Contact Bunbury at 1-877-233-7356 or
[email protected] for more information about this property.

 Property Type Business/Commercial
 Parcel # 070935399425
 County Dane
 Sub Area W17
 Municipality Madison
 MLS# 1901042
 Listing Date 01/23/2021

MLS Public Remarks  29,400 SF flex building with office and warehouse space. Formerly Channel 57, the warehouse is leased into 2025 & has 1 drive in & 1 truck dock. Total of 6 tenants are paying rent now. 3,448 SF in 2 office spaces remain. Bathrooms throughout building for owner occupant or tenants. On-site parking and easy access to west beltline highway. Current owner needs to lease back +/- 1000 sf of building long term. Permanent easement covers the antenna next to building, owned by others. Some space ready to occupy & some needs remodeling. Very affordable lease reates, $5.00 - $7.00 psf + electric.
LOCATION  
  • Location  City
  • Other Marketing Area  
  • Mailing City  Madison
  • C/T/V  City
  • Unit #  
  • Directions  On Syene Visible From The Beltline And Hwy 14 So. Next To Grant Sign.
  • BUILDING DESCRIPTION  
  • Real estate for sale  Yes
  • Business for sale  No
  • For lease only  No
  • Ann. Rent/SqFt  $5
  • Total Units/Bldg  5
  • Building Gross SqFt  28,080
  • Net Leasable SqFt  28,080
  • Year Built  1968
  • Source for Year Built  Appr
  • Approx Bldg Dimen  120x180
  • Street Frontage  240
  • Parking Fees/Mo.  $0
  • Onsite Parking  75
  • # of Stories  2
  • Ceiling Height Min  9
  • Ceiling Height Max  16
  • Number of Loading Docks  1

  • Zoning  HC
  • Est. Total Acres  1.87
  • Source Of Est Acres  Appr
  • Lot Dimensions  240x340
  • Owner  
  • Tradename  
  • ASSESSMENT & TAXES  
  • Land Assessment  $405,200
  • Assessment Year  2020
  • Net Taxes  $14,298
  • Tax Year  2020
  • Improvements  $280,900
  • Total Assessment  $686,100
  • ANNUAL INCOME/EXPENSES  
  • Income/Expenses Year  $2,020
  • Gross Operating Income  $66,070
  • 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 Mod gross 2025 Yes $124,500 $5 $0 10,500
    2 Rent Roll 0 0 $0 $0 $0 0
    3 - 0 0 $0 $0 $0 0
    Items Included Leases, office furniture, break room appliances, flooring for area that needs remodeling
    Items Excluded  Tenant and Seller's personal property
    INTERIOR FEATURES  
  • Heating/Cooling  Central air, Forced air
  • Water/Waste  Municipal sewer, Municipal water
  • Basement  Slab/None
  • Fuel  Electric, Natural gas
  • Seating Capacity  
  • EXTERIOR FEATURES  
  • Type   Manufacturing, Office, Warehouse
  • Exterior Treatment  Brick
  • Building Parking  56 or more spaces, Onsite, Paved
  • Roofing  All flat, Rubber/membrane
  • Terms/Option  Lease back
  • Miscellaneous  
  • OTHER FEATURES  
  • Documents on File  Blue prints, Lease(s)
  • Location  Business district, Near Major Highway
  • Tenant Pays  Electric, Janitorial
  • Present Use  Manufacturing, Office, Warehouse
  • Licenses  None
  • Lease Type  Multiple years, Partial net
  • Occupied by  Owner, Tenant(s), Vacant
  • Sale Includes  Easements, Furniture, Lease(s)
  • Features  3 phase electric, 440+ volt, Loading dock(s), Overhead doors, Private Restrooms, Private office(s), Signage available



  • Above Information Deemed Reliable, But Not Guaranteed

    Listing Courtesy of Altus Commercial Real Estate, Inc.