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2425 S Stoughton Rd,  Madison,  WI  53716 $1,599,000 Expired
2425 S Stoughton Rd,  Madison,  WI  53716
$1,599,000
Expired
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 Property Type Business/Commercial
 Parcel # 071016400865
 County Dane
 Sub Area E12
 Municipality Madison
 MLS# 1894225
 Listing Date 09/21/2020

MLS Public Remarks  Awesome Opportunity! Mixed Use Retail/Warehouse Building with outstanding exposure to S Stoughton Rd. Currently two tenants but one will move out at sale opening a great Owner Occupant opportunity for a furniture or retail store that has been recently updated. The other tenant is Madison Indoor Golf with 9 years remaining on the lease. The new Owner could have the remaining SF for their business or lease some to boat/camper storage. Updates include - new seal coat of parking lot, two tenant build-outs with bathrooms, painting of building, overhead door- the list goes on. Great Opportunity don't miss out!
Documents and Related Links  
1) Floor Plan and Commercial Record
2) Flyer
LOCATION  
  • Location  City
  • Other Marketing Area  
  • Mailing City  Madison
  • C/T/V  City
  • Unit #  
  • Directions  Take Beltline Hwy To North On Stoughton Rd To Pflaum Rd To S Stoughton Rd
    • BUILDING DESCRIPTION  
  • Real estate for sale  Yes
  • Business for sale  No
  • For lease only  No
  • Ann. Rent/SqFt  $7
  • Total Units/Bldg  2
  • Building Gross SqFt  20,384
  • Net Leasable SqFt  20,384
  • Year Built  1968
  • Source for Year Built  PubR
  • Approx Bldg Dimen  162x121
  • Street Frontage  140
  • Parking Fees/Mo.  $0
  • Onsite Parking  30
  • # of Stories  1
  • Ceiling Height Min  16
  • Ceiling Height Max  14
  • Number of Loading Docks  1
  • Zoning  Commercial
  • Est. Total Acres  1.0
  • Source Of Est Acres  PubR
  • Lot Dimensions  
  • Owner  
  • Tradename  
    • ASSESSMENT & TAXES  
  • Land Assessment  $216,000
  • Assessment Year  2020
  • Net Taxes  $16,669
  • Tax Year  2019
  • Improvements  $548,500
  • Total Assessment  $764,500
    • 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 modified 06/30/2029 No $38,652 $7 $0 5,661
    2 - 0 0 $0 $0 $0 0
    3 - 0 0 $0 $0 $0 0
    Items Included Standard fixtures
    Items Excluded  Seller and Tenant property no included in sale
    INTERIOR FEATURES  
  • Heating/Cooling  Forced air
  • Water/Waste  Municipal sewer, Municipal water
  • Basement  Slab/None
  • Fuel  Electric, Natural gas
  • Seating Capacity  11-20 persons
    • EXTERIOR FEATURES  
  • Type   Industrial, Office, Retail, Service, Warehouse
  • Exterior Treatment  
  • Building Parking  21-35 spaces, Paved
  • Roofing  All flat
  • Terms/Option  
  • Miscellaneous  
    • OTHER FEATURES  
  • Documents on File  Lease(s)
  • Location  Business district, Free standing, Near Major Highway
  • Tenant Pays  Electric, Janitorial, Snow removal, Trash Services, Water
  • Present Use  Retail, Service, Warehouse
  • Licenses  Other
  • Lease Type  Mixed lease types, Multiple years
  • Occupied by  
  • Sale Includes  Easements, Lease(s)
  • Features  Display window, Inside storage, Overhead doors, Private office(s), Public rest rooms, Reception area, Security system, Signage available



    • Above Information Deemed Reliable, But Not Guaranteed

    Listing Courtesy of Pinnacle Real Estate Group Llc