Redevelopment Parcel in Monona,
5450 Monona Drive Monona, WI 53716
5450 Monona Drive, Monona, WI, 53716
$1,500,000
For Sale
$1,500,000
Prime Monona parcel suitable for redevelopment with versatile zoning.
Lot Size0.50 Acres
Days on Market138
Property Features for 5450 Monona Drive
General Information
- Standard status
- Active
- Lot size
- 0.50 Acres
- Property subtype
- Retail - Commercial/Other
Building Details
- Year Built
- 1980
Listing agency
RE/MAX
(608) 843-5663
Listed by
Justin Witkins · License #58265-90
Source
Remaxcommercial
Added: Mar 7 Updated: Jul 10 at 3:56PM Checked: Jul 22 at 2:08AM
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Investment Insights
Based on property information with market context.
This prime redevelopment parcel is available in Monona, WI. The Retail Business Zoning allows for significant versatility of use and density. The site presents an opportunity to purchase and revive the existing convenience store and gas station or reposition it as a new asset. It is ideally located for quick-serve restaurants, larger mixed-use developments, retail or office space, or multi-family housing. Previous gas tanks have been removed and the site remediated. The parcel is ready for development in Monona, WI. It is located adjacent to larger metros on a main street with great traffic counts. The property is more than a 1/2 acre parcel. Located along one of Dane County’s commercial corridors, Monona Drive connects Madison’s east side to Monona’s lakeside community. This high-visibility stretch offers strong traffic counts, easy access to the Beltline and downtown Madison, and a diverse mix of national retailers, local restaurants, offices, and service businesses. With Lake Monona just steps away, nearby parks, and established neighborhoods, the Monona Drive area combines consumer demand with long-term growth and stability.
Key Highlights
- Prime redevelopment parcel with Retail Business Zoning allowing versatile use and density.
- Ideal location on Monona Drive, a vibrant commercial corridor with high traffic counts and easy access to Madison.
- Previous gas tanks removed and remediated; parcel is ready for development.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Commercial land
Similar For Sale Nearby
FAQs
What type of property is this?
Commercial land - Prime Monona parcel suitable for redevelopment with versatile zoning.
Where is this commercial land located?
The property is located at 5450 Monona Drive Monona, WI.
What is the asking price?
The asking price for this property is $1,500,000.
What are key features of this property?
This property features: Prime redevelopment parcel with Retail Business Zoning allowing versatile use and density.; Ideal location on Monona Drive, a vibrant commercial corridor with high traffic counts and easy access to Madison.; Previous gas tanks removed and remediated; parcel is ready for development.
