Multifamily Redevelopment with Dental
116 / 122 / 128 E Johnson Street Madison, WI 53703
116 / 122 / 128 E Johnson Street, Madison, WI, 53703
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For Sale
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Four-unit property includes a dental office and two adjoining apartment buildings on a 21,018 sf site.
Property Size21,018 SF
Lot Size0.48 Acres
Price / SF$118.95
Days on Market120
Property Features for 116 / 122 / 128 E Johnson Street
General Information
- Standard status
- Active
- Size
- 21,018 SF
- Lot size
- 0.48 Acres
- Property subtype
- Multifamily
Building Details
- Year Built
- 999
Listing agency
First Weber Inc
(608) 274-7500
Listed by
Dave Mays · License #57206-90
Source
Crexi
Added: Mar 24 Updated: Jul 21 at 3:55AM Checked: Jul 21 at 3:55AM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of First Weber Inc
Investment Insights
Based on property information with market context.
This offering consists of a four-unit property with a dental office building and two adjoining apartment buildings. The site totals 21,018 square feet (.48 acres), and the existing units are identified as Unit 1 at 116 E. Johnson, Unit 2 at 128 E. Johnson #1, Unit 3 at 128 E. Johnson #2, and the dental office as Unit 4.
The highest and best use is redevelopment into a 45+ unit apartment, contingent on the City of Madison granting all required approvals. In the meantime, the property is described as having good cash flow.
All property details should be verified with the listing broker and governing approvals, as the redevelopment concept depends on satisfaction of City requirements.
The highest and best use is redevelopment into a 45+ unit apartment, contingent on the City of Madison granting all required approvals. In the meantime, the property is described as having good cash flow.
All property details should be verified with the listing broker and governing approvals, as the redevelopment concept depends on satisfaction of City requirements.
Key Highlights
- 21,018 SF (.48‑acre) site for multi‑family redevelopment at 116–128 E. Johnson
- Property includes a dental office plus two adjoining apartment buildings
- Total of 4 units: Unit 1 (116 E. Johnson), Units 2–3 (128 E. Johnson #1 and #2), and Unit 4 (dental office)
Property Analytics
Location Intelligence
Current Use by Public Records
Quadplexes
Similar For Sale Nearby
FAQs
What type of property is this?
Quadplex - Four-unit property includes a dental office and two adjoining apartment buildings on a 21,018 sf site.
Where is this quadplex located?
The property is located at 116 / 122 / 128 E Johnson Street Madison, WI.
What is the asking price?
The asking price for this property is $2,500,000.
What are key features of this property?
This property features: 21,018 SF (.48‑acre) site for multi‑family redevelopment at 116–128 E. Johnson; Property includes a dental office plus two adjoining apartment buildings; Total of 4 units: Unit 1 (116 E. Johnson), Units 2–3 (128 E. Johnson #1 and #2), and Unit 4 (dental office)
