Madison, WI Real Estate & Commercial Properties for Sale

No showings until 4/19. This property provides a rare opportunity for an investor or developer. Each unit is spacious and includes private entry, private garage and finished basement. Buyer can opt to hold this as income property or may be able to potentially sell the units as individual condos. All units are individually metered and have been impeccably maintained w/many updates. See list of improvements. Lease end dates for additional units: 1232-7/24, 1236-5/24, 1240-7/24. 1248 owner-occupied. Units are considered to be identical floor plan and square footage is estimated at 2330 per unit. Monthly rent estimated at $1925 with room for increases based on market. Other units in the area are renting as high as $2,200. Square footage estimated and should be verified by buyer if essential.

Well maintained building perfect for a place of worship, daycare, school, etc. Ample well-lit parking lot w/88 parking spaces. Covered drive-up entrance where you step right into the main level which includes spacious & inviting entry, welcome desk area w/storage, large coat room, 2 bathrooms (one w/nursing mother's room), seating in main hall for approx. 150 people, stage, small meeting room/office, sound booth, & 2 storage closets. The lower-level includes 4 meeting rooms, 2 bathrooms, full kitchen, 2 large storage/maintenance rooms, ground-level exterior entry, and a 2 bedroom/1 bath apartment complete w/full kitchen, living/dining area, main bedroom w/walk-in closet & direct access to the parking lot. Free-standing 2 car garage. Easy access to Hwy 51 (Stoughton Rd).