1617 N Stoughton Road Active Save Request In-Person Tour Request Virtual Tour
Madison,WI 53704
Key Details
Property Type Commercial
Sub Type Retail,Office,Restaurant/Supper Club,Tavern
Listing Status Active
Purchase Type For Sale
Square Footage 14,577 sqft
Price per Sqft $157
MLS Listing ID 2001737
Year Built 1947
Annual Tax Amount $20,280
Tax Year 2024
Lot Size 1.500 Acres
Property Sub-Type Retail,Office,Restaurant/Supper Club,Tavern
Property Description
8%+ Cap Rate. Great investment opportunity to purchase a commercial property on Madison's east side. 1617 N. Stoughton Rd. is leased to two credible tenants (a well-established, longtime Madison-area restaurant, and a national medical center). Long term for a future development, the current CC-T zoning offers one of the best and diverse zoning categories that Madison has to offer. This is a very unique investment with long term redevelopment possibilities.
Location
State WI
County Dane
Area Madison - C E08
Zoning CC-T
Interior
Heating Forced air,Central air,Other
Cooling Forced air,Central air,Other
Exterior
Parking Features 36-55 spaces
Roof Type Other
Building
Story 1
Water Municipal water
Structure Type Other