1617 N Stoughton Road Active

Madison,WI 53704

$ 2300000

- Bed

- Bath

14577 SqFt


Key Details

Property Type Commercial

Listing Status Active

Purchase Type For Sale

Square Footage 14,577 sqft

Price per Sqft $157

Municipality MADISON

MLS Listing ID 2001737

Year Built 1947

Annual Tax Amount $20,280

Tax Year 2024

Lot Size 1.500 Acres

Acres 1.5

Property Description

8%+ 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

Rooms

Basement Partial

Interior

Heating Natural Gas

Cooling Forced Air,Central Air,Other

Exterior

Roof Type Other

Building

Sewer Municipal Water

New Construction N

View More
Favorite Go Tour