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1602 S Park St - S. Park St 1.4 Acres of Commercial Land Offered at $2,400,000 in Madison, WI 53715
Executive Summary
The property presents an excellent opportunity for redevelopment within the Park Street gateway to Downtown Madison. Major redevelopment has already occurred in the area, including healthcare (SSM & UW out-patient clinics), market rate and affordable apartments (The Sofia, Peleton Residences, Park Cedar Apartments), Class A office (The Hub), retail (future grocery store, new Starbucks) and community organizations (Centro Hispano, Center for Black Excellence). Available for $2.4M to $6M depending on what part of the site you purchase. Availability ranges from 1.4 to 3.27 acres.
Property Facts
1 Lot Available
Lot
| Price | $2,400,000 | Lot Size | 1.40 AC |
| Price Per AC | $1,714,285.71 |
| Price | $2,400,000 |
| Price Per AC | $1,714,285.71 |
| Lot Size | 1.40 AC |
Corner site - 1.4 acres for apartment building development. In a TIF district and zoning allows higher density.
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Moderately walkable
60/100
Exceptionally drivable
90/100
Some public transit
40/100
Very bikeable
80/100
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Photos
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Map
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Contact the Sale Advisor
1602 S Park St - S. Park St