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    53 E Towne Way Madison, WI 53704

    For Sale
    Contact for pricing

    Former Boston Store site in Madison, Wisconsin, for sale.

    Property size:
    138,755 SF
    Lot size:
    14.83 Acres

    Property Features for 53 E Towne Way

    General Information

    Size
    138,755 SF
    Lot size
    14.83 Acres

    Source: Gary Kohlenberg, By Owner Agent Gary Kohlenberg

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    East Towne Mall Redevelopment Opportunity

    The property is a 138755-square-foot site located at 53 East Towne Mall in Madison, Wisconsin. It was formerly a Boston Store. The City of Madison recently rezoned the property to RMX. Madison is actively seeking neighborhood redevelopment.
    Location Intelligence

    Current Use by Public Records

    Shopping malls

    Suggested Use

    Realty agency Restaurant Law Firm Building Supply Spa & Massage Dental Office Wholesale Shop Auto Repair Shop Hair Salon 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
    -89.306296
    Latitude
    43.12165

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    FAQs

    What type of property is this?
    Shopping mall - Former Boston Store site in Madison, Wisconsin, for sale.
    Where is this shopping mall located?
    The property is located at 53 E Towne Way Madison, WI.
    What are key features of this property?
    This property features: - Rezoned to RMX by the City of Madison; - Located at 53 East Towne Mall, Madison, Wisconsin; - Former Boston Store location
    (262) 569-1800
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    53 E Towne Way Madison, WI 53704
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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
    53 E Towne Way Madison, WI 53704
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