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5450 Monona Dr 2,110 SF Retail Building Madison, WI 53716 $1,550,000 ($734.60/SF)
INVESTMENT HIGHLIGHTS
- High traffic area on a main street.
- Adjacent to larger metros.
EXECUTIVE SUMMARY
Prime redevelopment parcel available in Monona, WI! Retail Business Zoning allows for significant versatility of use and density. Purchase and revive the existing convenience store/gas station or reposition as a new asset. Ideal location for Quick Serve Restaurants, Larger Mixed Use, Retail/Office Space, or Multi Family. Previous gas tanks have been
removed and remediated. Parcel is ready to go in booming Monona, WI! Be a part of the surge in economic growth in this vibrant community. Adjacent to larger metros and on a main street with great traffic counts. More than a 1/2 acre parcel, this is the opportunity that you've been waiting for!
removed and remediated. Parcel is ready to go in booming Monona, WI! Be a part of the surge in economic growth in this vibrant community. Adjacent to larger metros and on a main street with great traffic counts. More than a 1/2 acre parcel, this is the opportunity that you've been waiting for!
PROPERTY FACTS
Sale Type
Owner User
Sale Condition
Redevelopment Project
Property Type
Retail
Property Subtype
Service Station
Building Size
2,110 SF
Building Class
B
Year Built
1980
Price
$1,550,000
Price Per SF
$734.60
Tenancy
Single
Building Height
1 Story
Building FAR
0.08
Lot Size
0.62 AC
Zoning
RB - Retail Business
AMENITIES
- Signage
- Air Conditioning
Walk Score®
Very Walkable (75)
NEARBY MAJOR RETAILERS
PROPERTY TAXES
| Parcel Number | 0710-212-3422-3 | Improvements Assessment | $430,200 |
| Land Assessment | $175,500 | Total Assessment | $605,700 |
PROPERTY TAXES
Parcel Number
0710-212-3422-3
Land Assessment
$175,500
Improvements Assessment
$430,200
Total Assessment
$605,700
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5450 Monona Dr
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