Price & Sales History for 3055 State Road 16 - Get Price Alerts and Save Property

Date
Details
Price
Change
Source
1/18/2025
Price Reduced
$1,999,999
-13.04%
MLS
12/27/2024
Listed
$2,300,000
346.78%
MLS
7/25/2005
Sold
$514,800
—
Public Record
Get Price Alerts and Save Property
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

Tax History for 3055 State Road 16 -

Year
Property Taxes
Change
Tax Assessment
Change
2024
$19,732
2%
$939,200
—
2023
$19,390
5%
$939,200
—
2022
$18,389
-17%
$939,200
10%
2021
$22,277
2%
$854,600
—
2020
$21,884
—
$854,600
—
2019
$21,842
-12%
$854,600
—
2018
$24,847
—
$854,600
—
2017
$24,814
—
$854,600
—
2016
$24,786
—
$854,600
—
2015
$24,812
—
$854,600
—
2014
$24,734
-3%
$854,600
—
2013
$25,478
—
$854,600
—
View All
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

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NMLS#: 1598647

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Listed by eXp Realty LLC

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3055 State Road 16 -, La Crosse, WI 54601 (MLS# 1902550) is a Retail property. 3055 State Road 16 - is currently listed for $1,999,999 and was received on December 27, 2024. Want to learn more about 3055 State Road 16 -? Do you have questions about finding other Retail real estate for sale in La Crosse? You can browse all La Crosse real estate or contact a Coldwell Banker agent to request more information.

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