Contact Bunbury at 1-877-233-7356 or
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 Property Type Business/Commercial
 Parcel # 070932310033
 County Dane
 Sub Area W10
 Municipality Madison
 MLS# 1947095
 Listing Date 11/21/2022
 Sold Price $825,000
 Close Date 04/11/2023 12:00 AM

MLS Public Remarks  8,400 sq.ft. multi-tenant retail shopping center built in 1990 located just off Verona Rd and W. Beltline Hwy on Madison's west side across from Home Depot. Ample parking onsite, parking asphalt was redone this past summer, new roof in 2017, 4 commercial tenants, high traffic, and located near many major retailers including Discount Tire, Auto Zone, Harbor Freight Tools, U-Haul & LL Flooring. Fully leased with an annual gross income of $120,399.
Documents and Related Links  
1) RECR
* 6 Documents Not Available via MLS
LOCATION  
  • Location  City
  • Other Marketing Area  
  • Mailing City  Madison
  • C/T/V  City
  • Unit #  
  • Directions  W. Beltline Hwy To Verona Rd.
  • BUILDING DESCRIPTION  
  • Real estate for sale  Yes
  • Business for sale  No
  • For lease only  No
  • Ann. Rent/SqFt  $0
  • Total Units/Bldg  4
  • Building Gross SqFt  8,400
  • Net Leasable SqFt  8,400
  • Year Built  1990
  • Source for Year Built  PubR
  • Approx Bldg Dimen  0
  • Street Frontage  0
  • Parking Fees/Mo.  $0
  • Onsite Parking  yes
  • # of Stories  1
  • Ceiling Height Min  8
  • Ceiling Height Max  16
  • Number of Loading Docks  0

  • Zoning  CC
  • Est. Total Acres  0.61
  • Source Of Est Acres  PubR
  • Lot Dimensions  
  • Owner  
  • Tradename  
  • ASSESSMENT & TAXES  
  • Land Assessment  $190,000
  • Assessment Year  2022
  • Net Taxes  $14,812
  • Tax Year  2021
  • Improvements  $572,000
  • Total Assessment  $762,000
  • ANNUAL INCOME/EXPENSES  
  • Income/Expenses Year  $2,022
  • Gross Operating Income  $120,399
  • 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 4 Tenants See Leases 0 $120,399 $0 $0 8,400
    2 - 0 0 $0 $0 $0 0
    3 - 0 0 $0 $0 $0 0
    Items Included 
    Items Excluded  tenants personal property.
    INTERIOR FEATURES  
  • Heating/Cooling  Forced air
  • Water/Waste  Municipal sewer, Municipal water
  • Basement  Slab/None
  • Fuel  Natural gas
  • Seating Capacity  
  • EXTERIOR FEATURES  
  • Type   Retail
  • Exterior Treatment  Brick
  • Building Parking  Onsite, Paved
  • Roofing  All flat
  • Terms/Option  
  • Miscellaneous  
  • OTHER FEATURES  
  • Documents on File  Lease(s), P & L statement, Property Condition Report
  • Location  Near Major Highway, Shopping center
  • Tenant Pays  Electric, Heat
  • Present Use  Office, Other, Retail, Shopping center/StripMall
  • Licenses  
  • Lease Type  Annual, Gross, Mixed lease types, Multiple years
  • Occupied by  Tenant(s)
  • Sale Includes  Lease(s)
  • Features  Display window, Private Restrooms



  • Above Information Deemed Reliable, But Not Guaranteed

    Listing Courtesy of Madison Property Management, Inc.