3415 Parmenter St - Auto Dealership FOR SALE


Middleton, WI 53562- Northside
$2,450,000 USD
608-347-5525
3415 Parmenter St, Middleton, WI for Sale
$2,450,000 USD
Auto Dealership - FOR SALE
1/17
null | Request Cap Rate

3415 Parmenter St
Middleton, WI 53562
Northside


OVERVIEW

Prime redevelopment opportunity in Middleton along the Parmenter Street corridor. 1.107± acre high-visibility corner lot at Parmenter St & Century Ave located within Tax Increment Financing (TIF) District #5. Zoned Mixed-Use Avenue (MU-A) with Future Land Use designated Urban Mixed Use, supporting higher-density residential mixed-use development. City guidance indicates a mixed-use building with approximately 33% ground floor commercial component at this corner location. Existing building and site improvements allow immediate planning, feasibility, and entitlement work while redevelopment is pursued. Strong frontage, access, and proximity to major commuter routes, employment centers, and west Madison retail amenities. TIF assistance may be available for eligible project costs subject to City approval and development agreement. Ideal for multifamily, mixed-use rental, or condominium development. Buyer responsible for all due diligence, zoning verification, and municipal approvals.

FOR SALE DETAILS

PRICE

$2,450,000 USD

PRICE/SF

$613 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Single

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Auto Dealership

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1977

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

1.11 AC

LAND SF

48,352 SF

ZONING

Commercial

APN/PARCEL ID

0708-021-9430-7

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 Notice.