5264 Verona Rd - Restaurant FOR SALE


Madison, WI 53711
$2,000,000 USD
608-572-8889
5264 Verona Rd, Madison, WI for Sale
$2,000,000 USD
Restaurant - FOR SALE
1/54
null | Request Cap Rate

5264 Verona Rd
Madison, WI 53711


HIGHLIGHTS

  • Highway Visibility with 50,000+ Daily Traffic Count
  • Two High-Efficiency Furnaces and Dehumidifier
  • Ample Parking with Lots of Direct Sunlight
  • Located within the city TID/TIF district
  • New Roof and Warranty
  • Recent Build-Out by Supreme Structures

OVERVIEW

This property was recently remodeled and operated as a high intensity training center and event space. Two high temperature furnaces were installed along with a new dehumidifier unit. The roof was replaced and is still under warranty. The entire building is fully sprinkler protected. The building was built out by Supreme Structures of Madison in 2015 and a floor plan is included in the documents. The property is located in a high visibility location with a daily traffic count of 50,000+ vehicles. Ample parking space for events and could easily be converted into a restaurant. The city has included the parcel in a TID/TIF district (documents can be provided per request). The space is also available for lease. Business not included in purchase. Prominent location with plenty of opportunity to expand or design build.

FOR SALE DETAILS

PRICE

$2,000,000 USD

PRICE/SF

$210 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Single

SALE TYPE

Owner User

BUILDING DETAILS

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Restaurant

ADD'L SUBTYPES

Bar, Day Care Center, Health Club

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1972

SPRINKLERS

-

PARKING SPACES

85

LAND DETAILS

LAND ACRES

1.23 AC

LAND SF

53,579 SF

ZONING

BG

APN/PARCEL ID

0609-064-2702-1

ASK ABOUT THIS PROPERTY

Guntis DredzelsLannon Stone Realty LLCMore Info
608-572-8889

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Guntis DredzelsLannon Stone Realty LLCMore Info
608-572-8889

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