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410 Atlas Ave,  Madison,  WI  53714 $400,000 Sold
410 Atlas Ave,  Madison,  WI  53714
$400,000
Sold
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 Property Type Business/Commercial
 Parcel # 0710-091-0207-2
 County Dane
 Sub Area E11
 Municipality Madison
 MLS# 1898510
 Listing Date 11/25/2020
 Sold Price $400,000
 Close Date 04/01/2021 12:00 AM

MLS Public Remarks  Great large commercial rental property with great rental history and established tenant! Nestled off Atlas Ave on Madison's east side, this Prairie-Style brick and wood building features office space in front, a large, warehouse-style building connected behind, and additional parking lot in the back. Add to your rental portfolio, or have a central location for your budding business to move into down the road. 410 Atlas Ave has it all! Measurements of building and parking lot are approximate and should be verified by buyer if important. Also listed with neighboring properties as part of MLS# 1898512
LOCATION  
  • Location  City
  • Other Marketing Area  
  • Mailing City  Madison
  • C/T/V  City
  • Unit #  
  • Directions  From Cottage Grove Rd, Turn North On Atlas Ave. Continue About A Half Of A Mile, The Office Building Is On The Left
    • BUILDING DESCRIPTION  
  • Real estate for sale  Yes
  • Business for sale  No
  • For lease only  No
  • Ann. Rent/SqFt  $6
  • Total Units/Bldg  1
  • Building Gross SqFt  6,200
  • Net Leasable SqFt  6,200
  • Year Built  1976
  • Source for Year Built  PubR
  • Approx Bldg Dimen  140x45
  • Street Frontage  116
  • Parking Fees/Mo.  $0
  • Onsite Parking  15
  • # of Stories  1
  • Ceiling Height Min  8
  • Ceiling Height Max  12
  • Number of Loading Docks  0
  • Zoning  IL
  • Est. Total Acres  0.97
  • Source Of Est Acres  PubR
  • Lot Dimensions  
  • Owner  
  • Tradename  
    • ASSESSMENT & TAXES  
  • Land Assessment  $164,000
  • Assessment Year  2020
  • Net Taxes  $9,020
  • Tax Year  2019
  • Improvements  $239,400
  • Total Assessment  $403,400
    • ANNUAL INCOME/EXPENSES  
  • Income/Expenses Year  $0
  • Gross Operating Income  $37,132
  • Annual Operating Exp  $3,000
  • Net Operating Income  $34,132
    • UNIT INFORMATION  
    Unit Lease Type Lease Exp. Date Renewal Option Base Annual Rent Annual Rent/SqFt Other Fees/SqFt Gross SqFt
    1 Mixed 8/31/23 Yes $37,132 $6 $0 6,200
    2 - 0 0 $0 $0 $0 0
    3 - 0 0 $0 $0 $0 0
    Items Included 
    Items Excluded  Seller's and/or tenant's property
    INTERIOR FEATURES  
  • Heating/Cooling  Forced air
  • Water/Waste  Municipal sewer, Municipal water
  • Basement  
  • Fuel  Natural gas
  • Seating Capacity  
    • EXTERIOR FEATURES  
  • Type   Office, Warehouse
  • Exterior Treatment  
  • Building Parking  11-20 spaces, Paved
  • Roofing  Other
  • Terms/Option  
  • Miscellaneous  
    • OTHER FEATURES  
  • Documents on File  Lease(s)
  • Location  Business district
  • Tenant Pays  Air Conditioning, Electric, Heat, Sewer, Water
  • Present Use  Office, Other
  • Licenses  
  • Lease Type  Mixed lease types
  • Occupied by  
  • Sale Includes  N/A
  • Features  Private office(s), Shared Restrooms



    • Above Information Deemed Reliable, But Not Guaranteed

    Listing Courtesy of Exit Realty Hgm