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515 Cottage Grove Rd,  Madison,  WI  53716 $350,000 Sold
515 Cottage Grove Rd,  Madison,  WI  53716
$350,000
Sold
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 Property Type Business/Commercial
 Parcel # 0710-093-0115-3
 County Dane
 Sub Area E13
 Municipality Madison
 MLS# 1835159
 Listing Date 07/01/2018
 Sold Price $150,000
 Close Date 04/30/2019 12:00 AM

MLS Public Remarks  Currently being use as a prep station for restaurant with food carts. Has been used in the pass as a walk in restaurant / cafe. 2 lots. Other parcel #0710-093-0116-1 C-1 parking lot. Lot size includes both parcels. High traffic street. Across from new development. Close to many other shops along with residential area.
LOCATION  
  • Location  City
  • Other Marketing Area  
  • Mailing City  Madison
  • C/T/V  City
  • Unit #  
  • Directions  Take Hwy 51 / Stoughton Rd. To Cottage Grove Rd. Exit. Go West On Cottage Grove Rd. To Property.
    • BUILDING DESCRIPTION  
  • Real estate for sale  Yes
  • Business for sale  No
  • For lease only  No
  • Ann. Rent/SqFt  $1,500
  • Total Units/Bldg  1
  • Building Gross SqFt  1,500
  • Net Leasable SqFt  0
  • Year Built  1929
  • Source for Year Built  PubR
  • Approx Bldg Dimen  40x50
  • Street Frontage  150
  • Parking Fees/Mo.  $0
  • Onsite Parking  Yes
  • # of Stories  1
  • Ceiling Height Min  8
  • Ceiling Height Max  8
  • Number of Loading Docks  0
  • Zoning  CC-T
  • Est. Total Acres  0.51
  • Source Of Est Acres  
  • Lot Dimensions  
  • Owner  
  • Tradename  
    • ASSESSMENT & TAXES  
  • Land Assessment  $36,500
  • Assessment Year  0
  • Net Taxes  $3,482
  • Tax Year  2017
  • Improvements  $114,400
  • Total Assessment  $0
    • 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 Yes 04/01/2019 Yes $18,000 $1,500 $0 1,500
    2 - 0 0 $0 $0 $0 0
    3 - 0 0 $0 $0 $0 0
    Items Included All fixtures that are not tenants.
    Items Excluded  All person property of seller and tenant.
    INTERIOR FEATURES  
  • Heating/Cooling  Central air, Forced air
  • Water/Waste  Municipal sewer, Municipal water
  • Basement  
  • Fuel  Natural gas
  • Seating Capacity  11-20 persons
    • EXTERIOR FEATURES  
  • Type   Beauty/barber, Office, Restaurant/Supper Club, Retail, Service, Tavern
  • Exterior Treatment  
  • Building Parking  21-35 spaces, 6-10 spaces, Onsite, Paved
  • Roofing  Composition, Partially flat, Rubber/membrane
  • Terms/Option  Exchange
  • Miscellaneous  
    • OTHER FEATURES  
  • Documents on File  Property Condition Report
  • Location  Business district, Free standing, Near Major Highway, Residential area, Shopping center
  • Tenant Pays  Air Conditioning, All expenses, Electric, Heat, Insurance, Janitorial, Sewer, Snow removal, Trash Services, Water
  • Present Use  Other, Restaurant/Supper Club
  • Licenses  Food
  • Lease Type  Annual, Renewal options
  • Occupied by  
  • Sale Includes  Equipment, Lease(s)
  • Features  3 phase electric, Public rest rooms, Signage available



    • Above Information Deemed Reliable, But Not Guaranteed

    Listing Courtesy of Moving On Wisconsin Realty Llc