3539 E Washington Ave - Commercial LAND FOR SALE


Madison, WI 53704- Hawthorne87,338 SF
$1,600,000 USD
608-327-4004
3539 E Washington Ave, Madison, WI for Sale
$1,600,000 USD
Commercial LAND - FOR SALE
1/3
87,338 SF

3539 E Washington Ave
Madison, WI 53704
Hawthorne


HIGHLIGHTS

  • 2.01 acre parcel located on the gateway corner of East Washington Avenue and Highway 51/N. Stoughton Road.
  • Future land use is designated as low-medium density housing with 80-100 apartment units (pending municipal approvals).
  • Zoned CCT supporting redevelopment of older commercial corridors into denser, mixed-use areas.
  • Studies show the City of Madison needs to construct 10,000 housing units every five years to keep up with demand.
  • High Traffic counts on both E. Washington Ave and Highway 51/N. Stoughton Road.
  • Future DOT roadway improvements allow for multiple entry points.

OVERVIEW

3539–3559 E. Washington Avenue presents a compelling redevelopment opportunity on a prominent 2.01-acre gateway corner at East Washington Avenue and Highway 51/N. Stoughton Road in Madison, Wisconsin. Offered at a reduced sale price of $1,600,000, the site benefits from excellent visibility, strong traffic counts on both arterials, and future DOT roadway improvements that will allow for multiple points of access. The property is zoned CCT, supporting the City of Madison’s vision for transforming older commercial corridors into denser, mixed-use environments, and its future land use designation allows for low- to medium-density residential development of approximately 80–100 apartment units, subject to municipal approvals. With studies indicating Madison must deliver roughly 10,000 new housing units every five years to keep pace with demand, this site is well positioned to meet a critical market need. Additionally, the property is located near the East Towne Trade Area, providing convenient access to a wide range of national and regional retailers, further enhancing its appeal for residential redevelopment.

FOR SALE DETAILS

PRICE

$1,600,000 USD

PRICE/ACRE

$798,005/AC

PRICE/SF

$18 USD /SF

# OF LOTS

-

LAND DETAILS

PROPERTY TYPE

Land

PROPERTY SUBTYPE

Commercial

LAND PROPOSED USE

Commercial, Multi-Family

LAND ACRES

2 AC

LAND SF

87,338 SF

OFFSITE IMPROVEMENTS

-

ZONING

CCT

APN/PARCEL ID

0810-324-0204-2

ASK ABOUT THIS PROPERTY

Christopher EtmanczykLee & AssociatesMore Info
608-327-4004

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Christopher EtmanczykLee & AssociatesMore Info
608-327-4004

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