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Listed by Kent Yan • Plato Commercial Real Estate, LLC
$2,122,100
Est. payment /mo
14,577 SqFt
Active
1617 N Stoughton Road Madison, WI 53704
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Key Details
Property Type Commercial
Listing Status Active
Purchase Type For Sale
Approx. Sqft 5001 or more
Square Footage 14,577 sqft
Price per Sqft $145
Municipality MADISON
MLS Listing ID 2001737
Year Built 1947
Building Age 21+ Years
Annual Tax Amount $20,280
Tax Year 2024
Lot Size 1.500 Acres
Acres 1.5
Property Description
9.0% Cap Rate! Great investment opportunity to purchase a commercial property on Madison?s east side. 1617 N. Stoughton Rd. is leased to two credible tenants (a well-established, longtime Madison-area restaurant, and a national medical center). Long term for a future development, the current CC-T zoning offers one of the best and diverse zoning categories that Madison has to offer. This is a very unique investment with long term redevelopment possibilities.
Location
State WI
County Dane
Zoning CC-T
Direction Just north of Hwy 151 and Hwy 51 (E. Washington and N. Stoughton Rd) intersection. Just south of Anderson St.
Rooms
Basement Partial
Interior
Heating Natural Gas
Cooling Forced Air, Central Air, Other
Exterior
Roof Type Other
Building
Story 1
Sewer Municipal Water
New Construction N
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