4906 Femrite Drive, Madison

$979,000

0 Beds
0 Baths
9,084 Sqft
.87 Acres
0 Garages

Rare opportunity to acquire a 9,084 SF office/warehouse building ideal for multi-tenant or owner occupant near Hwy 51 and the Beltline. The majority of original structure was razed in 2015 and a complete renovation of the building was done including ground up new construction of the office space and the addition of 2 warehouse bays. The building is currently 100% occupied with staggered lease expirations to provide flexibility for owner occupant to expand over time or continue to offset costs with rental income.

Key Commercial Real Estate, LLC.

Essential Information
Status Active
Detailed Status Active
Days on Market 204
MLS® # 1965502
Price $979,000
Square Footage 9,084
Acres 0.87
Year Built 1983
Type Business/Comm
Assessed Value $730,000
Year Assesed 2023
Net Taxes $14,380
Tax Year 2022
Exterior Brick/Stone, Vinyl
Roofing N/A
Community Information
Address 4906 Femrite Drive
MLS® Area MADISON - C E12
City Madison
County Dane
State WI
Zip Code 53716
Amenities
Parking 11-20 spaces
Property Overview
Total Units 4
Additional Information
Zoning IL
Total Finished SqFt 9,084
Short Sale No
REO / Bank Owned No
Property History
Price Reduced from $1,020,000 to $979,000
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Data provided by the South Central Wisconsin MLS as of 05/02/2024.

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