3539 – 3559 E. Washington Ave., Madison, WI
Restaurant/Retail Building For Sale
Marketing description
REDUCED Sale Price: $1,600,000; 2.01 acre parcel located on the gateway corner of East Washington Avenue and Highway 51/N. Stoughton Road; Future land use is designated as low-medium density housing with 80-100 apartment units (pending municipal approvals); Zoned CCT supporting redevelopment of older commercial corridors into denser, mixed-use areas; Studies show the City of Madison needs to construct 10,000 housing units every five years to keep up with demand; High Traffic counts on both E. Washington Ave and Highway 51/N. Stoughton Road; Future DOT roadway improvements allow for multiple entry points; Near the East Towne Trade Area with access to National and Regional retailers
Investment highlights
REDUCED Sale Price: $1,600,000; 2.01 acre parcel located on the gateway corner of East Washington Avenue and Highway 51/N. Stoughton Road; Future land use is designated as low-medium density housing with 80-100 apartment units (pending municipal approvals); Zoned CCT supporting redevelopment of older commercial corridors into denser, mixed-use areas; Studies show the City of Madison needs to construct 10,000 housing units every five years to keep up with demand; High Traffic counts on both E. Washington Ave and Highway 51/N. Stoughton Road; Future DOT roadway improvements allow for multiple entry points; Near the East Towne Trade Area with access to National and Regional retailers
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