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2609 E Washington Ave
Madison, WI 53704
Land For Sale
·
0.49 AC
INVESTMENT HIGHLIGHTS
- Development parcel on the hard corner of East Washington Avenue and Milwaukee Street with great visibility.
- Located in the Transit Oriented Development Overlay District (TOD).
- Conveniently located near brand new bus stop.
- Accessible to Dane County Regional Airport, Highway 30 and Interstates 39/94.
EXECUTIVE SUMMARY
PROPERTY FACTS
| Sale Type | Investment | Property Subtype | Commercial |
| No. Lots | 1 | Proposed Use | |
| Property Type | Land | Total Lot Size | 0.49 AC |
| Zoning | Urban Redevelopment - Urban Redevelopment | ||
| Sale Type | Investment |
| No. Lots | 1 |
| Property Type | Land |
| Property Subtype | Commercial |
| Proposed Use | |
| Total Lot Size | 0.49 AC |
| Zoning | Urban Redevelopment - Urban Redevelopment |
1 LOT AVAILABLE
Lot
| Price | $2,199,393 CAD | Lot Size | 0.49 AC |
| Price Per AC | $4,501,022.85 CAD |
| Price | $2,199,393 CAD |
| Price Per AC | $4,501,022.85 CAD |
| Lot Size | 0.49 AC |
Development parcel on the hard corner of East Washington Avenue and Milwaukee Street.
DESCRIPTION
This prime development parcel sits on the hard corner of East Washington Avenue and Milwaukee Street, offering exceptional visibility and accessibility. Spanning 21,457 sq. ft. within a TIF district, the site is strategically located in an Urban Redevelopment Zoning area and falls under the Transit Oriented Development (TOD) Overlay District, making it ideal for mixed-use projects. The proposed plan includes 44 to 80 multi-family units complemented by retail space, perfectly suited for Madison’s growing demand for housing and amenities. Infrastructure advantages include existing water and sewer laterals, complete curb and gutters, and proximity to a brand-new bus stop, ensuring seamless connectivity. The property is easily accessible to Dane County Regional Airport, Highway 30, and Interstates 39/94, enhancing its appeal for residents and businesses alike. Offered at $1,595,000 ($74.34 per sq. ft.), this site represents a rare opportunity to capitalize on Madison’s urban growth and redevelopment initiatives.
PROPERTY TAXES
| Parcel Numbers | Improvements Assessment | $602,455 CAD | |
| Land Assessment | $257,170 CAD | Total Assessment | $859,625 CAD |
PROPERTY TAXES
