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2118 Atwood Ave 3,018 SF 100% Leased Retail Building Madison, WI 53704 $437,000 ($144.80/SF)



Executive Summary
LOCATION!!!!! This memorable "Packer" building is Green & Gold and available for the first time in 46 years! The main level is a commercial space occupied by Talbot Gallery for $1,000/mo (1,105sqft main level & 712sqft basement). The 2nd floor is a 3 bed/1 bath apartment currently rented for only $1,800/mo (947sqft & entire 2nd floor). Both leases are verbal and month to month. The adjacent property owner has an easement to control the parking spaces in back and has first right of refusal on the sale. There is ample street parking and 10 public spaces across the street. This is an estate sale so please provide 48 hours for binding acceptance.
Property Facts Under Contract
Sale Type
Investment or Owner User
Property Type
Retail
Property Subtype
Storefront
Building Size
3,018 SF
Building Class
C
Year Built
1937
Price
$437,000
Price Per SF
$144.80
Percent Leased
100%
Building Height
2 Stories
Building FAR
0.40
Lot Size
0.17 AC
Zoning
TSS
Parking
9 Spaces (2.98 Spaces per 1,000 SF Leased)
Frontage
42’ on Atwood Ave
Walk Score®
Very Walkable (88)
Bike Score®
Biker's Paradise (96)
Nearby Major Retailers
Property Taxes
| Parcel Number | 0710-064-1207-8 | Improvements Assessment | $355,800 |
| Land Assessment | $40,000 | Total Assessment | $395,800 |
Property Taxes
Parcel Number
0710-064-1207-8
Land Assessment
$40,000
Improvements Assessment
$355,800
Total Assessment
$395,800
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2118 Atwood Ave
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