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4706 Cottage Grove Road

Madison, WI 53716
  • $1,475,000
  • STATUS: Active
  • ON SITE: 37 Days
  • ID#: 1966636
UPDATED: 122 min ago
$1,475,000
  • 0
    BEDS
  • 0.6
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
  • 8,589
    SQFT
  • $172
    $/SQFT
Neighborhood:
Type:
Commercial
Built:
1994
County:

School Ratings & Info

Listing provided by Acres Realty: 608-298-6598

Description

Make a statement for your business in this bright and well-kept office building with excellent visibility on Cottage Grove Rd and on bus line! This building is perfectly suited for an owner-occupant using SBA or similar financing as roughly 60% of the square footage is coming available. Two tenants lease the balance of the space, providing rental income to offset expenses. No deferred maintenance! Maintenance items completed in the last 4 years include: roof replacement, parking lot resurfacing, and 2 new HVAC systems. Building is ADA compliant and elevator serviced. Income from on-site ATM is $750/mo. Owner holds a WI real estate license.

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© 2023 South Central Wisconsin MLS Corporation. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or EXIT Realty HGM. Data last updated: 2023-12-07T23:42:17.877.
www.exithgm.com/homes/144867620
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4706 Cottage Grove Road Madison, WI 53716

  • Price: $1,475,000
  • Status: Active
  • On Site: 37 Days
  • Updated: 122 min ago
  • ID#: 1966636
0
Beds
0
Baths
0
½ Baths
0.6
Acres
8,589
SQFT
$172
$/SQFT
1994
Built
Neighborhood:
Madison - C E11
County:
Dane
Area:
Madison - C E11
Property Description
Make a statement for your business in this bright and well-kept office building with excellent visibility on Cottage Grove Rd and on bus line! This building is perfectly suited for an owner-occupant using SBA or similar financing as roughly 60% of the square footage is coming available. Two tenants lease the balance of the space, providing rental income to offset expenses. No deferred maintenance! Maintenance items completed in the last 4 years include: roof replacement, parking lot resurfacing, and 2 new HVAC systems. Building is ADA compliant and elevator serviced. Income from on-site ATM is $750/mo. Owner holds a WI real estate license.
Exterior Features

Building Parking 36-55 spacesOnsitePaved Exterior WoodBrick Location Business district Roof Composition Type Office

Interior Features

Basement Slab/None Ceiling Height Max 1 Ceiling Height Min 1 Commercial Features Passenger elevatorPublic rest roomsPrivate RestroomsShared RestroomsReception areaSignage availableSecurity systemPrivate office(s) Heating Cooling Forced airCentral air Unit1 Gross Sq Ft 5115

Property Features

Annual Operating Expenses 59152 Business Sale No City Town Or Village City County Quarter East Metro Madison Documents On File Lease(s)P & L statement Fuel Natural gas Gross Operating Income 186799 Lease Only No Lease Type Gross Licenses None Mailing City Madison Net Operating Income 127647 Net Taxes 18740 Occupancy Tenant(s) Present Use Office Real Estate Sale Yes Sale Includes N/A Source Sq Ft Seller Tax Year 2022 Tenant Pays Janitorial Unit1 Annual Rent Per Sq Ft 21.17 Water Waste Municipal waterMunicipal sewer Year Built Source Assessor Zoning CC-T

Listing information © 2023 South Central Wisconsin MLS.
Listing provided courtesy of Acres Realty: .



© 2023 South Central Wisconsin MLS Corporation. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or EXIT Realty HGM. Data last updated: 2023-12-07T23:42:17.877.
 
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EXIT Realty HGM
345 W Washington Ave
Madison WI, 53703
Listing provided by Acres Realty: 608-298-6598