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    4706 Cottage Grove Rd Madison, WI 53716

    Sponsored
    For Sale
    $995,000

    Prime Madison location, high visibility, excellent income potential.

    Property size:
    8,589 SF

    Description

    Added:
    Feb 3, 2025
    Days on Market:
    338
    This exceptional 8,589 square foot commercial office building, situated on a 0.6-acre lot at 4706 Cottage Grove Road in Madison, Wisconsin, presents a compelling investment opportunity. Boasting excellent visibility from Cottage Grove Road and convenient bus line access, this well-maintained property is ideally suited for an owner-occupant seeking both workspace and rental income. The building is currently partially occupied, generating income from an existing tenant and an on-site ATM. There's significant potential to increase revenue by leasing the remaining space. Recent capital improvements significantly enhance the property's value and minimize future maintenance needs. These improvements, completed within the last five years, include a complete roof replacement, a resurfaced parking lot, and the installation of two new HVAC systems. The building is fully ADA compliant and features elevator service, ensuring accessibility for all occupants and visitors. This is a turnkey operation with minimal deferred maintenance, offering immediate income and long-term growth potential. The property is available for sale at $995,000. A separate lease opportunity is also available (MLS #1966642).

    Property Features for 4706 Cottage Grove Rd

    General Information

    Property type
    Other commercial real estate
    Square Feet
    8,589 SF
    Lot Size
    26,136 SF

    Building Details

    Year Built
    1994
    Property Profile Location Intelligence

    Current Use by Public Records

    Amy Ripp Tattoo Shop Brian D. Hoefer ... Real Estate Consultant SueAnne Boyum at Prosperity ... Mortgage Lender Kristin Wild, First ... Real Estate Agent Heart Consulting, LLC Disability Services And Support Organization

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Building Supply Gym & Fitness

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Madison
    County
    DANE
    State
    Wisconsin
    Longitude
    -89.30022
    Latitude
    43.08461

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    FAQs

    What type of property is this?
    Commercial real estate - Prime Madison location, high visibility, excellent income potential.
    Where is this commercial real estate located?
    The property is located at 4706 Cottage Grove Rd Madison, WI.
    What is the asking price?
    The asking price for this property is $995,000.
    (608) 298-6598
    Request Owner's contact information
    4706 Cottage Grove Rd Madison, WI 53716
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    Madison, WI 53716
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    4706 Cottage Grove Rd Madison, WI 53716
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