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433 Grand Canyon Dr 5,900 SF 100% Leased Office Building Madison, WI 53719 $850,000 ($144.07/SF)
Investment Highlights
- 80' Street frontage; offstreet parking;easy access to main arteries and major highway
- Building has been utilitized as salon and other personal services businesses; easy access to mah
- Redevelopment area; highest and best use multifamily near new transit hub
Executive Summary
Prime redevelopment area in west Madison. Building has been owner/occupied salon business with other personal service related tenants. Building and lot available; highest and best use is redevelopment for multifamily with some commercial suites.
Property Facts
Sale Type
Investment or Owner User
Sale Condition
Redevelopment Project
Property Type
Office
Building Size
5,900 SF
Building Class
C
Year Built
1964
Price
$850,000
Price Per SF
$144.07
Percent Leased
100%
Tenancy
Multiple
Building Height
2 Stories
Typical Floor Size
2,950 SF
Building FAR
0.37
Lot Size
0.37 AC
Opportunity Zone
Yes
Zoning
C3L - Within Transit Oriented Development District on Madison Westside includes Suburban Employment.
Parking
16 Spaces (4.57 Spaces per 1,000 SF Leased)
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Moderately walkable
70/100
Moderately drivable
70/100
Limited public transit
30/100
Moderately bikeable
70/100
Property Taxes
| Parcel Number | 0708-252-0203-2 | Improvements Assessment | $304,000 |
| Land Assessment | $176,000 | Total Assessment | $480,000 |
Property Taxes
Parcel Number
0708-252-0203-2
Land Assessment
$176,000
Improvements Assessment
$304,000
Total Assessment
$480,000
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Photos
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Map
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Presented by
Mardi O'Brien Real Estate Inc.
433 Grand Canyon Dr
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