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Faits saillants de l'investissement
- 2.01 acre parcel located on the gateway corner of East Washington Avenue and Highway 51/N. Stoughton Road.
- Zoned CCT supporting redevelopment of older commercial corridors into denser, mixed-use areas.
- High Traffic counts on both E. Washington Ave and Highway 51/N. Stoughton Road.
- Future land use is designated as low-medium density housing with 80-100 apartment units (pending municipal approvals).
- Studies show the City of Madison needs to construct 10,000 housing units every five years to keep up with demand.
- Future DOT roadway improvements allow for multiple entry points.
Résumé de l'annonce
3539–3559 E. Washington Avenue presents a compelling redevelopment opportunity on a prominent 2.01-acre gateway corner at East Washington Avenue and Highway 51/N. Stoughton Road in Madison, Wisconsin. Offered at a reduced sale price of $1,600,000, the site benefits from excellent visibility, strong traffic counts on both arterials, and future DOT roadway improvements that will allow for multiple points of access. The property is zoned CCT, supporting the City of Madison’s vision for transforming older commercial corridors into denser, mixed-use environments, and its future land use designation allows for low- to medium-density residential development of approximately 80–100 apartment units, subject to municipal approvals. With studies indicating Madison must deliver roughly 10,000 new housing units every five years to keep pace with demand, this site is well positioned to meet a critical market need. Additionally, the property is located near the East Towne Trade Area, providing convenient access to a wide range of national and regional retailers, further enhancing its appeal for residential redevelopment.
Faits sur la propriété
1 Lot disponible
Lot
| Prix | 2 180 704 $ CAD | Taille du lot | 2,01 AC |
| Prix par AC | 1 087 632,88 $ CAD |
| Prix | 2 180 704 $ CAD |
| Prix par AC | 1 087 632,88 $ CAD |
| Taille du lot | 2,01 AC |
1 1
Bike Score®
Très cyclable (71)
Impôts fonciers
| Numéro de lot | 0810-324-0204-2 | Évaluation des bâtiments | 795 243 $ CAD |
| Évaluation du terrain | 427 821 $ CAD | Évaluation totale | 1 223 064 $ CAD |
Impôts fonciers
Numéro de lot
0810-324-0204-2
Évaluation du terrain
427 821 $ CAD
Évaluation des bâtiments
795 243 $ CAD
Évaluation totale
1 223 064 $ CAD
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Vidéos
Visite extérieure 3D Matterport
Visite 3D Matterport
Photos
Vue depuis la rue
Rue
Carte
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Présenté par
3539 E Washington Ave
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