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Madison, WI 53704 1609 - 1617 N Stoughton Road
$2,900,000
0 more
Presented By: Plato Commercial Real Estate, LLC;
SQFT • 17,025
Year Built • 1947
Home Details
Great opportunity to purchase two parcels with 321 ft. of Stoughton Rd/Hwy 51 frontage for investment and future development. 1617 N. Stoughton Rd. is leased to two credible tenants (an established Madison restaurant and go-to spot, and a national medial center), and 1609 N. Stoughton Rd. currently has a local auto mechanic. CC-T zoning offers one of the best and diverse zoning categories that Madison has to offer. This is a very unique possibility and investment for sure. Please do not disturb tenants. Listed numbers and measurements do not represent actual numbers and measurements. Sale is for two parcels: 1609 & 1617 N. Stoughton Rd.; Parcel #s: 081033203035 and 081033203051
Presented By: Plato Commercial Real Estate, LLC;
Interior Features for 1609 - 1617 N Stoughton Road
Other Interior Features
BasementPartial
Ceiling Height Max0
Ceiling Height Min0
Heating/CoolingForced air, Central air, Other
Stories1
Total Number of Units3
General for 1609 - 1617 N Stoughton Road
CityMadison
ClassBusiness/Comm
CountyDane
County Qtr SectionEast Metro Madison
DOM17
DirectionsJust north of Hwy 151 and Hwy 51 (E. Washington and N. Stoughton Rd) intersection. Just south of Anderson St.
Expenses31122
FuelNatural gas
Gross Income232392
Lease TypeMixed lease types
LocationBusiness district
Net Income201270
Present UseRetail, Office, Restaurant/Supper Club, Automotive
Price Per Sq Ft Total AG170.34
RoofOther
StatusActive
Status Detail0
Tax Year2024
Tenant PaysHeat, Air Conditioning, Electric, Water, Sewer, Insurance, Janitorial, Trash Services
Year Built1947
ZoningCC-T
Exterior for 1609 - 1617 N Stoughton Road
ExteriorOther
Lot Size Area2.86
Street Frontage321
Water/WasteMunicipal water
Additional Details
Price History
Andy Crooks
Managing Broker/REALTOR®