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1831 E Washington Ave
0.51 Acres of Commercial Land Offered at £1,889,709 in Madison, WI 53704
INVESTMENT HIGHLIGHTS
- Seller Inviting Competitive Offers for Consideration
- Excellent Visibility and High Traffic Location
- .51 Acres of Vacant Land Available With Future CMU Zoning!
- Ideal for Developers/Brokers Seeking Prime Madison Location
- CMU zoning allows for the construction of up to eight stories high building
- Located Directly On The East Washington Corridor to the Capital
EXECUTIVE SUMMARY
PROPERTY FACTS
| Price | £1,889,709 | Property Type | Land |
| Sale Type | Investment or Owner User | Property Subtype | Commercial |
| Sale Condition | Development Sale | Proposed Use | |
| No. Lots | 1 | Total Lot Size | 0.51 AC |
| Price | £1,889,709 |
| Sale Type | Investment or Owner User |
| Sale Condition | Development Sale |
| No. Lots | 1 |
| Property Type | Land |
| Property Subtype | Commercial |
| Proposed Use | |
| Total Lot Size | 0.51 AC |
1 LOT AVAILABLE
Lot
| Price | £1,889,709 | Lot Size | 0.51 AC |
| Price Per AC | £3,705,312.61 |
| Price | £1,889,709 |
| Price Per AC | £3,705,312.61 |
| Lot Size | 0.51 AC |
PRICE REDUCTION... .51 acres of land for sale on East Washington Ave, just 2.4 miles from the Capitol, conveniently located near public transportation, entertainment, award winning restaurants and close to beautiful lake Mendota and lake Monona.
DESCRIPTION
.51 acres of land for sale on East Washington Ave, conveniently located near public transportation. The property includes a vacant auto repair building that is currently zoned IL for light industrial use. The City Comprehensive Plan designates future land use as Community Mixed Use (CMU) with a minimum height of 3 stories and a maximum height of 8 stories, and the property has approved plans to develop within these guidelines. All underground remediation has been thoroughly completed and satisfied with the WI Dept of Commerce and is included in the DNR Geographic Information System Registry. Possible seller concessions are available per negotiations.
PROPERTY TAXES
| Parcel Number | 0710-072-0911-9 | Improvements Assessment | £195,913 |
| Land Assessment | £123,410 | Total Assessment | £319,322 |
PROPERTY TAXES
ZONING
| Zoning Code | IL (Industrial Light) |
| IL (Industrial Light) |
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1831 E Washington Ave
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