Listing Agency: Lee & Associates of Madison Show Phone

Listed By: Blake George · License #4944590 Show Phone

Source: Moodyscre

Added: Nov 11, 2025 Changed: Oct 12 Last Checked: Oct 23 at 9:41AM

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Investment Insights

Based on property information with market context.

This development parcel is located on the hard corner of East Washington Avenue and Milwaukee Street. The 21,457 sq. ft. lot is situated in a TIF district with urban redevelopment zoning. A new bus stop is located nearby. Proposed uses for the property include apartments and retail, with plans for 44 to 80 multi-family units. Water and sewer laterals are already in place, and the site features curb and gutters. The property is located in the Transit Oriented Development Overlay District (TOD) and offers accessibility to Dane County Regional Airport, Highway 30, and Interstates 39/94.

Key Highlights

• Development parcel on the hard corner of East Washington Avenue and Milwaukee Street.
• 21,457 sq. ft. lot located in TIF district.
• Urban redevelopment zoning allowing for apartments and retail.

Property Analytics

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Suggested Use

Top Pick Law Firm Parking Lot & Garage Grocery & Convenience Store Auto Parts Store (Bike/Boat/Book/etc) Store Accounting Firm

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

1,023

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Frequently Asked Questions

What type of property is this?

Land - Development parcel for apartments and retail in TIF district.

Where is this land located?

The property is located at 2609-2617 E Washington Ave Madison, WI.

What is the asking price?

The asking price for this property is $2,879,400.

What are key features of this property?

This property features: Development parcel on the hard corner of East Washington Avenue and Milwaukee Street.; 21,457 sq. ft. lot located in TIF district.; Urban redevelopment zoning allowing for apartments and retail.