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117 4th St

La Crosse, WI 54601

$1,400,000

Specialty For Sale  •  50,000 Sq Ft

Property Details

  • Property Type Specialty
  • Total Building Size 50,000 Sq Ft
  • Lot Size 0.42 ac
  • Building Class C
  • Year Built 1919
  • Zoning Commercial
33 Transit Score
83 Walk Score

Description

Historic Rivoli building in downtown LaCrosse for sale! Once in a lifetime opportunity to own a building that has not changed hands since 1994. Rivoli commercial complex has several lease's in place including the Rivoli Theater, Cafe' & 3 floors of office suites. ''modern business block construction'' or Neoclassical style of architecture. The Rivoli Building is on the National and State Historic registry. State, Federal & Local grants area available to improve this Iconic building. In the last 3 years Downtown has experienced tremendous growth. Now is your time to own a piece of History! In the last 2  years a parking lot was transformed into Belle Square, a mixed used property of apartments and retail including a bank, 2 medical clinic's, dentist and fitness center. New Hamton Inn and suites, among many other projects in the works, a  distillery and expansion of the La Crosse convention center. In 2016 the city's economic development commission awarded Doerflinger second century inc a $98K grand and a $94K loan to adaptively re-use over 64K sf of the historic Doerflinger building at 4th and main to accmodatethe national retailer Duluth Trading Company.

Highlights

Historic District
Walkable downtown
Development Opportunity
Elevator
Multiple Lease's
4 blocks from the Mississippi River

Property Flyers

Financial Summary (Actual)

Net Operating Income: $13,392 (2017)
Total Expenses: $73,449

Amenities

  • Bus Line
  • Signage
Cathy Fox 608-386-8115 Coldwell Banker River Valley Commercial Group
Cathy Fox 608-386-8115 Coldwell Banker River Valley Commercial Group