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2725 E Johnson St,  Madison,  WI  53704 $395,000 Sold
2725 E Johnson St,  Madison,  WI  53704
$395,000
Sold
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 Property Type Business/Commercial
 Parcel # 0710-061-2501-9
 County Dane
 Sub Area E05
 Municipality Madison
 MLS# 1921053
 Listing Date 09/28/2021
 Sold Price $126,000
 Close Date 03/01/2022 12:00 AM

MLS Public Remarks  Per seller, no showings until further notice. Mixed use building in fantastic location for sale for the first time in 31 years. Two apartments upstairs bring in some nice cash flow. The apartment leases expire late summer 2022. Ground level salon has been a neighborhood fixture for a generation. Current owners/stylists are willing to discuss terms if buyer wishes to lease back the commercial space. Or bring your own business idea into this vibrant neighborhood. Many permitted uses, including office, and several retail options. Great visibility along E. Johnson Street.
Documents and Related Links  
1) Addendum S
2) Floor Plan
* 3 Documents Not Available via MLS
LOCATION  
  • Location  City
  • Other Marketing Area  
  • Mailing City  Madison
  • C/T/V  City
  • Unit #  
  • Directions  East Washington To North On Pawling To Johnson. There Is Some Road Work Being Done On E Johnson
    • 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  2,640
  • Net Leasable SqFt  2,497
  • Year Built  1949
  • Source for Year Built  PubR
  • Approx Bldg Dimen  1x1
  • Street Frontage  38
  • Parking Fees/Mo.  $0
  • Onsite Parking  yes
  • # of Stories  2
  • Ceiling Height Min  1
  • Ceiling Height Max  1
  • Number of Loading Docks  0
  • Zoning  CC-T
  • Est. Total Acres  0.08
  • Source Of Est Acres  PubR
  • Lot Dimensions  
  • Owner  
  • Tradename  
    • ASSESSMENT & TAXES  
  • Land Assessment  $20,000
  • Assessment Year  2021
  • Net Taxes  $5,471
  • Tax Year  2020
  • Improvements  $239,000
  • Total Assessment  $259,000
    • 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 modified 9/30/22 0 $8,700 $0 $0 0
    2 modified 8/31/22 0 $9,240 $0 $0 0
    3 none owner occ 0 $0 $0 $0 0
    Items Included 2 window air conditioners, 2 stoves, 2 refrigerators
    Items Excluded  Stylist chairs and hairdryers used for salon, washer, dryer, seller's person property, tenant's personal property
    INTERIOR FEATURES  
  • Heating/Cooling  Central air, Forced air, Window AC
  • Water/Waste  Municipal sewer, Municipal water
  • Basement  Slab/None
  • Fuel  Natural gas
  • Seating Capacity  
    • EXTERIOR FEATURES  
  • Type   Apartment building, Beauty/barber, Office, Retail, Service
  • Exterior Treatment  Block
  • Building Parking  1-5 spaces
  • Roofing  All flat, Tar & gravel
  • Terms/Option  
  • Miscellaneous  
    • OTHER FEATURES  
  • Documents on File  Lease(s)
  • Location  Corner, Free standing, Near Major Highway, Near public transportatn, Residential area
  • Tenant Pays  Air Conditioning, Electric, Heat
  • Present Use  Apartment building, Beauty/barber shop
  • Licenses  
  • Lease Type  Annual
  • Occupied by  Owner, Tenant(s)
  • Sale Includes  Lease(s)
  • Features  Display window, Private Restrooms, Residential unit(s)



    • Above Information Deemed Reliable, But Not Guaranteed

    Listing Courtesy of First Weber Inc