1617 N Stoughton Road new Save Request In-Person Tour Request Virtual Tour
Madison,WI 53704
Key Details
Property Type Commercial
Sub Type Retail,Office,Restaurant/Supper Club,Tavern
Listing Status Active
Purchase Type For Sale
Square Footage 14,577 sqft
Price per Sqft $157
MLS Listing ID 2001737
Year Built 1947
Annual Tax Amount $20,280
Tax Year 2024
Lot Size 1.500 Acres
Acres 1.5
Property Sub-Type Retail,Office,Restaurant/Supper Club,Tavern
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
Area Madison - C E08
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 Forced air,Central air,Other
Cooling Forced air,Central air,Other
Exterior
Parking Features 36-55 spaces
Roof Type Other
Building
Story 1
Water Municipal water
Structure Type Other
Others
SqFt Source Assessor
Energy Description Natural gas