2501 East Springs Dr - Auto Dealership FOR SALE


Madison, WI 53704- East Madison
$3,500,000 USD
608-347-5525
2501 East Springs Dr, Madison, WI for Sale
$3,500,000 USD
Auto Dealership - FOR SALE
1/25
null | Request Cap Rate

2501 East Springs Dr
Madison, WI 53704
East Madison


HIGHLIGHTS

  • Central location with daily traffic count over 17,000.
  • Sale includes two parcels, retail space and surrounding parking lots.
  • Garage space includes 5 overhead doors measuring 10'x10'.

OVERVIEW

A unique 3.26-acre property positioned in a Commercial Corridor -- Transitional (CCT) zone, with the potential for various uses. Formerly an automotive center, this site now opens the door to innovative development opportunities, offering flexibility to suit diverse community needs. Endless Development Options: With CCT zoning, this site is suitable for a variety of development possibilities, including: Residential: Develop multi-unit housing (5--36+ units), townhomes, or single-family homes, or scale up to 60+ unit mixed-use buildings. Medical Facilities: Perfect for outpatient centers, clinics, or wellness facilities. Retail Sales & Services: A great fit for retail spaces, from boutique shops to essential services. Parking, Storage, and Display Facilities: Ideal for businesses needing secure, accessible storage and display. Transportation & Civic: Great potential for transit-oriented developments or civic institutions. Live-Work Units: Seamlessly integrate residential with workspace for modern urban professionals. This property's size, existing infrastructure, and flexible zoning make it the perfect foundation for a vibrant development that meets the community's evolving needs. Let's discuss how this site can be the launchpad for your next impactful project.This property is more than just a location---it is an opportunity waiting to be seized, ideal for launching or expanding an automotive business. Just half a mile from I-90 and Highway 151, a prime commercial property is ready for a new chapter.

FOR SALE DETAILS

PRICE

$3,500,000 USD

PRICE/SF

$670 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Single

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY NAME

Car Dealership

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Auto Dealership

ADD'L SUBTYPES

Auto Repair, Freestanding, Storefront

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

2014

SPRINKLERS

-

PARKING SPACES

205

LAND DETAILS

LAND ACRES

3.26 AC

LAND SF

141,808 SF

ZONING

CCT, G2

APN/PARCEL ID

0810-272-0404-9,0810-272-0405-7

ASK ABOUT THIS PROPERTY

Katie LichtieNexthome MetroMore Info
608-347-5525

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Katie LichtieNexthome MetroMore Info
608-347-5525

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