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$2,225,000
Est. payment /mo
1.56 Acres Lot
UPDATED:
Key Details
Property Type Vacant Land
Listing Status Active
Purchase Type For Sale
MLS Listing ID 1994745
Annual Tax Amount $18,294
Tax Year 2024
Lot Size 1.560 Acres
Acres 1.56
Property Description
Exciting redevelopment opportunity located on the west side of Madison, involving the properties at 6601 and 6525 Grand Teton Plaza. This site currently features two commercial buildings with a shared parking lot, with the potential to transform it into a vibrant multi-family residential development. The opportunity allows for the construction of between 140-160 units, City of Madison staff is supportive of multi-family development in this area, which could significantly streamline the approval process. Given the prime location and city backing, we believe this project offers great potential for investment and development Building Sqft - 24000 Street Frontage - 225 Built 1981
Location
State WI
County Dane
Zoning RMX
Exterior
Utilities Available Natural Gas
Building
Lot Description Slab/foundation
Sewer Municipal Water, Municipal Sewer
New Construction N
Schools
Elementary Schools Call School District
Middle Schools Call School District
High Schools Call School District
School District Madison
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Listed by Exclusive Real Estate Group, Inc.
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