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3909 Northwestern Ave - Multifamily / Retail Development Site 2.7 Acres of Commercial Land Offered at $1,900,000 in Mount Pleasant, WI 53405

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INVESTMENT HIGHLIGHTS

  • Seller financing and ground lease options are being considered.
  • Highly traveled thoroughfare
  • Business-friendly governance
  • Multifamily / Retail Zoning

EXECUTIVE SUMMARY

Prime development opportunity featuring C-2 Zoning that provides flexibility for developing a multifamily complex, senior housing facility, hotel, or retail space. Will this suit your 1031 Exchange? Current buildings on the site are bringing in a monthly income of $ 3,300. This expansive 2.7+-acre property at 3909 Northwestern Avenue, is located in Mount Pleasant, a business-friendly governance with local and state incentives. This site is positioned on highly traveled and visible Hwy K thoroughfare and offers excellent connectivity and accessibility with just 5 miles from I-94 and 0.2 miles from Route 31. Take advantage of this exceptional development opportunity with seller financing and ground lease options considered! Contact us today to learn more!

PROPERTY FACTS

Price $1,900,000
Sale Type Investment or Owner User
Sale Conditions
Ground Lease (Leased Fee)
  • Lease Option
  • Redevelopment Project
No. Lots 1
Property Type Land
Property Subtype Commercial
Proposed Use
Commercial
  • Retail
  • Mixed Use
  • Multifamily
  • Hospitality
Total Lot Size 2.70 AC
No. Stories 1
Zoning C-2 - C-2 District accommodates moderate-intensity commercial, low-intensity manufacturing, and upper story resident.

1 LOT AVAILABLE

Lot

Price $1,900,000
Price Per AC $703,703.70
Lot Size 2.70 AC

Five Parcel Being Sold as One Package. Zoned to accommodate Mixed Use development.

DESCRIPTION

Prime development opportunity featuring C-2 Zoning that provides flexibility for developing a multifamily complex, senior housing facility, hotel, or retail space. Will this suit your 1031 Exchange? Current buildings on the site are bringing in a monthly income of $ 3,300. This expansive 2.7+-acre property at 3909 Northwestern Avenue, is located in Mount Pleasant, a business-friendly governance with local and state incentives. This site is positioned on highly traveled and visible Hwy K thoroughfare and offers excellent connectivity and accessibility with just 5 miles from I-94 and 0.2 miles from Route 31. Take advantage of this exceptional development opportunity with seller financing and ground lease options considered! Contact us today to learn more.

PROPERTY TAXES

PROPERTY TAXES

Parcel Numbers
Multiple
  • 151-032306029000
  • 151-032306084000
Land Assessment
$42,400
Improvements Assessment
$0
Total Assessment
$42,400
  • Listing ID: 31240508

  • Date on Market: 3/16/2024

  • Last Updated:

  • Address: 3909 Northwestern Ave, Mount Pleasant, WI 53405

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