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2180 Pennsylvania Ave

36,850 SF Flex Building Madison, WI 53704 $4,250,000 ($115/SF)

Executive Summary

Fleet Operations Center; Pre-engineered steel building with concrete components. 2009 vintage with re-use of a portion of a pre-existing (~1963) building. Excellent overall condition commensurate with the age. Approximately 28-32’ clear height for the shop with three drive thru bays and a wash bay, plus a storage wing with 22’ eaves, drive-thru bay with two large overhead doors, and recessed dock.
All standard utilities are available: water, sewer, gas, and electric; street improvements including concrete street surface, concrete curb and gutter, and concrete sidewalk which blends with the paving in front of the building. New fiber optic line will need to be brought in from the street after closing.
The subject has the benefit of an easement over Outlot “A” of the Madison Square-Riley Plat which is a land strip located between the railroad and the rear lot boundary. According to Document 1178125 dated February 8, 1967, the easement is a right of way for vehicles and pedestrians with full right to construct and maintain a roadway. This right of way is granted for the purposes of travel only and does not include the right to park or stand vehicles thereon. This easement is also for the construction, operation, and maintenance of underground utilities.

Property Facts

Price $4,250,000
Price Per SF $115
Sale Type Owner User
Property Type Flex
Property Subtype
Showroom
  • Industrial Distribution
  • Industrial Manufacturing
  • FlexLight Distribution
Building Class C
Lot Size 2.00 AC
Rentable Building Area 36,850 SF
No. Stories 2
Year Built 1963
Tenancy Single
Parking Ratio 1.13/1,000 SF
Clear Ceiling Height 32 FT
No. Dock-High Doors/Loading 1
No. Drive In / Grade-Level Doors 10
Opportunity Zone Yes

Amenities

  • Fenced Lot

Utilities

  • Lighting
  • Gas
  • Water
  • Sewer

Space Availability

  • Space
  • Size
  • Space Use
  • Condition
  • Available
  • 1st Floor
  • 36,850 SF
  • Flex
  • Full Build-Out
  • 30 Days

Excellent for fleet/vehicle maintenance, warehouse, storage, or light manufacturing.

Space Size Space Use Condition Available
1st Floor 36,850 SF Flex Full Build-Out 30 Days

1st Floor

Size
36,850 SF
Space Use
Flex
Condition
Full Build-Out
Available
30 Days

1st Floor

Size 36,850 SF
Space Use Flex
Condition Full Build-Out
Available 30 Days

Excellent for fleet/vehicle maintenance, warehouse, storage, or light manufacturing.

Bike Score ®
Biker's Paradise (95)
What is a Walk Score®, Transit Score® & Bike Score®?
Walk Score® measures the walkability of any address.
Transit Score® measures access to public transit.
Bike Score® measures bikeability of a location.
What is a Walk Score®
, Transit Score® & Bike Score?
Walk Score® measures the walkability
of any address. Transit Score®
measures access to public transit. Bike Score®
measures bikeability of a location.®

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
0710-062-1601-6
Land Assessment
$251,000
Improvements Assessment
$3,566,100
Total Assessment
$3,817,100

zoning

Zoning Code Industrial Limited (IL) (Current - Industrial Limited (IL) Future - Employment (E) (allows for a variety of uses including industrial, office, medical, and more))
Industrial Limited (IL) (Current - Industrial Limited (IL) Future - Employment (E) (allows for a variety of uses including industrial, office, medical, and more))
  • Listing ID: 26374466

  • Date on Market: 8/10/2022

  • Last Updated:

  • Address: 2180 Pennsylvania Ave, Madison, WI 53704

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