Share This Listing

Message

941 characters remaining

Hmm, there seems to have been an error sending your message. Please try again.

Your email has been sent.

Still interested?

Contact the broker for more information about this property

Car Dealership 2501 East Springs Dr 5,221 SF Retail Building Madison, WI 53704 $2,999,500 ($574.51/SF)

Save this listing!

Favorite this listing to get notified of price updates, new media and more

INVESTMENT HIGHLIGHTS

  • Central location with daily traffic count over 17,000.
  • Garage space includes 5 overhead doors measuring 10'x10'.
  • Sale includes two parcels, retail space and surrounding parking lots.

EXECUTIVE SUMMARY

A unique 3.26-acre property positioned in a Commercial Corridor -- Transitional (CCT) zone, with the potential for various uses. Formerly an automotive center, this site now opens the door to innovative development opportunities, offering flexibility to suit diverse community needs. Endless Development Options: With CCT zoning, this site is suitable for a variety of development possibilities, including: Residential: Develop multi-unit housing (5--36+ units), townhomes, or single-family homes, or scale up to 60+ unit mixed-use buildings. Medical Facilities: Perfect for outpatient centers, clinics, or wellness facilities. Retail Sales & Services: A great fit for retail spaces, from boutique shops to essential services. Parking, Storage, and Display Facilities: Ideal for businesses needing secure, accessible storage and display. Transportation & Civic: Great potential for transit-oriented developments or civic institutions. Live-Work Units: Seamlessly integrate residential with workspace for modern urban professionals. This property's size, existing infrastructure, and flexible zoning make it the perfect foundation for a vibrant development that meets the community's evolving needs. Let's discuss how this site can be the launchpad for your next impactful project.This property is more than just a location---it is an opportunity waiting to be seized, ideal for launching or expanding an automotive business. Just half a mile from I-90 and Highway 151, a prime commercial property is ready for a new chapter.

PROPERTY FACTS

Sale Type
Investment or Owner User
Property Type
Retail
Property Subtype
Auto Dealership
Building Size
5,221 SF
Building Class
B
Year Built
2014
Price
$2,999,500
Price Per SF
$574.51
Tenancy
Single
Building Height
1 Story
Loading Docks
5 Exterior
Building FAR
0.04
Lot Size
3.26 AC
Zoning
CCT, G2 - Commercial Corridor Transitional, Commercial Traffic
Parking
205 Spaces (39.26 Spaces per 1,000 SF Leased)
Frontage
100’ on High Crossing Blvd

AMENITIES

  • Corner Lot
  • Security System
  • Signalized Intersection
  • Accent Lighting
  • Car Charging Station

MAJOR TENANTS

  • TENANT
  • INDUSTRY
  • SF OCCUPIED
  • RENT/SF
  • LEASE END
  • Retailer
  • -
  • -
  • -

Goben Cars is a local family owned and operated used car dealership serving the areas of Madison, Middleton and surrounding Wisconsin communities since 1966. They offer high quality pre-owned cars, trucks and SUVs for sale from a wide range of popular automakers. For more than 50 years they have appreciated serving their neighbors as customers. Being a part of the Madison, Wisconsin community is important to Goben Cars. They are proud to sponsor many youth sports and events in the area and continue to focus growth in their hometown. From the moment you walk through their door, they’re committed to providing you with a great car-buying experience. With their skilled sales staff and financing options, they’ll help you get the vehicle you want, at the great price you deserve.

TENANT INDUSTRY SF OCCUPIED RENT/SF LEASE END
Retailer - - -

SPACE AVAILABILITY

  • SPACE
  • SIZE
  • SPACE USE
  • POSITION
  • AVAILABLE
  • 1st Floor
  • 5,221 SF
  • Retail
  • -
  • Now

This property is more than just a location—it is an opportunity waiting to be seized, ideal for launching or expanding an automotive business. Just half a mile from I-90 and Highway 151, a prime commercial property is ready for a new chapter. Built in 2014, this 3.26-acre site is a dream come true for any automotive business. The 5,221 square foot building features a sleek 2,298 square foot sales office with two private offices, a large reception area, and three bathrooms. In the 2,923-square-foot automotive shop, five 10' x 10' overhead doors led to a workspace equipped with three hydraulic hoists, radiant heat, and floor drains across all bays. The facility boasted 200 Amp power, washer/dryer hookups, and a mezzanine for upper storage Complete with an electric car charging station and outdoor electricity on light poles. It is secured with bollards and gates. A massive paved lot that could accommodate over 250 vehicles. This property offers everything needed to thrive in the automotive industry—a perfect blend of modern design, efficiency, and prime location.

Space Size Space Use Position Available
1st Floor 5,221 SF Retail - Now

1st Floor

Size
5,221 SF
Space Use
Retail
Position
-
Available
Now

1st Floor

Size 5,221 SF
Space Use Retail
Position -
Available Now

This property is more than just a location—it is an opportunity waiting to be seized, ideal for launching or expanding an automotive business. Just half a mile from I-90 and Highway 151, a prime commercial property is ready for a new chapter. Built in 2014, this 3.26-acre site is a dream come true for any automotive business. The 5,221 square foot building features a sleek 2,298 square foot sales office with two private offices, a large reception area, and three bathrooms. In the 2,923-square-foot automotive shop, five 10' x 10' overhead doors led to a workspace equipped with three hydraulic hoists, radiant heat, and floor drains across all bays. The facility boasted 200 Amp power, washer/dryer hookups, and a mezzanine for upper storage Complete with an electric car charging station and outdoor electricity on light poles. It is secured with bollards and gates. A massive paved lot that could accommodate over 250 vehicles. This property offers everything needed to thrive in the automotive industry—a perfect blend of modern design, efficiency, and prime location.

NEARBY MAJOR RETAILERS

Applebee's
Texas Roadhouse
IHOP
Old National Bank
Cracker Barrel Old Country Store
Mission BBQ
Five Guys
MOD Pizza
Perkins
Noodles & Company

PROPERTY TAXES

PROPERTY TAXES

Parcel Numbers
Multiple
  • 0810-272-0405-7
  • 0810-272-0404-9
Land Assessment
$1,990,900
Improvements Assessment
$2,182,300
Total Assessment
$4,173,200
  • Listing ID: 32882617

  • Date on Market: 8/19/2024

  • Last Updated:

  • Address: 2501 East Springs Dr, Madison, WI 53704

Link copied
Your LoopNet account has been created!

Please Share Your Feedback

We welcome any feedback on how we can improve LoopNet to better serve your needs.
X
{{ getErrorText(feedbackForm.starRating, "rating") }}
255 character limit ({{ remainingChars() }} charactercharacters remainingover)
{{ getErrorText(feedbackForm.msg, "rating") }}
{{ getErrorText(feedbackForm.fname, "first name") }}
{{ getErrorText(feedbackForm.lname, "last name") }}
{{ getErrorText(feedbackForm.phone, "phone number") }}
{{ getErrorText(feedbackForm.phonex, "phone extension") }}
{{ getErrorText(feedbackForm.email, "email address") }}