Contact Bunbury at 1-877-233-7356 or
[email protected] for more information about this property.

3040-3046 Commercial Ave,  Madison,  WI  53704 $910,000 Expired
3040-3046 Commercial Ave,  Madison,  WI  53704
$910,000
Expired
More Photos
 Property Type Lots/Acreage
 Parcel # 081032312027
 County Dane
 Sub Area E04
 Municipality Madison
 MLS# 1888806
 Listing Date 07/20/2020

MLS Public Remarks  Rare, FULLY APPROVED, turn-key new development opportunity on Madison's near east side in an existing opportunity zone. Own ~2 acres, 2 existing remodeled homes AND full city/neighborhood approval for an incremental 24 units on site. Price includes all land, both remodeled homes, all city/neighborhood approvals, in-place architect, all drawings, GC (if desired) & a building permit waiting at the City office. The deal is packaged & ready to go for a buyer/developer that wants to skip the city/neighborhood approval process & hit the ground running in a popular & fast growing east side neighborhood. Also listed as 2 single family homes (MLS 1888803 & MLS 1888804), multi-family (MLS 1888805), and business/commercial (MLS 1888807). Two parcels included in sale (081032312035 & 081032312027)
LOCATION  
  • Location  City
  • Other Marketing Area  
  • Mailing City  3040-3046,Commercial Ave
  • C/T/V  City
  • Directions  East On E. Washington, Left On Mccormick Ave, Right On Commercial Ave
    • LOT DESCRIPTION  
  • Subdivision  
  • Number of Lots  2
  • Lot Number  
  • Total Acreage  2.25
  • Wetland Acreage  0.0
  • Pasture Acreage  0.0
  • Tillable Acreage  0.0
  • Wooded Acreage  0.0
  • Source for Acreage  PubR
  • Lot Dimensions  
  • Zoning  SR-V2
  • Specific Builder Required  No
  • Ann/Owner Assoc.Dues  
  • Name of Lake/River  
  • Est. Feet of Water Frontage  0
  • WaterFrontage Source  
  • Legal Description  n/a
    • ASSESSMENT/SCHOOLS   
  • School District  Madison
  • High School  East
  • Middle  Sherman
  • Elementary  Emerson
  • Land Assessment  $120,800
  • Improvements  $371,200
  • Total Assessment  $492,000
  • Net Taxes  $10,884
  • Assessment Year  2020
  • Tax Year  2029
  • Owner  
    • Items Included 
    Items Excluded 
    INTERIOR FEATURES  
  • Water System  Municipal water available, Well on site
  • Waste Disposal System  Municipal sewer available
  • Waterfront  
  • Utilities Available (To Lot)  Cable, Electricity, High speed internet, Natural gas, Telephone
    • EXTERIOR FEATURES  
  • Type   City
  • Present Zoning  Single family
  • Lot Description  Close to Busline
  • Road  Paved
  • Farm Features  
  • Topography  Level
    • OTHER FEATURES  
  • Special Assessments  
  • Terms  Current tenant lease
  • Features  
  • Improvements  Garage, Res Bldg-Little/No Value
  • Purchase Options  Sell entirely
  • Miscellaneous  
  • Available Information  Approved plat map, Certified survey, Land use plans, Preliminary plat map, Storage Building Allowed



    • Above Information Deemed Reliable, But Not Guaranteed

    Listing Courtesy of The Hub Realty