Madison, WI 53704,1617 N Stoughton Road
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Madison, WI 53704,1617 N Stoughton Road
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Listed by Kent Yan • Plato Commercial Real Estate, LLC
$ 2,122,100
Est. payment /mo
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1617 N Stoughton Road Madison, WI 53704

14,577 SqFt


UPDATED:

Key Details

Property Type Commercial

Listing Status Active

Purchase Type For Sale

Square Footage 14,577 sqft

Price per Sqft $145

Municipality MADISON

MLS Listing ID 2001737

Year Built 1947

Annual Tax Amount $20,280

Tax Year 2024

Lot Size 1.500 Acres

Acres 1.5

Property Description

9.0% 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

Zoning CC-T

Rooms

Basement Partial

Interior

Heating Natural Gas

Cooling Forced Air, Central Air, Other

Exterior

Roof Type Other

Building

Story 1

Sewer Municipal Water

New Construction N


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1617 N Stoughton Road

Alexander Dempsey

Alexander Dempsey

Owner, northernwi.realestate, LLC

+1(715) 203-4704

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