MLS Public Remarks Mixed-use building zoned TSS located at the intersection of Elmside Blvd. and Atwood Ave. On the first floor there is 3,139 sq.ft. of commercial space and on the 2nd floor there are two 2 bedroom apartments which are fully leased until 2021. There is a large parking lot onsite and a monument sign for the commercial tenant. This is an excellent location near many other retailers and easy to rent. The parking lot was just replaced, newer roof, newer HVAC in the commercial unit and new windows being installed on the residential unit.
* 2 Documents Not Available via MLS |
Location City
Other Marketing Area
Mailing City Madison
C/T/V City
Unit #
Directions Atwood Ave.
Real estate for sale Yes
Business for sale No
For lease only No
Ann. Rent/SqFt $0
Total Units/Bldg 3
Building Gross SqFt 5,771
Net Leasable SqFt 5,191
Year Built 1908
Source for Year Built PubR
Approx Bldg Dimen 0
Street Frontage 0
Parking Fees/Mo. $0
Onsite Parking yes
# of Stories 2
Ceiling Height Min 8
Ceiling Height Max 10
Number of Loading Docks 0
Zoning TSS
Est. Total Acres 0.25
Source Of Est Acres PubR
Lot Dimensions
Owner
Tradename
Land Assessment $110,000
Assessment Year 2020
Net Taxes $14,244
Tax Year 2019
Improvements $557,000
Total Assessment $667,000
Income/Expenses Year $2,019
Gross Operating Income $106,408
Annual Operating Exp $31,749
Net Operating Income $74,659
Unit |
Lease Type |
Lease Exp. Date |
Renewal Option |
Base Annual Rent |
Annual Rent/SqFt |
Other Fees/SqFt |
Gross SqFt |
1 |
See Leases |
See Lease |
0 |
$0 |
$0 |
$0 |
0 |
2 |
- |
0 |
0 |
$0 |
$0 |
$0 |
0 |
3 |
- |
0 |
0 |
$0 |
$0 |
$0 |
0 |
Items Included
Items Excluded Seller & Tenant's personal property
Heating/Cooling Forced air, Other
Water/Waste Municipal sewer, Municipal water
Basement Partial
Fuel Natural gas
Seating Capacity
Type Apartment building, Restaurant/Supper Club
Exterior Treatment
Building Parking Onsite, Paved
Roofing Composition, Other
Terms/Option
Miscellaneous
Documents on File Property Condition Report
Location Free standing, Near public transportatn
Tenant Pays N/A
Present Use Apartment building, Restaurant/Supper Club, Retail
Licenses
Lease Type Other, Partial net
Occupied by
Sale Includes Lease(s)
Features
Above Information Deemed Reliable, But Not Guaranteed
Listing Courtesy of Madison Property Management, Inc.