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405 S Park St,  Madison,  WI  53715 $699,900 Expired
405 S Park St,  Madison,  WI  53715
$699,900
Expired
 Property Type Business/Commercial
 Parcel # 070923313020
 County Dane
 Sub Area W14
 Municipality Madison
 MLS# 1906852
 Listing Date 04/19/2021

MLS Public Remarks  2 parcel lot zoned TSS located at the intersection of S. Park St. and W. Washington Ave. right behind Lake Monona and a major bike path. 845 Vilas Ave is an abandoned utility building with driveway access from Vilas Ave. 405 S. Park St. is a 1,294 sq.ft. free standing commercial building (currently vacant) with onsite site parking and it has some additional income from the billboard with Adams Outdoor Advertising. Continue to lease or owner occupy with your business.
Documents and Related Links  
* 2 Documents Not Available via MLS
LOCATION  
  • Location  City
  • Other Marketing Area  
  • Mailing City  Madison
  • C/T/V  City
  • Unit #  
  • Directions  Corner Of S. Park St. & W. Washington Ave.
    • BUILDING DESCRIPTION  
  • Real estate for sale  Yes
  • Business for sale  No
  • For lease only  No
  • Ann. Rent/SqFt  $25,872
  • Total Units/Bldg  2
  • Building Gross SqFt  2,904
  • Net Leasable SqFt  1,294
  • Year Built  999
  • Source for Year Built  PubR
  • Approx Bldg Dimen  0x0
  • Street Frontage  0
  • Parking Fees/Mo.  $0
  • Onsite Parking  yes
  • # of Stories  1
  • Ceiling Height Min  0
  • Ceiling Height Max  0
  • Number of Loading Docks  0
  • Zoning  TSS
  • Est. Total Acres  0.22
  • Source Of Est Acres  PubR
  • Lot Dimensions  
  • Owner  
  • Tradename  
    • ASSESSMENT & TAXES  
  • Land Assessment  $125,000
  • Assessment Year  2020
  • Net Taxes  $11,300
  • Tax Year  2020
  • Improvements  $465,000
  • Total Assessment  $590,000
    • 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 VACANT VACANT 0 $2,156 $25,872 $0 1,294
    2 Billboard 09/30/2028 Yes $0 $9,600 $0 0
    3 Water Util VACANT 0 $0 $0 $0 0
    Items Included 
    Items Excluded 
    INTERIOR FEATURES  
  • Heating/Cooling  Central air, Forced air, Other
  • Water/Waste  Municipal sewer, Municipal water
  • Basement  Other foundation
  • Fuel  Natural gas
  • Seating Capacity  
    • EXTERIOR FEATURES  
  • Type   Other, Retail
  • Exterior Treatment  
  • Building Parking  Onsite
  • Roofing  Other
  • Terms/Option  
  • Miscellaneous  
    • OTHER FEATURES  
  • Documents on File  Lease(s)
  • Location  Free standing, Other
  • Tenant Pays  N/A
  • Present Use  Other, Retail
  • 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.