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2530 Monroe St,  Madison,  WI  53711 $26,820 Sold
2530 Monroe St,  Madison,  WI  53711
$26,820
Sold
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 Property Type Business/Commercial
 Parcel # 070928103153
 County Dane
 Sub Area W12
 Municipality Madison
 MLS# 1884595
 Listing Date 05/31/2020
 Sold Price $1,000
 Close Date 09/30/2020 12:00 AM

MLS Public Remarks  MAKE OFFER! Monroe Street Arts Center is moving to a new and bigger location and is looking to sublease a section of their old space. 815 sq. ft. along Monroe St. that provides great foot traffic as well as many many cars that drive by. Unit is next to Colectivo and across from Michael's Frozen Custard - a great location for any small retailer. Current lease ends 4/30/21, so this can be a great chance to test drive a small retail concept and work out a longer deal with the landlord. **ceiling heights are approx**. Current asking monthly rent is $2,235.
LOCATION  
  • Location  City
  • Other Marketing Area  
  • Mailing City  Madison
  • C/T/V  City
  • Unit #  
  • Directions  North Side Of Monroe St. Next To Colectivo Coffee
    • BUILDING DESCRIPTION  
  • Real estate for sale  No
  • Business for sale  No
  • For lease only  Yes
  • Ann. Rent/SqFt  $33
  • Total Units/Bldg  2
  • Building Gross SqFt  4,428
  • Net Leasable SqFt  815
  • Year Built  1926
  • Source for Year Built  PubR
  • Approx Bldg Dimen  75x109
  • Street Frontage  75
  • Parking Fees/Mo.  $0
  • Onsite Parking  none
  • # of Stories  1
  • Ceiling Height Min  8
  • Ceiling Height Max  9
  • Number of Loading Docks  0
  • Zoning  TSS
  • Est. Total Acres  0.19
  • Source Of Est Acres  
  • Lot Dimensions  
  • Owner  
  • Tradename  
    • ASSESSMENT & TAXES  
  • Land Assessment  $132,000
  • Assessment Year  2019
  • Net Taxes  $21,986
  • Tax Year  2019
  • Improvements  $728,000
  • Total Assessment  $860,000
    • 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 NNN 4/30/21 0 $26,820 $33 $0 815
    2 - 0 0 $0 $0 $0 0
    3 - 0 0 $0 $0 $0 0
    Items Included 
    Items Excluded 
    INTERIOR FEATURES  
  • Heating/Cooling  Central air, Forced air
  • Water/Waste  Municipal water
  • Basement  
  • Fuel  Natural gas
  • Seating Capacity  
    • EXTERIOR FEATURES  
  • Type   Office, Retail
  • Exterior Treatment  
  • Building Parking  No Parking
  • Roofing  Other
  • Terms/Option  
  • Miscellaneous  
    • OTHER FEATURES  
  • Documents on File  
  • Location  Business district
  • Tenant Pays  Air Conditioning, Electric, Heat, Insurance, Janitorial, Sewer, Water
  • Present Use  Retail
  • Licenses  
  • Lease Type  Gross
  • Occupied by  
  • Sale Includes  Lease(s)
  • Features  



    • Above Information Deemed Reliable, But Not Guaranteed

    Listing Courtesy of Plato Commercial Real Estate, Llc