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East Johnson St Portfolio 3 Properties Offered at $2,500,000 in Madison, WI
Executive Summary
Site totals 21,018 SF (0.48 AC) for multifamily redevelopment. There is currently one dental office building and 2 adjoining apartment buildings for a total of 4 units. Highest and best use is for redevelopment to a 45+ unit apartment provided that the City of Madison grants all required approvals, but with good cash flow in the meantime.
Seller prefers to sell all 3 properties together but will entertain proposals for splitting. Great opportunity for an exciting redevelopment project near the capitol square.
Seller prefers to sell all 3 properties together but will entertain proposals for splitting. Great opportunity for an exciting redevelopment project near the capitol square.
Property Facts
| Price | $2,500,000 | Number of Properties | 3 |
| Price / SF | $255.73 / SF | Individually For Sale | 0 |
| Sale Condition | Redevelopment Project | Total Building Size | 9,776 SF |
| Sale Type | Investment | Total Land Area | 0.48 AC |
| Status | Active |
| Price | $2,500,000 |
| Price / SF | $255.73 / SF |
| Sale Condition | Redevelopment Project |
| Sale Type | Investment |
| Status | Active |
| Number of Properties | 3 |
| Individually For Sale | 0 |
| Total Building Size | 9,776 SF |
| Total Land Area | 0.48 AC |
Properties
| Property Name / Address | Property Type | Size | Year Built | Individual Price |
|---|---|---|---|---|
| 128 E Johnson St, Madison, WI 53703 | Multifamily | 5,000 SF | - | - |
| 122 E Johnson St, Madison, WI 53703 | Office | 1,760 SF | 1941 | - |
| 116 E Johnson St, Madison, WI 53703 | Specialty | 3,016 SF | - | - |
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East Johnson St Portfolio
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