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2603 E Washington Ave
Madison, WI 53704
Terrain À vendre
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0,36 AC
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Faits saillants de l'investissement
- Development parcel located at the prominent corner of East Washington Avenue and Milwaukee Street.
- Zoned for urban redevelopment and included in the Transit Oriented Development (TOD) Overlay District.
- High visibility location with East Washington Avenue carrying 44,100 average daily traffic and Milwaukee Street at 10,700 AADT.
- Positioned within a Tax Increment Financing (TIF) district to support potential economic incentives.
- Excellent accessibility to Dane County Regional Airport, Highway 30, and Interstates 39/94.
- Near a new bus stop and close to Nexus at Union Corners, retail, and surrounding residential neighborhoods.
Résumé de l'annonce
Faits sur la propriété
| Type de vente | Investissement | Type de propriété | Terrain |
| Condition de vente | Projet de redéveloppement | Sous-type de propriété | Terrain commercial |
| Nombre de lots | 1 | Taille totale du lot | 0,36 AC |
| Zonage | Urban Redevelopment - Urban Redevelopment | ||
| Type de vente | Investissement |
| Condition de vente | Projet de redéveloppement |
| Nombre de lots | 1 |
| Type de propriété | Terrain |
| Sous-type de propriété | Terrain commercial |
| Taille totale du lot | 0,36 AC |
| Zonage | Urban Redevelopment - Urban Redevelopment |
1 Lot disponible
Lot
| Prix | 1 831 037 $ CAD | Taille du lot | 0,36 AC |
| Prix par AC | 5 023 296,89 $ CAD |
| Prix | 1 831 037 $ CAD |
| Prix par AC | 5 023 296,89 $ CAD |
| Taille du lot | 0,36 AC |
A 15,878-square-foot redevelopment parcel located at the hard corner of East Washington Avenue and Milwaukee Street within Madison’s Transit Oriented Development Overlay District.
Description
This redevelopment opportunity is positioned at 2603 East Washington Avenue in Madison, Wisconsin, at the prominent intersection with Milwaukee Street. The parcel spans approximately 15,878 square feet and is situated within a Tax Increment Financing (TIF) district, creating potential economic incentives for future development. Zoned for urban redevelopment and located in the Transit Oriented Development (TOD) Overlay District, the site offers exceptional accessibility and design flexibility to complement the surrounding neighborhood context. The property sits near a newly established bus stop, enhancing connectivity and supporting high visibility along East Washington Avenue, which sees approximately 44,100 average daily traffic (ADT), and Milwaukee Street, with an ADT of 10,700. Water and sewer laterals are already in place, reducing infrastructure challenges for future construction. The neighborhood surrounds include dense residential areas, retail services, and the Nexus at Union Corners mixed-use development, fostering strong built-in demand for commercial and residential projects. With excellent proximity to Dane County Regional Airport, Highway 30, and Interstates 39/94, this site offers superb regional connectivity. The surrounding trade area benefits from a strong population base and high household income, making this an attractive investment prospect for developers looking to capitalize on Madison’s continued growth. Offered at $1,300,000, this site presents a rare opportunity to unlock value in a thriving corridor with long-term redevelopment potential.
Impôts fonciers
| Numéro de lot | 0710-061-3017-5 | Évaluation des bâtiments | 305 422 $ CAD |
| Évaluation du terrain | 202 525 $ CAD | Évaluation totale | 507 948 $ CAD |
Impôts fonciers
