This feature is unavailable at the moment.
We apologize, but the feature you are trying to access is currently unavailable. We are aware of this issue and our team is working hard to resolve the matter.
Please check back in a few minutes. We apologize for the inconvenience.
- LoopNet Team
thank you
Your email has been sent!
1831 E Washington Ave
0.51 Acres of Commercial Land Offered at $2,890,000 in Madison, WI 53704
Investment Highlights
- Seller Inviting Competitive Offers for Consideration
- Excellent Visibility and High Traffic Location
- .51 Acres of Vacant Land Available With Future CMU Zoning!
- Ideal for Developers/Brokers Seeking Prime Madison Location
- CMU zoning allows for the construction of up to eight stories high building
- Located Directly On The East Washington Corridor to the Capital
Executive Summary
Property Facts
| Price | $2,890,000 | Property Type | Land |
| Sale Type | Investment or Owner User | Property Subtype | Commercial |
| Sale Conditions | Redevelopment Project | Proposed Use | |
| No. Lots | 1 | Total Lot Size | 0.51 AC |
| Price | $2,890,000 |
| Sale Type | Investment or Owner User |
| Sale Conditions | Redevelopment Project |
| No. Lots | 1 |
| Property Type | Land |
| Property Subtype | Commercial |
| Proposed Use | |
| Total Lot Size | 0.51 AC |
1 Lot Available
Lot
| Price | $2,890,000 | Lot Size | 0.51 AC |
| Price Per AC | $5,666,667 |
| Price | $2,890,000 |
| Price Per AC | $5,666,667 |
| Lot Size | 0.51 AC |
.51 acres of land for sale on US Hwy 51, conveniently located alongside the railroad tracks.
Description
51 acres of land for sale on US Hwy 51, conveniently located alongside the railroad tracks. The property includes a vacant auto repair building that is currently zoned ILm for light industrial use. The City Comprehensive Plan designates future land use as Community Mixed Use (CMU) with a minimum height of 3 stories and a maximum height of 8 stories, and the property has approved plans to develop within these guidelines. All underground remediation has been thoroughly completed and satisfied with the WI Dept of Commerce and is included in the DNR Geographic Information System Registry. Possible seller concessions are available per negotiations.
PROPERTY TAXES
| Parcel Number | 0710-072-0911-9 | Improvements Assessment | $254,000 |
| Land Assessment | $160,000 | Total Assessment | $414,000 |
PROPERTY TAXES
zoning
| Zoning Code | IL (Industrial Light) |
| IL (Industrial Light) |
-
Yvette Frasier -
@Properties | elleven | Christie's International
Presented by
1831 E Washington Ave
Hmm, there seems to have been an error sending your message. Please try again.
Thanks! Your message was sent.