1204-1214 S Park Street, Madison

$1,650,000

0 Beds
0 Baths
0 Sqft
0 Acres
0 Garages

Sale includes both parcels (0709-262-0904-4 and 0709-262-0903-6) with a combined lot size of 13,951 sq/ft and 100 ft of frontage on S Park St. Prime redevelopment potential! Fantastic opportunity to acquire a well-known Madison property/business that has been serving the local community for over 20 years! This property is located strategically on S Park St two blocks from St Mary's Hospital, and in close proximity to UW Campus and downtown Madison. There are two residential units located behind the commercial space. One is currently used by the owner, and the other is leased to a tenant. This property offers a multitude of opportunities as Madison real estate continues to boom. Sale is for real estate only. Sale of business negotiable if buyer has interest.

Real Broker LLC, Pref: 608-957-2683.

Essential Information
Status Active
Detailed Status Active
Days on Market 129
MLS® # 1960831
Price $1,650,000
Type Multi Family
Assessed Value $921,000
Year Assesed 2023
Net Taxes $16,495
Tax Year 2022
Utilities Separate elec meters, Separate gas meters, Separate water meters
Parking Per Unit 550,551,556,557
Exterior Vinyl, Brick/Stone
Community Information
Address 1204-1214 S Park Street
MLS® Area MADISON - C/T W15
City Madison
County Dane
State WI
Zip Code 53715
School Information
District Madison
Elementary Franklin/Randall
Middle Hamilton
High West
Property Overview
2 Bedroom Units 2
Total Units 3
# of Water Heaters 3
Heat Fuel Natural Gas
# of Stoves 2
# of Refrigerators 2
# of Dishwashers 2
Units with AC 2
# of Washers 2
# of Dryers 2
Unit 1 Details
# of Half Baths 1
Lease Expires owner
Square Feet 2,611
Parking Street
Landlord Pays Elec No
Landlord Pays Heat No
Landlord Pays W/S No
Unit 2 Details
# of Bedrooms 2
# of Full Baths 2
Lease Expires owner
Square Feet 1,360
Parking 2 Car Garage
Landlord Pays Elec No
Landlord Pays Heat No
Landlord Pays W/S No
Unit 3 Details
# of Bedrooms 2
# of Full Baths 1
# of Half Baths 1
Lease Expires 06/30/2024
Monthly Rent $1,380
Square Feet 1,030
Parking 2 Space
Landlord Pays Elec No
Landlord Pays Heat No
Landlord Pays W/S No
Additional Information
Zoning Commercial
Short Sale No
REO / Bank Owned No
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DISCLAIMER: Information is supplied by seller and other third parties and has not been verified.The IDX information being provided is 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.

Data provided by the South Central Wisconsin MLS as of 12/03/2023.

Copyright 2023 – (South Central Wisconsin MLS) – All Rights Reserved

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