5430 Commercial Ave - Residential LAND FOR SALE


Madison, WI 53704- East Madison43,124 SF
$897,000 USD
608-212-4623
5430 Commercial Ave, Madison, WI for Sale
$897,000 USD
Residential LAND - FOR SALE
1/4
43,124 SF

5430 Commercial Ave
Madison, WI 53704
East Madison


HIGHLIGHTS

  • Shared well agreement with The Eagle Crest Bar
  • NMX zoning allows for up to 70 units per acre
  • Potential to construct a 4-story building with conditional use approval
  • Existing paved access from Commercial Ave

OVERVIEW

Future land use under the Northeast Area Plan to be Neighborhood Mixed Use (NMU) Proposed design concept features a 3-story building, 69 residential units, 1 street-facing retail space and 80 on-site parking stalls. Seller reserves the right to relocate farmhouse prior to closings at seller's cost and seller reserves the right to remove all interior and exterior from the farmhouse and barn structure prior to closing.

FOR SALE DETAILS

PRICE

$897,000 USD

PRICE/ACRE

$906,069/AC

PRICE/SF

$21 USD /SF

# OF LOTS

-

LAND DETAILS

PROPERTY TYPE

Land

PROPERTY SUBTYPE

Residential

LAND PROPOSED USE

Multi-Family

LAND ACRES

0.99 AC

LAND SF

43,124 SF

OFFSITE IMPROVEMENTS

Sewer, Water, Electricity, Gas, Streets, Cable

ZONING

SR-V1

APN/PARCEL ID

0810-344-1807-1

ASK ABOUT THIS PROPERTY

Michael HerlMadison Commercial Real Estate LLCMore Info
608-212-4623

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

Michael HerlMadison Commercial Real Estate LLCMore Info
608-212-4623

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