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3830 Atwood Ave SUIT,  Madison,  WI  53714-2879 $549,000 Sold
3830 Atwood Ave SUIT,  Madison,  WI  53714-2879
$549,000
Sold
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 Property Type Business/Commercial
 Parcel # 0710-092-2402-8
 County Dane
 Sub Area E10
 Municipality Madison
 MLS# 1891212
 Listing Date 08/15/2020
 Sold Price $510,000
 Close Date 11/06/2020 12:00 AM

MLS Public Remarks  Atwood Avenue address office building for sale or lease. Located at one of the most desired parts of the east side, steps away from Lake Monona, a mature residential neighborhood and from exciting mixed-use developments, this is a great place to put your business. 16,000 cars drive by the monument sign in front of this building every day. On site parking for 17 vehicles. This building has three suites; two are occupied & leased and one is available for lease or for occupancy by a new owner.
Documents and Related Links  
1) floor plan
2) Seller Disclosure
3) Seller Disclosure Report
LOCATION  
  • Location  City
  • Other Marketing Area  
  • Mailing City  Madison
  • C/T/V  City
  • Unit #  SUIT
  • Directions  Located On Atwood Ave, Just North Of Cottage Grove Road
    • BUILDING DESCRIPTION  
  • Real estate for sale  Yes
  • Business for sale  No
  • For lease only  No
  • Ann. Rent/SqFt  $12
  • Total Units/Bldg  3
  • Building Gross SqFt  4,475
  • Net Leasable SqFt  3,965
  • Year Built  1976
  • Source for Year Built  PubR
  • Approx Bldg Dimen  90X50
  • Street Frontage  155
  • Parking Fees/Mo.  $0
  • Onsite Parking  17
  • # of Stories  1
  • Ceiling Height Min  8
  • Ceiling Height Max  9
  • Number of Loading Docks  0
  • Zoning  NMX
  • Est. Total Acres  0.4
  • Source Of Est Acres  
  • Lot Dimensions  
  • Owner  
  • Tradename  
    • ASSESSMENT & TAXES  
  • Land Assessment  $95,000
  • Assessment Year  2019
  • Net Taxes  $8,718
  • Tax Year  2019
  • Improvements  $295,000
  • Total Assessment  $390,000
    • ANNUAL INCOME/EXPENSES  
  • Income/Expenses Year  $2,019
  • Gross Operating Income  $61,980
  • Annual Operating Exp  $25,695
  • Net Operating Income  $36,285
    • UNIT INFORMATION  
    Unit Lease Type Lease Exp. Date Renewal Option Base Annual Rent Annual Rent/SqFt Other Fees/SqFt Gross SqFt
    1 gross 2/1/22 Yes $20,400 $12 $0 1,700
    2 - 0 0 $0 $0 $0 0
    3 - 0 0 $0 $0 $0 0
    Items Included 
    Items Excluded  Furniture, fixtures, equipment and personal property owned by tenants
    INTERIOR FEATURES  
  • Heating/Cooling  Central air, Forced air
  • Water/Waste  Municipal sewer, Municipal water
  • Basement  Poured concrete foundatn
  • Fuel  Natural gas
  • Seating Capacity  
    • EXTERIOR FEATURES  
  • Type   Beauty/barber, Office, Service
  • Exterior Treatment  
  • Building Parking  11-20 spaces, Onsite, Paved
  • Roofing  Partially flat, Rubber/membrane
  • Terms/Option  Other
  • Miscellaneous  
    • OTHER FEATURES  
  • Documents on File  Certified survey map, Lease(s), Property Condition Report
  • Location  Business district
  • Tenant Pays  Janitorial
  • Present Use  Office
  • Licenses  None
  • Lease Type  Gross, Multiple years, Renewal options
  • Occupied by  
  • Sale Includes  Easements, Signs
  • Features  Private office(s), Public rest rooms



    • Above Information Deemed Reliable, But Not Guaranteed

    Listing Courtesy of Helm Commercial Real Estate