Redevelopment Parcel in Monona,
For Sale
$1,500,000
5450 Monona Drive, Monona, WI 53716
Prime Monona parcel suitable for redevelopment with versatile zoning.
Property SizeContact for details
Lot Size0.50 Acres
Days on Market151
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
Changed: Jul 10
Last Checked: Aug 5 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 RE/MAX
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
Current Use
Location Intelligence
Trade Area within ½ mile
545
Businesses Nearby
Explore this area
Business Placement
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
Questions? Ask Rey
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Frequently Asked Questions
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.
