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2508 S Stoughton Road,  Madison,  WI  53716 $550,000 Sold
2508 S Stoughton Road,  Madison,  WI  53716
$550,000
Sold
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 Property Type Business/Commercial
 Parcel # 071021103199
 County Dane
 Sub Area E13
 Municipality Madison
 MLS# 1957384
 Listing Date 06/07/2023
 Sold Price $475,000
 Close Date 08/31/2023 12:00 AM

MLS Public Remarks  Amazing opportunity in one of Madison's most prolific commercial corridors!! In the CC-T zoning district, the allowable business opportunities are almost endless. Close to 4000 useable square feet with 2 bay doors, 2 offices, 3 phase power, 2baths and huge open areas including 2 gigantic bays and ample parking on site. This is a rare investment offering that will not last long.
Documents and Related Links  
1) CC-T Zoning
* 1 Documents Not Available via MLS
LOCATION  
  • Location  City
  • Other Marketing Area  
  • Mailing City  Madison
  • C/T/V  City
  • Unit #  
  • Directions  West Of Hwy 51 On Pflaum Rd To East On S Stoughton Rd Service Rd.
    • BUILDING DESCRIPTION  
  • Real estate for sale  Yes
  • Business for sale  No
  • For lease only  No
  • Ann. Rent/SqFt  $2
  • Total Units/Bldg  1
  • Building Gross SqFt  3,866
  • Net Leasable SqFt  3,866
  • Year Built  1958
  • Source for Year Built  PubR
  • Approx Bldg Dimen  40x100
  • Street Frontage  89
  • Parking Fees/Mo.  $0
  • Onsite Parking  yes
  • # of Stories  1
  • Ceiling Height Min  9
  • Ceiling Height Max  20
  • Number of Loading Docks  0
  • Zoning  CC-T
  • Est. Total Acres  0.44
  • Source Of Est Acres  PubR
  • Lot Dimensions  89X216
  • Owner  
  • Tradename  
    • ASSESSMENT & TAXES  
  • Land Assessment  $127,000
  • Assessment Year  2022
  • Net Taxes  $10,229
  • Tax Year  2022
  • Improvements  $382,100
  • Total Assessment  $509,100
    • ANNUAL INCOME/EXPENSES  
  • Income/Expenses Year  $28,500
  • Gross Operating Income  $28,500
  • Annual Operating Exp  $0
  • Net Operating Income  $28,500
    • UNIT INFORMATION  
    Unit Lease Type Lease Exp. Date Renewal Option Base Annual Rent Annual Rent/SqFt Other Fees/SqFt Gross SqFt
    1 gross monthly Yes $2,375 $2 $0 3,688
    2 - 0 0 $0 $0 $0 0
    3 - 0 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  
  • Fuel  Natural gas
  • Seating Capacity  
    • EXTERIOR FEATURES  
  • Type   Apartment building, Automotive, Beauty/barber, Church, Day care, Grocery, Manufacturing, Motel/Hotel/Bed & Brkfst, Office, Other, Recreation, Restaurant/Supper Club, Retail, School, Service, Shopping center/StripMall, Tavern, Warehouse, Wholesale
  • Exterior Treatment  Block
  • Building Parking  21-35 spaces
  • Roofing  Rubber/membrane
  • Terms/Option  
  • Miscellaneous  
    • OTHER FEATURES  
  • Documents on File  Lease(s)
  • Location  Business district, Free standing, Near Major Highway, Near public transportatn
  • Tenant Pays  Air Conditioning, Electric, Heat, Water
  • Present Use  Industrial, Office
  • Licenses  
  • Lease Type  Gross, Month to month
  • Occupied by  Tenant(s)
  • Sale Includes  Lease(s)
  • Features  Overhead doors, Private Restrooms, Private office(s), Public rest rooms, Reception area



    • Above Information Deemed Reliable, But Not Guaranteed

    Listing Courtesy of Net More Realty