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4906 Femrite Drive

Madison, WI 53716
  • $979,000
  • STATUS: Active
  • ON SITE: 286 Days
  • ID#: 1965502
UPDATED: 134 min ago
$979,000
  • 0
    BEDS
  • 0.87
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
  • 9,084
    SQFT
  • $108
    $/SQFT
Neighborhood:
Type:
Commercial
Built:
1983
County:

School Ratings & Info

Listing provided by Key Commercial Real Estate, LLC: 608-729-1800

Description

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.

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© 2024 South Central Wisconsin MLS Corporation. All rights reserved. IDX information is provided exclusively 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. Information is deemed reliable but is not guaranteed accurate by the MLS or HomeTeam4u | Stark Company Realtors. Data last updated: 2024-07-24T12:42:05.463.
www.hometeam4u.com/homes/144284912
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4906 Femrite Drive Madison, WI 53716

  • Price: $979,000
  • Status: Active
  • On Site: 286 Days
  • Updated: 134 min ago
  • ID#: 1965502
0
Beds
0
Baths
0
½ Baths
0.87
Acres
9,084
SQFT
$108
$/SQFT
1983
Built
Neighborhood:
Madison - C E12
County:
Dane
Area:
Madison - C E12
Property Description
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.
Exterior Features

Building Parking 11-20 spaces Exterior BrickVinyl Location Free standing Roof N/A Type OfficeWarehouse

Interior Features

Ceiling Height Max 14 Ceiling Height Min 14 Heating Cooling Forced airRadiant Unit1 Gross Sq Ft 1470

Property Features

Annual Operating Expenses 0 Business Sale No City Town Or Village City County Quarter East Metro Madison Fuel N/A Gross Operating Income 0 Lease Only No Lease Type GrossOther Mailing City Madison Net Operating Income 0 Net Taxes 14380 Present Use OfficeWarehouse Real Estate Sale Yes Sale Includes N/A Source Sq Ft List Agent Tax Year 2022 Tenant Pays N/A Unit1 Annual Rent Per Sq Ft 8.26 Water Waste Municipal water Year Built Source Seller Zoning IL

Listing information © 2024 South Central Wisconsin MLS.
Listing provided courtesy of Key Commercial Real Estate, LLC: .



© 2024 South Central Wisconsin MLS Corporation. All rights reserved. IDX information is provided exclusively 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. Information is deemed reliable but is not guaranteed accurate by the MLS or HomeTeam4u | Stark Company Realtors. Data last updated: 2024-07-24T12:42:05.463.
 
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HomeTeam4u | Stark Company Realtors
705 W Main Street
Sun Prairie WI, 53590
Listing provided by Key Commercial Real Estate, LLC: 608-729-1800