3539 E Washington Ave 2.01 Acres of Commercial Land Offered at $1,600,000 in Madison, WI 53704

3539–3559 E. Washington Avenue presents a compelling redevelopment opportunity on a prominent 2.01-acre gateway corner at East Washington Avenue and Highway 51/N. Stoughton Road in Madison, Wisconsin. Offered at a reduced sale price of $1,600,000, the site benefits from excellent visibility, strong traffic counts on both arterials, and future DOT roadway improvements that will allow for multiple points of access. The property is zoned CCT, supporting the City of Madison’s vision for transforming older commercial corridors into denser, mixed-use environments, and its future land use designation allows for low- to medium-density residential development of approximately 80–100 apartment units, subject to municipal approvals. With studies indicating Madison must deliver roughly 10,000 new housing units every five years to keep pace with demand, this site is well positioned to meet a critical market need. Additionally, the property is located near the East Towne Trade Area, providing convenient access to a wide range of national and regional retailers, further enhancing its appeal for residential redevelopment.