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405 S Park Street Madison, WI 53715 • Commercial - Business • Active

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Description

9,499 sq.ft. 2 parcel mixed use lot zoned TSS at the intersection of W. Washington Ave and S. Park St. 845 Vilas Ave was a prior city water well building with driveway access from Vilas Ave this building could be torn down for more parking or build something new (subject to city approval). 405 S. Park St. is a free standing commercial building leased out at $2,300/month (lease expires 12/31/2026) with onsite site parking and additional income from the billboard with Adams Outdoor Advertising ($9,600 annually). A great location for someone looking to occupy with their business or continue leasing. This is an excellent location just 1 mile from downtown and the UW Campus.

Property Highlights

Property Type: Commercial - Business
Year Built: 1950

General Information

County: Dane
Listed By:
Madison Property Management, Inc. 608-251-8777
SCWMLS
$799,000
Est. $5,075/mo

Listing Courtesy of: Madison Property Management, Inc.
Agency Phone: 608-251-8777
IDX logo


Active
SQUARE FEET1,294 MLS#2013796
STATUSActive PROPERTY TYPECommercial - Business
TOUR PROPERTY

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Shown By

Matthew Mueller
 (309) 236-1922

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405 S Park Street, Madison, WI 53715.

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Loan Type 30 Year FixedFHA 30 Year Fixed15 Year Fixed
Purchase Price $799,000$799,000$799,000
Down Payment $159,800$27,965$199,750
Monthly Mortgage Amount $3,730$4,704$4,857
Taxes $1112$1112$1112
Insurance $100$100$100
HOA/Dues/Fees $0$0$0
Monthly Mortage Insurance $0$351$0
Monthly Estimated Total $5,075$6,400$6,202

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