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3402 Monroe St,  Madison,  WI  53711 $1,425,000 Expired
3402 Monroe St,  Madison,  WI  53711
$1,425,000
Expired
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 Property Type Business/Commercial
 Parcel # 0709-282-2410-7
 County Dane
 Sub Area W12
 Municipality Madison
 MLS# 1852678
 Listing Date 03/27/2019

MLS Public Remarks  The WORK/LIVE opportunity in an amazing location! Incredible flexibility for any business looking for an on-site housing/residence or for a primary home with business potential. Each property features 5 bedrooms, 5 baths, fireplaces, full kitchens and laundry. The award-winning EcoLodge has outstanding Monroe St frontage combined with a sustainable and energy efficient design. The historic Guest House for housing or rentals. Bring your ideas for professional use, affordable housing coop, office, daycare, assisted living, medical uses, or group rentals. Located on a beautiful tree-lined lot with parking. Walkable to Lake Wingra, trails, restaurants, shops, schools and just minutes to downtown Madison!
Documents and Related Links  
1) Real Estate Condition Report
2) EcoLodge, Guest House, & Entire Property Features
3) Lead Based Paint Disclosure
4) 20th Anniversary Press Release
5) Site, Architecture, & Sustainability
LOCATION  
  • Location  City
  • Other Marketing Area  
  • Mailing City  Madison
  • C/T/V  City
  • Unit #  
  • Directions  Nakoma Rd To Monroe St. Located On The Corner Of Monroe St And Copeland St
    • 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  6,800
  • Net Leasable SqFt  0
  • Year Built  1996
  • Source for Year Built  Bldr
  • Approx Bldg Dimen  00x00
  • Street Frontage  0
  • Parking Fees/Mo.  $0
  • Onsite Parking  3
  • # of Stories  2
  • Ceiling Height Min  0
  • Ceiling Height Max  0
  • Number of Loading Docks  0
  • Zoning  HIS-L
  • Est. Total Acres  0.42
  • Source Of Est Acres  PubR
  • Lot Dimensions  
  • Owner  
  • Tradename  
    • ASSESSMENT & TAXES  
  • Land Assessment  $132,000
  • Assessment Year  2021
  • Net Taxes  $19,077
  • Tax Year  2020
  • Improvements  $1,015,000
  • Total Assessment  $1,147,000
    • ANNUAL INCOME/EXPENSES  
  • Income/Expenses Year  $2,018
  • Gross Operating Income  $180,000
  • Annual Operating Exp  $25,500
  • Net Operating Income  $154,500
    • 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 
    Items Excluded  Seller's Personal Property and chest freezer.
    INTERIOR FEATURES  
  • Heating/Cooling  Central air, Forced air, Heat pump, Radiant, Wall AC
  • Water/Waste  Municipal sewer, Municipal water
  • Basement  Full, Other foundation, Partial, Poured concrete foundatn, Walkout/Outside entrance
  • Fuel  Electric, Natural gas
  • Seating Capacity  11-20 persons
    • EXTERIOR FEATURES  
  • Type   Motel/Hotel/Bed & Brkfst
  • Exterior Treatment  
  • Building Parking  6-10 spaces, Paved
  • Roofing  Other
  • Terms/Option  
  • Miscellaneous  
    • OTHER FEATURES  
  • Documents on File  Blue prints, Inventory list, P & L statement, Property Condition Report
  • Location  Corner, Residential area
  • Tenant Pays  No expenses
  • Present Use  Living quarters, Motel/Hotel/Bed & Brkfst
  • Licenses  Other
  • Lease Type  None
  • Occupied by  
  • Sale Includes  Customer list, Equipment, Receivables
  • Features  Private Restrooms, Residential unit(s)



    • Above Information Deemed Reliable, But Not Guaranteed

    Listing Courtesy of Stark Company, Realtors