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3600 Marsh Rd,  Madison,  WI  53718 $1,435,000 Sold
3600 Marsh Rd,  Madison,  WI  53718
$1,435,000
Sold
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 Property Type Business/Commercial
 Parcel # 0710-271-0101-4
 County Dane
 Sub Area E12
 Municipality Madison
 MLS# 1913559
 Listing Date 07/02/2021
 Sold Price $1,400,000
 Close Date 07/12/2022 12:00 AM

MLS Public Remarks  Great Investment opportunity with Hwy 12 (Beltline) frontage close to the I-39/90 & Hwy 12/18 interchange. The property is comprised of 2 industrial buildings with a total of 12.040 square feet fully occupied. Additional income is generated from a billboard lease. Seller occupies 1,280 sf and could make this space available for an owner occupant or will continue to lease. PLEASE NOTE: Second building was built in 2021 and is not reflected in the parcel assessment and tax information.
Documents and Related Links  
1) 3600 Marsh Rd Offering Memorandum
LOCATION  
  • Location  City
  • Other Marketing Area  
  • Mailing City  Madison
  • C/T/V  City
  • Unit #  
  • Directions  Https://Goo.gl/Maps/Iu3hgtgnx9qwneoaa
    • BUILDING DESCRIPTION  
  • Real estate for sale  Yes
  • Business for sale  No
  • For lease only  No
  • Ann. Rent/SqFt  $0
  • Total Units/Bldg  8
  • Building Gross SqFt  12,040
  • Net Leasable SqFt  12,040
  • Year Built  2000
  • Source for Year Built  Appr
  • Approx Bldg Dimen  0
  • Street Frontage  310
  • Parking Fees/Mo.  $0
  • Onsite Parking  Yes
  • # of Stories  1
  • Ceiling Height Min  13
  • Ceiling Height Max  23
  • Number of Loading Docks  8
  • Zoning  IL
  • Est. Total Acres  1.05
  • Source Of Est Acres  Appr
  • Lot Dimensions  
  • Owner  
  • Tradename  
    • ASSESSMENT & TAXES  
  • Land Assessment  $100,000
  • Assessment Year  2021
  • Net Taxes  $8,166
  • Tax Year  2020
  • Improvements  $390,000
  • Total Assessment  $490,000
    • ANNUAL INCOME/EXPENSES  
  • Income/Expenses Year  $2,020
  • Gross Operating Income  $129,110
  • Annual Operating Exp  $30,205
  • Net Operating Income  $98,905
    • UNIT INFORMATION  
    Unit Lease Type Lease Exp. Date Renewal Option Base Annual Rent Annual Rent/SqFt Other Fees/SqFt Gross SqFt
    1 N/A 0 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  Forced air, Radiant
  • Water/Waste  Municipal water
  • Basement  
  • Fuel  N/A
  • Seating Capacity  
    • EXTERIOR FEATURES  
  • Type   Industrial, Self storage, Warehouse
  • Exterior Treatment  Steel
  • Building Parking  Onsite
  • Roofing  Metal
  • Terms/Option  
  • Miscellaneous  
    • OTHER FEATURES  
  • Documents on File  
  • Location  Free standing
  • Tenant Pays  N/A
  • Present Use  Self storage, Warehouse
  • Licenses  
  • Lease Type  Other
  • Occupied by  
  • Sale Includes  Lease(s)
  • Features  



    • Above Information Deemed Reliable, But Not Guaranteed

    Listing Courtesy of Key Commercial Real Estate, Llc