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5502 University Ave 1,  Madison,  WI  53705 $1 Sold
5502 University Ave 1,  Madison,  WI  53705
$1
Sold
 Property Type Business/Commercial
 Parcel # 0709-182-1113-0
 County Dane
 Sub Area W03
 Municipality Madison
 MLS# 1877611
 Listing Date 02/24/2020
 Sold Price $92,188
 Close Date 07/21/2020 12:00 AM

MLS Public Remarks  Fantastic visibility for your business on busy University Avenue. A short drive from downtown and easy access to the beltline means a great location for you and your customers. On site parking, many neighboring businesses including restaurants, office, retail. Space is vacant and ready to finish for your planned use.
LOCATION  
  • Location  City
  • Other Marketing Area  
  • Mailing City  Madison
  • C/T/V  City
  • Unit #  1
  • Directions  From Central Madison, West On University Avenue To 5502
    • BUILDING DESCRIPTION  
  • Real estate for sale  No
  • Business for sale  No
  • For lease only  Yes
  • Ann. Rent/SqFt  $16
  • Total Units/Bldg  2
  • Building Gross SqFt  2,706
  • Net Leasable SqFt  1,197
  • Year Built  1968
  • Source for Year Built  PubR
  • Approx Bldg Dimen  1x1
  • Street Frontage  114
  • Parking Fees/Mo.  $0
  • Onsite Parking  yes
  • # of Stories  1
  • Ceiling Height Min  0
  • Ceiling Height Max  12
  • Number of Loading Docks  0
  • Zoning  NMX
  • Est. Total Acres  0.25
  • Source Of Est Acres  
  • Lot Dimensions  
  • Owner  
  • Tradename  
    • ASSESSMENT & TAXES  
  • Land Assessment  $143,000
  • Assessment Year  2019
  • Net Taxes  $7,644
  • Tax Year  2019
  • Improvements  $210,000
  • Total Assessment  $353,000
    • 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 Gross vacant Yes $19,152 $16 $0 1,197
    2 - 0 0 $0 $0 $0 0
    3 - 0 0 $0 $0 $0 0
    Items Included None
    Items Excluded  None
    INTERIOR FEATURES  
  • Heating/Cooling  Forced air
  • Water/Waste  Municipal sewer, Municipal water
  • Basement  Block foundation, Slab/None
  • Fuel  Natural gas
  • Seating Capacity  
    • EXTERIOR FEATURES  
  • Type   Office, Retail
  • Exterior Treatment  
  • Building Parking  11-20 spaces, Onsite, Paved
  • Roofing  Composition
  • Terms/Option  
  • Miscellaneous  
    • OTHER FEATURES  
  • Documents on File  
  • Location  Free standing, Near Major Highway, Near public transportatn
  • Tenant Pays  Electric, Heat
  • Present Use  Office, Retail, Service
  • Licenses  None
  • Lease Type  Multiple years, Partial net
  • Occupied by  
  • Sale Includes  N/A
  • Features  



    • Above Information Deemed Reliable, But Not Guaranteed

    Listing Courtesy of First Weber Inc