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5534 Medical Circle,  Madison,  WI  53719 $975,000 Expired
5534 Medical Circle,  Madison,  WI  53719
$975,000
Expired
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 Property Type Business/Commercial
 Parcel # 070930302066
 County Dane
 Sub Area W07
 Municipality Madison
 MLS# 1966995
 Listing Date 11/03/2023

MLS Public Remarks  First time on the market in 53 years! Rare opportunity to purchase a property on the west side of Madison in an Opportunity Zone. Property is located blocks away from the Whitney Way exit off the Beltline Hwy (Hwy 12 & 18) and is also close to the UW Research Park and the new Westgate Redevelopment site. Many restaurants and shopping destinations within a 5-minute drive. Property would be great for an owner occupant, and possibly with room for office rentals for side income. Good off-street parking with nice curb appeal. These opportunities don't come up often. Priced under City of Madison assessment.
Documents and Related Links  
1) Marketing Flyer
LOCATION  
  • Location  City
  • Other Marketing Area  
  • Mailing City  Madison
  • C/T/V  City
  • Unit #  
  • Directions  Whitney Way To Odana, Then South / Left On Medical Circle. Building Is On The Left Side.
    • BUILDING DESCRIPTION  
  • Real estate for sale  Yes
  • Business for sale  No
  • For lease only  No
  • Ann. Rent/SqFt  $0
  • Total Units/Bldg  1
  • Building Gross SqFt  7,172
  • Net Leasable SqFt  7,172
  • Year Built  1966
  • Source for Year Built  PubR
  • Approx Bldg Dimen  102x53
  • Street Frontage  53
  • Parking Fees/Mo.  $0
  • Onsite Parking  39
  • # of Stories  2
  • Ceiling Height Min  8
  • Ceiling Height Max  8
  • Number of Loading Docks  0
  • Zoning  CC-T
  • Est. Total Acres  0.59
  • Source Of Est Acres  PubR
  • Lot Dimensions  103x251
  • Owner  
  • Tradename  
    • ASSESSMENT & TAXES  
  • Land Assessment  $231,000
  • Assessment Year  2023
  • Net Taxes  $16,203
  • Tax Year  2022
  • Improvements  $757,100
  • Total Assessment  $988,100
    • ANNUAL INCOME/EXPENSES  
  • Income/Expenses Year  $0
  • Gross Operating Income  $0
  • Annual Operating Exp  $0
  • Net Operating Income  $0
    • UNIT INFORMATION  
    Unit Lease Type Lease Exp. Date Renewal Option Base Annual Rent Annual Rent/SqFt Other Fees/SqFt Gross SqFt
    1 N/A N/A 0 $0 $0 $0 0
    2 - 0 0 $0 $0 $0 0
    3 - 0 0 $0 $0 $0 0
    Items Included NONE
    Items Excluded  NONE
    INTERIOR FEATURES  
  • Heating/Cooling  Central air, Forced air, Zoned heating
  • Water/Waste  Municipal sewer, Municipal water
  • Basement  Full, Poured concrete foundatn, Walkout/Outside entrance
  • Fuel  Natural gas
  • Seating Capacity  31-50 persons
    • EXTERIOR FEATURES  
  • Type   Day care, Office
  • Exterior Treatment  Brick
  • Building Parking  36-55 spaces, Onsite, Paved
  • Roofing  All flat, Rubber/membrane
  • Terms/Option  Other
  • Miscellaneous  Internet - Cable
    • OTHER FEATURES  
  • Documents on File  Property Condition Report
  • Location  Business district, Free standing, Near Major Highway, Near public transportatn
  • Tenant Pays  N/A
  • Present Use  Office
  • Licenses  None
  • Lease Type  None
  • Occupied by  Owner
  • Sale Includes  N/A
  • Features  Inside storage, Private office(s), Shared Restrooms, Shared conference room



    • Above Information Deemed Reliable, But Not Guaranteed

    Listing Courtesy of Sanford Enterprises, Inc.