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515 Atlas Ave 20,000 SF Vacant Industrial Building Madison, WI 53714 For Sale

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INVESTMENT HIGHLIGHTS

  • New roof with new skylights
  • New facade curtain wall with glass windows
  • Recently resurfaces parking lot.
  • Updated office finishes

EXECUTIVE SUMMARY

Prime 20,000 SF flex/industrial facility on 1.57 acres located on Madison's east side with excellent access to Hwy 51 and the Beltline. The property features ~1,500 SF of updated office space, ~1,500 SF of mezzanine storage, four dock doors (two with levelers), two drive-in doors, and a 2,000 SF fenced yard. Ceiling height ~21'. Wet sprinkler system. Ample area for car, truck and trailer parking/storage. Recent upgrades include new roof and skylights, resurfaced parking lot, modern glass faade, and refreshed office finishes. IL zoning and heavy power (3-phase/1200A + 800A) make this an ideal space for manufacturing, distribution, or service operations. Available for immediate occupancy. For Lease @ $9.00 NNN. For Sale @ Contact broker for pricing guidance. Contact: Matt Apter - Cresa mapter@cresa.com 608-852-3001

PROPERTY FACTS

Sale Type Investment or Owner User
Property Type Industrial
Property Subtype
Manufacturing
  • Flex Light Manufacturing
  • Industrial Distribution
  • Industrial Warehouse
Building Class C
Lot Size 1.57 AC
Rentable Building Area 20,000 SF
No. Stories 1
Year Built 1974
Parking Ratio 1.6/1,000 SF
Clear Ceiling Height 24’
No. Dock-High Doors/Loading 4
No. Drive In / Grade-Level Doors 2
Zoning IL - IL

AMENITIES

  • Floor Drains
  • Signage
  • Skylights

UTILITIES

  • Lighting
  • Gas - Natural
  • Water - City
  • Sewer - City
  • Heating - Gas

MAJOR TENANTS

  • TENANT
  • INDUSTRY
  • SF OCCUPIED
  • RENT/SF
  • LEASE TYPE
  • LEASE END
  • Retailer
  • -
  • -
  • Triple Net
  • Jun 2024

Lake City Glass was born Lake City Glass and Paint in 1970 when three employees from Hoffer Glass Company were about to lose their jobs due to the office being closed. The three original owners were John Grybowski, Jerry Sheskey and Steve Villand. In the beginning paint, residential glass and auto glass comprised most of the business with a small amount of contract glazing. After a few years Jerry and Steve purchased the shares of their partner and the two lead the company through the 70’s and most of the 80’s where the business emphasis focused more and more on contract glazing and less on other items until “Paint” was dropped from the name. Lake City Glass grew and flourished in the mid 80’s. When Jerry Sheskey became ill he opted to sell his half of the business to Wes Browne and Mark Sheskey and the company again was back to three owners.

  • Millwork Specialists of Wisconsin, Inc.
  • Manufacturing
  • -
  • -
  • -
  • -
TENANT INDUSTRY SF OCCUPIED RENT/SF LEASE TYPE LEASE END
Retailer - - Triple Net Jun 2024
Millwork Specialists of Wisconsin, Inc. Manufacturing - - - -

SPACE AVAILABILITY

  • SPACE
  • SIZE
  • SPACE USE
  • CONDITION
  • AVAILABLE
  • 1st Floor
  • 20,000 SF
  • Industrial
  • -
  • Now

Prime 20,000 SF flex/industrial facility on 1.57 acres located on Madison's east side with excellent access to Hwy 51 and the Beltline. The property features ~1,500 SF of updated office space, ~1,500 SF of mezzanine storage, four dock doors (two with levelers), two drive-in doors, and a 2,000 SF fenced yard. Ceiling height ~21'. Wet sprinkler system. Ample area for car, truck and trailer parking/storage. Recent upgrades include new roof and skylights, resurfaced parking lot, modern glass faade, and refreshed office finishes. IL zoning and heavy power (3-phase/1200A + 800A) make this an ideal space for manufacturing, distribution, or service operations. Available for immediate occupancy. Lease: $9.00 NNN Sale: Contact broker for pricing guidance Contact: Matt Apter - Cresa mapter@cresa.com 608-852-3001

Space Size Space Use Condition Available
1st Floor 20,000 SF Industrial - Now

1st Floor

Size
20,000 SF
Space Use
Industrial
Condition
-
Available
Now

1st Floor

Size 20,000 SF
Space Use Industrial
Condition -
Available Now

Prime 20,000 SF flex/industrial facility on 1.57 acres located on Madison's east side with excellent access to Hwy 51 and the Beltline. The property features ~1,500 SF of updated office space, ~1,500 SF of mezzanine storage, four dock doors (two with levelers), two drive-in doors, and a 2,000 SF fenced yard. Ceiling height ~21'. Wet sprinkler system. Ample area for car, truck and trailer parking/storage. Recent upgrades include new roof and skylights, resurfaced parking lot, modern glass faade, and refreshed office finishes. IL zoning and heavy power (3-phase/1200A + 800A) make this an ideal space for manufacturing, distribution, or service operations. Available for immediate occupancy. Lease: $9.00 NNN Sale: Contact broker for pricing guidance Contact: Matt Apter - Cresa mapter@cresa.com 608-852-3001

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
0710-091-0503-4
Land Assessment
$207,500
Improvements Assessment
$1,186,500
Total Assessment
$1,394,000
  • Listing ID: 38050298

  • Date on Market: 10/12/2025

  • Last Updated:

  • Address: 515 Atlas Ave, Madison, WI 53714

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