1831 E Washington Ave
Madison, WI 53704

$2,890,000 USD

Land For Sale • 0.51 AC

Property Details

Property Type Land
Lot Size 0.51 AC
Zoning IL

52 Transit Score

90 Walk Score

Description

51 acres of land for sale on US Hwy 51, conveniently located alongside the railroad tracks. The property includes a vacant auto repair building that is currently zoned ILm for light industrial use. The City Comprehensive Plan designates future land use as Community Mixed Use (CMU) with a minimum height of 3 stories and a maximum height of 8 stories, and the property has approved plans to develop within these guidelines. All underground remediation has been thoroughly completed and satisfied with the WI Dept of Commerce and is included in the DNR Geographic Information System Registry. Possible seller concessions are available per negotiations.

                
                    Highlights
                
                                Seller Inviting Competitive Offers for Consideration
                            
                                Ideal for Developers/Brokers Seeking Prime Madison Location
                            
                                Excellent Visibility and High Traffic Location 
                            
                                CMU zoning allows for the construction of up to eight stories high building
                            
                                .51 Acres of Vacant Land Available With Future CMU Zoning!
                            
                                Located Directly On The East Washington Corridor to the Capital