1401-1431 Northern Ct - Retail FOR SALE


Madison, WI 53703
$2,999,000 USD
608-345-1296
1401-1431 Northern Ct, Madison, WI for Sale
$2,999,000 USD
Retail - FOR SALE
1/41
null | 6.6% Cap Rate

1401-1431 Northern Ct
Madison, WI 53703


HIGHLIGHTS

  • Building is currently occupied with three existing tenants!
  • Recently renovated in 2018.

OVERVIEW

This 12,326 SF retail building with 3 units was built in 1951 and completely renovated in 2016-2017 including a new roof, drive accesses, parking, mechanicals, and interior buildouts for the three current tenants: Stateline Distillery (6,500 SF), Imaginary Factory (2,376 SF), and Creative Energy Designs (3,450 SF). With a TE zoning in the thriving Madison area, this property presents an ideal proposition for those seeking a well-located and fully occupied retail investment.

FOR SALE DETAILS

PRICE

$2,999,000 USD

PRICE/SF

$240 USD /SF

CAP RATE

6.6%

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Retail

ADD'L SUBTYPES

Storefront

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1966

SPRINKLERS

-

PARKING SPACES

21

LAND DETAILS

LAND ACRES

0.34 AC

LAND SF

14,810 SF

ZONING

TE

APN/PARCEL ID

0710-072-1218-8,0710-072-1219-6

ASK ABOUT THIS PROPERTY

William ButcherConrad Development LLCMore Info
608-345-1296

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William ButcherConrad Development LLCMore Info
608-345-1296

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.