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2430 E Washington Avenue,  Madison,  WI  53704 $2,600,000 Offer-No Show
2430 E Washington Avenue,  Madison,  WI  53704
$2,600,000
Offer-No Show
More Photos
 Property Type Business/Commercial
 Parcel # 0710-061-1920-2
 County Dane
 Sub Area E05
 Municipality Madison
 MLS# 1957558
 Listing Date 06/05/2023

MLS Public Remarks  Unique Redevelopment opportunity!! Great Mixed use Commercial and residential. Prime Location with all All 5 Parcels Included in the sale: 0710-061-1920-2, 0710-061-1921-0, 0710-061-1922-8, 0710-061-1924-4 #0710-061-1923-6 Addresses: 2430, 2434, 2450 East Washington Ave Madison WI 53704, 16th N 7th St Madison WI 53704, 10 N 7th st Madison Wi 53704 Properties are being sold as is for redevelopment purposes. Could add up to 6 stories and potentially 100 units per discussion with the city of Madison. 24 hour notice needed for showings. Could add up to 6 stories and potentially 100 units per discussion with the city of Madison. 24 hour notice needed for showings.
Documents and Related Links  
1) Comparable Sales for Developments
2) OM
3) Environmental Study
* 1 Documents Not Available via MLS
LOCATION  
  • Location  City
  • Other Marketing Area  
  • Mailing City  Madison
  • C/T/V  City
  • Unit #  
  • Directions  On East Washington Including Speedy Muffler
    • BUILDING DESCRIPTION  
  • Real estate for sale  Yes
  • Business for sale  No
  • For lease only  No
  • Ann. Rent/SqFt  $950
  • Total Units/Bldg  6
  • Building Gross SqFt  0
  • Net Leasable SqFt  0
  • Year Built  1922
  • Source for Year Built  PubR
  • Approx Bldg Dimen  0
  • Street Frontage  40
  • Parking Fees/Mo.  $0
  • Onsite Parking  yes
  • # of Stories  2
  • Ceiling Height Min  7
  • Ceiling Height Max  8
  • Number of Loading Docks  0
  • Zoning  TSS
  • Est. Total Acres  0.82
  • 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  $1,202,900
    • ANNUAL INCOME/EXPENSES  
  • Income/Expenses Year  $2,013
  • Gross Operating Income  $8,520
  • Annual Operating Exp  $2,772
  • 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 none n/a Yes $950 $950 $0 0
    2 m to m n/a No $750 $0 $0 680
    3 mo to mo 0 No $650 $0 $0 0
    Items Included All Appliance in units, stoves, refrigerators.
    Items Excluded 
    INTERIOR FEATURES  
  • Heating/Cooling  Radiant
  • Water/Waste  Municipal sewer, Municipal water
  • Basement  
  • Fuel  Natural gas
  • Seating Capacity  
    • EXTERIOR FEATURES  
  • Type   Apartment building, Office, Retail
  • Exterior Treatment  Other, Wood
  • Building Parking  11-20 spaces, Gravel, Paved
  • Roofing  Composition
  • Terms/Option  Exchange
  • Miscellaneous  
    • OTHER FEATURES  
  • Documents on File  
  • Location  Business district, Free standing, Near Major Highway, Residential area
  • Tenant Pays  N/A
  • Present Use  Apartment building, Office, Retail
  • Licenses  None
  • Lease Type  Month to month
  • Occupied by  Tenant(s), Vacant
  • Sale Includes  Lease(s), Signs
  • Features  Display window, Shared Restrooms, Signage available



    • Above Information Deemed Reliable, But Not Guaranteed

    Listing Courtesy of Keller Williams Realty