2180 Pennsylvania Ave - Showroom FOR SALE


Madison, WI 53704
$4,250,000 USD
608-332-6561
2180 Pennsylvania Ave, Madison, WI for Sale
$4,250,000 USD
Showroom - FOR SALE
1/15
null | Request Cap Rate

2180 Pennsylvania Ave
Madison, WI 53704


OVERVIEW

Fleet Operations Center; Pre-engineered steel building with concrete components. 2009 vintage with re-use of a portion of a pre-existing (~1963) building. Excellent overall condition commensurate with the age. Approximately 28-32’ clear height for the shop with three drive thru bays and a wash bay, plus a storage wing with 22’ eaves, drive-thru bay with two large overhead doors, and recessed dock. All standard utilities are available: water, sewer, gas, and electric; street improvements including concrete street surface, concrete curb and gutter, and concrete sidewalk which blends with the paving in front of the building. New fiber optic line will need to be brought in from the street after closing. The subject has the benefit of an easement over Outlot “A” of the Madison Square-Riley Plat which is a land strip located between the railroad and the rear lot boundary. According to Document 1178125 dated February 8, 1967, the easement is a right of way for vehicles and pedestrians with full right to construct and maintain a roadway. This right of way is granted for the purposes of travel only and does not include the right to park or stand vehicles thereon. This easement is also for the construction, operation, and maintenance of underground utilities.

FOR SALE DETAILS

PRICE

$4,250,000 USD

PRICE/SF

$115 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Single

SALE TYPE

Owner User

BUILDING DETAILS

PROPERTY TYPE

Flex

PROPERTY SUBTYPE

Showroom

ADD'L SUBTYPES

Distribution, Manufacturing, Light Distribution

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1963

UTILITIES

Lighting, Gas, Water, Sewer

CLEAR CEILING HT

32 Ft

DOCKS

1

DRIVE INS

10

PARKING SPACES

17

LAND DETAILS

LAND ACRES

2

LAND SF

87,011

ZONING

Industrial Limited (IL)

APN/PARCEL ID

0710-062-1601-6

ASK ABOUT THIS PROPERTY

Chase BriemanCBRE, Inc.More Info
608-332-6561

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Chase BriemanCBRE, Inc.More Info
608-332-6561

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