real estate for sale - images1.loopnet.com · real estate for sale 845 vilas ave., 405 s. park st.,...
TRANSCRIPT
Real Estate For Sale
845 Vilas Ave., 405 S. Park St., 413 S. Park St. Madison, WI
14,673 sq.ft. 3 parcel lot zoned TSS. 845 Vilas Ave is an abandoned city utility building
with driveway access from Vilas Ave. 405 S. Park St. is a free standing commercial
building with onsite site parking and it has some additional income from the billboard
with Adams Outdoor Advertising. 413 S. Park St. is currently leased out as a 5 bedroom apartment with onsite parking available to the tenants. This would also be a great
redevelopment site with great views of Lake Monona. Any redevelopment would be
subject to the city’s approval.
Asking Price $1,149,000
James Stopple - [email protected]
Direct Line (608) 268-4912 - Office (608) 251-8777 - Fax (608) 255-9656
Tony Xiong - [email protected] - Direct Line (608) 268-4987
www.madisonproperty.com/realestate
2019-2020 Rent Roll Address Unit Beds Bath Square Deposit Monthly Rent Monthly Tax Escrow Utilities Lease Signed Lease Start Lease End
Park St S 405 Commercial 1294 $ 2,200.00 $ 1,939.07 $ 372.23 50% of real estate taxes & 50% 9/28/2017 10/1/2017 9/30/2022
building insurance, electric, gas,
water/sewer, heat.
Park St S 413 1&2 5 3 1372 $ 1,047.50 $ 2,095.00 House Electricity (Heat). House 3/18/2019 8/16/2019 8/14/2020
Gas (Stove, Hot Water).
$20/person/month for Water and
Sewer.
Billboard Sign at 405 S. Park St. $ - $ 9,600.00 Paid annually 10/1/2004 10/1/2004 9/30/2028
or 25% of net revenues
Either party can
terminate lease with
90 days
advance notice prior
to the expiration date
$ 62,475.60 Total Annual Income
2020-2021 Rent Roll Address Unit Beds Bath Square Deposit Monthly Rent Monthly Tax Escrow Utilities Lease Signed Lease Start Lease End
Park St S 413 1&2 5 3 1372 $ 2,495.00 $ 2,495.00 House Electricity (Heat). House 11/18/2019 8/16/2020 8/14/2021
Gas (Stove, Hot Water).
$20/person/month for Water and
Sewer.
Property Information
Property Use: Shop, 1 story sm. Property Class: Commercial
Zoning: TSS Lot Size: 3,876 sqft
Frontage: 2,282 - Vilas Ave Water Frontage: NO
TIF District: 0 Assessment Area: 9936
Address: 845 Vilas Ave
Parcel Number:070923313012
2019 Tax Information
Net Taxes: $406.16
Special Assessment: $0.00
Other: $0.00
Total: $406.16
Property Information
Property Use: Store 1 sty sm Property Class: Commercial
Zoning: TSS Lot Size: 5,625 sq ft
Frontage: 141 - S Park St Water Frontage: NO
TIF District: 0 Assessment Area: 9936
Address: 405 S Park St
Parcel Number: 070923313020
Building Remarks: Gas station converted to office use in 1961 (optometrist). Currently a check cashing
office. Has parking for 10-15 cars on site.
2019 Tax Information
Net Taxes: $10,229.37
Special Assessment: $0.00
Other: $0.00
Total: $10,229.37
Property Information
Property Use: 2 Unit Property Class: Residential
Zoning: TSS Lot Size: 4,672 sq ft
Frontage: 58 - S Park St Water Frontage: NO
TIF District: 0 Assessment Area: 2021
Residential Building Information
Exterior Construction
Home Style: Old StyleDwelling
Units:2
Stories: 2.0 Year Built: 1889
Exterior Wall: Wood
Foundation: Concrete Block
Roof: AsphaltRoof
Replaced:2007
Garage 1: Stalls: 0.0
Driveway: Asphalt Shared Drive: NO
Interior Information
Bedrooms: 6 Full Baths: 3
Fireplace: 0 Half Baths: 0
Living Areas (Size in sq ft)
Description: Living Area:Total Living
Area:1,372
1st Floor: 686
2nd Floor: 686
3rd Floor: 0
Above 3rd
Floor:0
Attic Area: Finished: 0
Basement: Finished: 240 Total Basement: 686
Crawl Space: 0
Other Structures (Size in sq ft)
Screen Porch: 163
Mechanicals
Central A/C: NO
Address: 413 S Park St
Parcel Number: 070923313038
2019 Tax Information
Net Taxes: $8,492.54
Special Assessment: $0.00
Other: $0.00
Total: $8,492.54