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Redevelopment Gas Station Parcel
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5450 Monona Dr, Monona, WI 53716

Retail business zoning and remediated former gas tanks make this convenience store site flexible for redevelopment or reuse.

Property Size2,110 SF
Price / SF$710.90
Days on Market36

Property Features for 5450 Monona Dr

General Information

Standard status Active
Size 2,110 SF
Property subtype RETAIL
Listing Agency: RE/MAX Preferred Commercial - Madison
Listed By: Justin Witkins · License #58265-90
Source: Moodyscre
Added: Jul 1 Changed: Jul 27 Last Checked: Jul 27 at 9:59PM

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 RE/MAX Preferred Commercial - Madison

Investment Insights

Based on property information with market context.

This redevelopment parcel includes an existing convenience store/gas station and is positioned for either rehabilitation or repositioning into a new commercial asset. Retail Business zoning is noted as supporting significant flexibility in use and density. The previous gas tanks have been removed and remediated, leaving the property ready for the next phase of development.

The property is located at 5450 Monona Dr in Monona, WI, on a main street with traffic counts noted in the remarks. It is also described as being adjacent to larger metro areas, providing convenient access to surrounding demand drivers.

The site includes an existing convenience store/gas station structure of approximately 2,110 square feet, offering a foundation for an investor or operator looking to redevelop on a single parcel.

Key Highlights

  • Prime redevelopment parcel in Monona, WI with retail business zoning for flexible redevelopment and use/density
  • Existing convenience store/gas station site with option to purchase and revive or reposition as a new asset
  • Zoning supports quick serve restaurants, mixed‑use, retail/office space, or multi‑family

Property Analytics

Current Use

Gas stations

Suggested Use

Top Pick Parking Lot & Garage HVAC Service Bakery Plumbing Service Storage Facility Grocery & Convenience Store

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

545
Businesses Nearby

Demographics for 53716, WI

19,105
Population
8,668
Households
2.2
Avg Household Size
43
Median Age
51%
College-Educated
96%
High-School Grad
6.3 sq mi
ZIP Area
3,033
Density / Sq Mi
$89,225
Median Household Income
$52,338
Median Earnings
$1,264
Median Rent
$325,400
Median Home Value

Market

Vacancy Rate% for Retail in Midwest region

8% 2020
7.3% 2021
6.5% 2022
6% 2023
5.7% 2024
6.3% 2025
Rey
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Gas station - Retail business zoning and remediated former gas tanks make this convenience store site flexible for redevelopment or reuse.
Where is this gas station located?
The property is located at 5450 Monona Dr 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 in Monona, WI with retail business zoning for flexible redevelopment and use/density; Existing convenience store/gas station site with option to purchase and revive or reposition as a new asset; Zoning supports quick serve restaurants, mixed‑use, retail/office space, or multi‑family
(608) 843-5663 Call to check price and availability
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