6200 Mineral Point Rd 13,908 SF 100% Leased Office Building Madison, WI 53705 $2,075,000 ($149.19/SF)

Oakbrook Corporation is pleased to present for sale the land and existing Class B office building located at 6200 Mineral Point Road (“the Property”). The Property presents an excellent opportunity to acquire a highly functional office building, or for redevelopment in one of Madison’s most active commercial corridors. The Property is currently zoned CC-T (Commercial Corridor—Transitional). CC-T allows mixed-use development of up to 5 stories or 78 feet in height within the Transit-Oriented Development Overlay District, so no zoning change is required in order to develop an apartment project with a small commercial component.
Certain For-Profit businesses could be eligible for up to $250k forgivable
loan via the City of Madison Small Cap TIF program
Pursuing a zoning change is also an option depending on the developer’s goals. The City of Madison Comprehensive Plan calls for a future land use of CMU (Community Mixed Use). This aligns with a potential rezoning to MXC (Mixed Use Center District), which may support additional or larger units and a slightly simpler design. Kevin Burow of Knothe & Bruce Architects conducted an extensive study of the site, zoning, height limitations, and setbacks and prepared the attached concept plans showing a 70-unit building with 85 parking stalls. A small commercial space is included on first floor to meet the mixed-use requirement. A full-size version in PDF is available upon request.