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401 N Blackhawk Ave,  Madison,  WI  53705 $920,000 Sold
401 N Blackhawk Ave,  Madison,  WI  53705
$920,000
Sold
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 Property Type Business/Commercial
 Parcel # 070920114025
 County Dane
 Sub Area W13
 Municipality Madison
 MLS# 1940124
 Listing Date 07/25/2022
 Sold Price $950,000
 Close Date 11/18/2022 12:00 AM

MLS Public Remarks  A very rare opportunity to purchase a tax-exempt church building in one of Madison's most desired westside neighborhoods, minutes from UW Hospitals, Hilldale Mall and to countless nearby restaurants, cafes, and shopping. Building is currently being used as a church, and is ready for another to move in. This is a great opportunity for a church/religious group, or a nonprofit, to take advantage of an already tax exempt building (buyer would have to still apply for tax exception after purchase). Building is also used part-time by two churches, but their leases can be terminated if buyer were to choose so. Note: listed square footage includes lower level space, and approx. size provided by Seller. Ceiling heights vary. All measurements shall be done by Buyer if important to Buyer.
LOCATION  
  • Location  City
  • Other Marketing Area  
  • Mailing City  Madison
  • C/T/V  City
  • Unit #  
  • Directions  Due South Of University Ave. Parking Lot Entry Is Via Eugenia Ave
    • BUILDING DESCRIPTION  
  • Real estate for sale  Yes
  • Business for sale  No
  • For lease only  No
  • Ann. Rent/SqFt  $0
  • Total Units/Bldg  1
  • Building Gross SqFt  9,400
  • Net Leasable SqFt  9,400
  • Year Built  999
  • Source for Year Built  Othr
  • Approx Bldg Dimen  999x999
  • Street Frontage  131
  • Parking Fees/Mo.  $0
  • Onsite Parking  yes
  • # of Stories  2
  • Ceiling Height Min  0
  • Ceiling Height Max  0
  • Number of Loading Docks  0
  • Zoning  TR-C1
  • Est. Total Acres  0.67
  • Source Of Est Acres  PubR
  • Lot Dimensions  
  • Owner  
  • Tradename  
    • ASSESSMENT & TAXES  
  • Land Assessment  $0
  • Assessment Year  2022
  • Net Taxes  $0
  • Tax Year  2022
  • Improvements  $0
  • Total Assessment  $0
    • 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 n/a n/a 0 $0 $0 $0 0
    2 - 0 0 $0 $0 $0 0
    3 - 0 0 $0 $0 $0 0
    Items Included existing church owned FF&E could be for sale
    Items Excluded  personal property
    INTERIOR FEATURES  
  • Heating/Cooling  Central air, Forced air
  • Water/Waste  Municipal water
  • Basement  Full
  • Fuel  Electric, Natural gas
  • Seating Capacity  
    • EXTERIOR FEATURES  
  • Type   Church, Office, School
  • Exterior Treatment  Brick, Vinyl
  • Building Parking  21-35 spaces
  • Roofing  Other
  • Terms/Option  
  • Miscellaneous  
    • OTHER FEATURES  
  • Documents on File  
  • Location  Residential area
  • Tenant Pays  N/A
  • Present Use  Grocery, Office, School
  • Licenses  
  • Lease Type  Other
  • Occupied by  
  • Sale Includes  N/A
  • Features  



    • Above Information Deemed Reliable, But Not Guaranteed

    Listing Courtesy of Plato Commercial Real Estate, Llc