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3909 Northwestern Ave - Multifamily / Retail Development Site

2.7 Acres of Commercial Land Offered at £1,501,019 in Mount Pleasant, WI 53405

Investment Highlights

  • Business-friendly governance
  • Multifamily / Retail Zoning
  • Highly traveled thoroughfare

Executive Summary

Prime development opportunity featuring C-2 Zoning that provides flexibility for developing a multifamily complex, senior housing facility, hotel, or retail space. Will this suit your 1031 Exchange? Current buildings on the site are bringing in a monthly income of $ 3,300. This expansive 2.7+-acre property at 3909 Northwestern Avenue, is located in Mount Pleasant, a business-friendly governance with local and state incentives. This site is positioned on highly traveled and visible Hwy K thoroughfare and offers excellent connectivity and accessibility with just 5 miles from I-94 and 0.2 miles from Route 31. Take advantage of this exceptional development opportunity with seller financing and ground lease options considered! Contact us today to learn more!

Property Facts

Price £1,501,019
Sale Type Investment or Owner User
Sale Conditions Development Sale
No. Lots 1
Property Type Land
Property Subtype Commercial
Proposed Use
Retail
  • Mixed Use
  • Multifamily
  • Hospitality
Total Lot Size 2.70 AC

1 Lot Available

Lot

Price £1,501,019
Price Per AC £555,933
Lot Size 2.70 AC

Five Parcel Being Sold as One Package. Zoned to accommodate Mixed Use development.

Description

Prime development opportunity featuring C-2 Zoning that provides flexibility for developing a multifamily complex, senior housing facility, hotel, or retail space. Will this suit your 1031 Exchange? Current buildings on the site are bringing in a monthly income of $ 3,300. This expansive 2.7+-acre property at 3909 Northwestern Avenue, is located in Mount Pleasant, a business-friendly governance with local and state incentives. This site is positioned on highly traveled and visible Hwy K thoroughfare and offers excellent connectivity and accessibility with just 5 miles from I-94 and 0.2 miles from Route 31. Take advantage of this exceptional development opportunity with seller financing and ground lease options considered! Contact us today to learn more

PROPERTY TAXES

PROPERTY TAXES

Parcel Numbers
Multiple
  • 151-032306029000
  • 151-032306084000
  • 151-032306035000
Land Assessment
£56,098
Improvements Assessment
£22,013
Total Assessment
£78,111

zoning

Zoning Code C-2 (C-2: Moderate-Intensity Commercial The C-2 District accommodates moderate-intensity commercial, low-intensity manufacturing, and upper story resident.)
C-2 (C-2: Moderate-Intensity Commercial The C-2 District accommodates moderate-intensity commercial, low-intensity manufacturing, and upper story resident.)
  • Listing ID: 31240508

  • Date on Market: 16/03/2024

  • Last Updated:

  • Address: 3909 Northwestern Ave, Mount Pleasant, WI 53405

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