Versatile Redevelopment or Reuse Opportunity This 1.2-acre property at 5264 Anton Drive presents an exceptional opportunity for redevelopment within Fitchburg’s Tax Increment District #17. The parcel is flat, mostly clear, and zoned G2 Commercial, making it ideal for mixed-use, residential, or commercial redevelopment projects aligned with the City’s Anton Drive Redevelopment Plan. Alternatively, the site features the existing Loxley Event Venue, which offers potential for adaptive reuse—perfect for launching a new business without the need for demolition. Whether you're looking to redevelop or repurpose, this high-visibility location—adjacent to Verona Road with over 50,000 vehicles per day—offers flexibility, exposure, and strong potential for value creation. Property Overview: * Address: 5264 Anton Drive, Fitchburg, WI * Size: 1.2 Acres | Flat, mostly clear parcel * Access: Frontage on Anton Dr and visibility from Verona Rd * Zoning: G2 Commercial * District: TIF 17 * Existing Structure: The Loxley Event Venue (can be demoed or reused) * Utilities: Municipal services available at site * Listing Price: $1.7 million (negotiable; motivated seller) * Location: High-visibility site with 50,000+ daily vehicles along Verona Road (US Hwy 18/151) Development Potential: * Situated within Fitchburg’s Anton Drive Redevelopment Plan * Eligible for potential TIF/TID incentives, subject to alignment with city land use objectives and a pro forma analysis by Ehlers, the City’s financial advisors * Ideal for mixed-use or commercial redevelopment projects Business Potential: 9,975 sqft indoor event space, 1,932 sqft outdoor patio, 1.2 acres, 85+ parking stalls, 60 foot bar. Building capacity 500+. Use permit 300. Building was renovated from a restaurant to fitness studio in 2015 including new furnaces, roof, sprinkler system, and security system. Has maintained electrical, plumbing, and venting systems to accommodate a commercial kitchen and could easily be converted back into a full service restaurant. Building was again renovated in 2024 as an event space and wedding venue including a bridal prep space, private groom space, catering kitchen, ceremony space, bar area, dinner and dance area, and capacity for 200-250 wedding guests. All event venue business FF&E can be included at buyers preference.