4706 Cottage Grove Road Madison, WI ^$ 1,275,000

4706 Cottage Grove Road

^$ 1,275,000

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4706 Cottage Grove Road

Madison, WI, 53716

^$ 1,275,000

Studio Baths0.0 Sq 8,589

Monthly Estimate*

^$ 8,474

Listed by Acres Realty

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Studio

Commercial Property for sale in Madison, WI

for $1,275,000. This 8,589 square foot building was built in 1994.

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 as there is an opportunity to occupy over half of the building and/or to receive rental income from additional units 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.

Commercial Active

Price

^$ 1,275,000

Bedrooms

Studio

Property Type

Commercial

Taxes

^$ 18,740

Style

Office

Year Built

1994

Town/City

Madison

County/Region

Dane

MLS | Web ID

1966636

Features

General

Lease Type Gross

Features Passenger elevator Public rest rooms Private Restrooms Shared Restrooms Reception area Signage available Security system Private office(s)

Roof Composition

Zoning CC-T

Occupancy Tenant(s)

Tenant Pays Janitorial

County Dane

Class Business/Comm

Present Use Office

Net Income 127647

Location Business district

Tax Year 2022

Gross Income 186799

Fuel Natural gas

Status Active

Year Built 1994

Directions From Stoughton Rd east on Cottage Grove Rd then left on Flora Ln to First Weber building

City Madison

Street Name Cottage Grove

DOM 210

Price Per Sq Ft Total 148.45

Open House Date No

County Qtr Section East Metro Madison

Interior

Basement Slab/None

Total Number of Units 4

Heating/Cooling Forced air Central air

Stories 2

Exterior

Exterior Wood Brick

Lot Size Area 0.6

* Excluded Features

List By

Acres Realty

Broker

(608) 556-2088

Phone

kevin@acresllc.net

Affordability Calculator

$10,036

Per Month

Monthly Principal & Interest: $8,474
Monthly Property Taxes: $1,562
Monthly Home Insurance: --

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Yearly Home Insurance

Default based on a 30-year fixed rate of 6.99% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

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Nearby

Trends
Schools

Commerical listings in Madison, WI

Average List Price ^$799,614

Percent of Sale Price 37%

About Madison, WI

252,062 Population

21% Since 2002

^$58,415 Median Income

34.31 Median Age

21% Households with Children

View more area information

Trends Information provided by ATTOM Data Solutions.

1568291 Elementary School

1568554 Middle School

Unknown High School High School

See complete school information

Pricing History

Date	Price	Price Change	Description
5/1/2024	$1,275,000	-13.56%	Price Down
10/31/2023	$1,475,000		Listed Price

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4706 Cottage Grove Road, Madison, WI, 53716 is a Commercial Property for sale at $1,275,000 with 8,589 sqft. 4706 Cottage Grove Road is a studio with 0.0 baths and was built in 1994. The property's zip code is 53716 which is in Madison, WI

*Information deemed reliable but not guaranteed.

Financial calculator disclaimer: Default based on a 30-year fixed rate of 6.99% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

The data relating to real estate for sale on this web site comes in part from the Internet Data Exchange Program of the South Central Wisconsin Multiple Listing Service. Real Estate listings held by brokerage firms (licensees) other than Weichert Realtors are marked with the SCWMLS approved logo and detailed information about them includes the name of the listing brokers.

The 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.

This information, provided by seller, listing broker, and other parties, may not have been verified.

Data is updated as of 6/2/2024.

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4706 Cottage Grove Road

Commercial Property for sale in Madison, WI

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