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2565 E Johnson St,  Madison,  WI  53704 $1,525,000 Sold
2565 E Johnson St,  Madison,  WI  53704
$1,525,000
Sold
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 Property Type Business/Commercial
 Parcel # 071006114343
 County Dane
 Sub Area E05
 Municipality Madison
 MLS# 1896228
 Listing Date 10/19/2020
 Sold Price $1,372,500
 Close Date 01/29/2021 12:00 AM

MLS Public Remarks  14,286 sq.ft. commercial building zoned NMX - Neighborhood Mixed-Use District located at the corner of E. Johnson St. & North St. The State of Wisconsin occupies the entire main level and also more than half of the 2nd floor level. The remaining 2nd floor is occupied by Capital Park Management and then there is about 1,262 sq.ft. in the lower level that is vacant that could be leased but being used for storage. There are 28 parking stalls, a drive-thru carport, elevators onsite and restrooms available on each floor.
Documents and Related Links  
* 3 Documents Not Available via MLS
LOCATION  
  • Location  City
  • Other Marketing Area  
  • Mailing City  Madison
  • C/T/V  City
  • Unit #  
  • Directions  E. Washington Ave., To North St. And E. Johnson St.
    • BUILDING DESCRIPTION  
  • Real estate for sale  Yes
  • Business for sale  No
  • For lease only  No
  • Ann. Rent/SqFt  $0
  • Total Units/Bldg  3
  • Building Gross SqFt  14,200
  • Net Leasable SqFt  14,200
  • Year Built  999
  • Source for Year Built  Othr
  • Approx Bldg Dimen  0x0
  • Street Frontage  0
  • Parking Fees/Mo.  $0
  • Onsite Parking  yes
  • # of Stories  2
  • Ceiling Height Min  8
  • Ceiling Height Max  13
  • Number of Loading Docks  0
  • Zoning  NMX
  • Est. Total Acres  0.46
  • Source Of Est Acres  PubR
  • Lot Dimensions  
  • Owner  
  • Tradename  
    • ASSESSMENT & TAXES  
  • Land Assessment  $89,000
  • Assessment Year  2020
  • Net Taxes  $21,676
  • Tax Year  2019
  • Improvements  $820,000
  • Total Assessment  $909,000
    • ANNUAL INCOME/EXPENSES  
  • Income/Expenses Year  $2,019
  • Gross Operating Income  $0
  • Annual Operating Exp  $0
  • Net Operating Income  $95,018
    • UNIT INFORMATION  
    Unit Lease Type Lease Exp. Date Renewal Option Base Annual Rent Annual Rent/SqFt Other Fees/SqFt Gross SqFt
    1 Commercial See Leases 0 $0 $0 $0 0
    2 - 0 0 $0 $0 $0 0
    3 - 0 0 $0 $0 $0 0
    Items Included 
    Items Excluded 
    INTERIOR FEATURES  
  • Heating/Cooling  Other
  • Water/Waste  Municipal sewer
  • Basement  Full
  • Fuel  Natural gas
  • Seating Capacity  
    • EXTERIOR FEATURES  
  • Type   Office, Retail
  • Exterior Treatment  
  • Building Parking  21-35 spaces, Onsite, Paved
  • Roofing  All flat, Composition, Other
  • Terms/Option  
  • Miscellaneous  
    • OTHER FEATURES  
  • Documents on File  Property Condition Report
  • Location  Corner, Free standing
  • Tenant Pays  N/A
  • Present Use  Office, Other
  • Licenses  
  • Lease Type  Other
  • Occupied by  
  • Sale Includes  Lease(s)
  • Features  



    • Above Information Deemed Reliable, But Not Guaranteed

    Listing Courtesy of Madison Property Management, Inc.