Listed by Colliers - Madison, Wisconsin
$379,900
Office Building For Sale As Is, Where Is
Details
Property Type Office
Sub Type Executive Office
Square Footage 7,482
Price per SqFt $51
Year Built 1984
Year Renovated 2009
Acreage 2.210
Zoning SE - Suburban Employmen
Parking Spaces 45 spaces
Parking Per SqFt 6.01
Investment Type Owner/User
Office | 7,482 SqFt
Marketing description
2423 American Lane is a 7,482 SF office building situated on 2.21 acres in a quiet, wooded setting on Madison’s east side. Built in 1984 and recently updated with new interior finishes, HVAC controls, and refreshed parking, the property offers flexible layout options for single or multi-tenant use, operable windows, and 45 surface parking stalls. Zoned SE–Suburban Employment and offered as-is for $379,900, it provides an affordable owner-user or investment opportunity with a land lease of approximately $2,000/month in place through 2079.
Investment highlights
- Recently remodeled interior with VCT flooring, new HVAC controls, washer/ dryer hookups, and new break areas.
- Updates: Roof in 2009 and Parking Lot in 2020
- Owner occupant can use entire building or easily divide for multiple tenants.
- Operable windows
- Substantial parking in a serene, wooded setting.
- Parking 45 Surface Stalls
Listing Contacts
Listed by Colliers - Madison, Wisconsin
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