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$2,225,000
Est. payment /mo
24,000 SqFt
UPDATED:
Key Details
Property Type Commercial
Sub Type Office(s)
Listing Status Active
Purchase Type For Sale
Square Footage 24,000 sqft
Price per Sqft $92
MLS Listing ID 1994550
Year Built 1981
Annual Tax Amount $18,294
Tax Year 2024
Lot Size 1.560 Acres
Acres 1.56
Property Sub-Type Office(s)
Property Description
Exciting redevelopment opportunity located on the west side of Madison, involving the properties at 6601 and 6525 Grand Teton Plaza. This site currently features two commercial buildings with a shared parking lot, with the potential to transform it into a vibrant multi-family residential development. The opportunity allows for the construction of between 140-160 units, City of Madison staff is supportive of multi-family development in this area, which could significantly streamline the approval process. Given the prime location and city backing, we believe this project offers great potential for investment and development.
Location
State WI
County Dane
Zoning RMX
Rooms
Basement None, None / Slab
Interior
Heating Natural Gas
Cooling Forced Air
Exterior
Roof Type Flat
Building
Story 2
Sewer Municipal Water
New Construction N
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Listed by Exclusive Real Estate Group, Inc.
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