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2609-2617 E Washington Ave
Madison, WI 53704
Redevelopment Opportunity · Land For Sale
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0.79 AC
INVESTMENT HIGHLIGHTS
- Located at the high visibility intersection of East Washington Avenue and Milwaukee Street in Madison, WI.
- Within close proximity to a brand-new bus stop, Dane County Regional Airport, Highway 30, and Interstates 39/94.
- Existing water and sewer laterals, along with complete curb and gutter infrastructure, further streamline development.
- Located within a TIF district and the Transit Oriented Development (TOD) Overlay District, the site offers exceptional connectivity.
- The property is well-suited for a mixed-use project featuring apartments and retail, with conceptual plans supporting 44 to 80 multifamily units.
- Strong traffic counts—44,100 AADT on East Washington Avenue and 10,700 AADT on Milwaukee Street.
EXECUTIVE SUMMARY
PROPERTY FACTS
| Sale Type | Investment | Property Subtype | Commercial |
| No. Lots | 1 | Proposed Use | |
| Property Type | Land | Total Lot Size | 0.79 AC |
| Zoning | RED - Urban Redevelopment Zoning | ||
| Sale Type | Investment |
| No. Lots | 1 |
| Property Type | Land |
| Property Subtype | Commercial |
| Proposed Use | |
| Total Lot Size | 0.79 AC |
| Zoning | RED - Urban Redevelopment Zoning |
1 LOT AVAILABLE
Lot
| Price | $3,945,296 CAD | Lot Size | 0.80 AC |
| Price Per AC | $4,947,632.18 CAD |
| Price | $3,945,296 CAD |
| Price Per AC | $4,947,632.18 CAD |
| Lot Size | 0.80 AC |
Development parcel on the hard corner of East Washington Avenue and Milwaukee Street with proposed use as apartments and retail.
DESCRIPTION
This premier redevelopment opportunity encompasses 2609 & 2617 E. Washington Avenue and 2628 Milwaukee Street—an ideally positioned 34,395-square-foot corner parcel at the high-visibility intersection of East Washington Avenue and Milwaukee Street in Madison, WI. Located within a TIF district and the Transit Oriented Development (TOD) Overlay District, the site offers exceptional connectivity, including proximity to a brand-new bus stop, Dane County Regional Airport, Highway 30, and Interstates 39/94. Zoned for urban redevelopment, the property is well-suited for a mixed-use project featuring apartments and retail, with conceptual plans supporting 44 to 80 multifamily units. Existing water and sewer laterals, along with complete curb and gutter infrastructure, further streamline development. With strong traffic counts—44,100 AADT on East Washington Avenue and 10,700 AADT on Milwaukee Street—this site combines accessibility, visibility, and growth potential. The offering is priced at $2,879,400 ($83.66 per sq. ft.).
PROPERTY TAXES
| Parcel Numbers | Improvements Assessment | $1,274,130 CAD | |
| Land Assessment | $352,821 CAD | Total Assessment | $1,626,952 CAD |
PROPERTY TAXES
