Automotive Shop with Overhead
Madison, WI 53704 Madison, WI 53704
New
Madison, WI, 53704
$2,500,000
For Sale
$2,500,000
COMMERCIAL - Madison, WI
Property Size5,221 SF
Lot Size3.26 Acres
Price / SF$478.84
Days on Market6
Property Features
General Information
- Property type
- Commercial Sale
- Property subtype
- Other
- Standard status
- Active
- Lot size
- 3.26 Acres
Building Details
- Year built
- 2014
Listing agency
NextHome Metro
(608) 347-5525
Listed by
Katie Lichtie · License #60118-90,PersonLicenseNumber
(608) 347-5525
Added: Jul 16 Updated: Jul 20 at 4:00PM Checked: Jul 21 at 9:06AM
MLS# 1984083
Copyright © 2026 NextHome, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Investment Insights
Based on property information with market context.
Built in 2014, this automotive property features a 5,221 square foot building on a 3.26-acre site. The main office component includes a sales office with two private offices, a large reception area, and three private bathrooms.
The automotive shop totals 2,923 square feet and is served by five 10' x 10' overhead doors. Inside, the workspace is equipped with three hydraulic hoists, radiant heat, and floor drains, and includes a mezzanine for upper storage. The property also lists 200 Amp power and washer/dryer hookups.
Access is supported by proximity to I-90 and Hwy 151, approximately half a mile away. Buyer to verify dimensions listed if necessary.
The automotive shop totals 2,923 square feet and is served by five 10' x 10' overhead doors. Inside, the workspace is equipped with three hydraulic hoists, radiant heat, and floor drains, and includes a mezzanine for upper storage. The property also lists 200 Amp power and washer/dryer hookups.
Access is supported by proximity to I-90 and Hwy 151, approximately half a mile away. Buyer to verify dimensions listed if necessary.
Key Highlights
- 3.26‑acre commercial site with a 5,221 SF building built in 2014
- 2,923 SF automotive shop with five 10' x 10' overhead doors
- Shop features three hydraulic hoists, radiant heat, and floor drains
Local Financial Insights For Retail
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $112.8k | $21.60 |
| − Vacancy | −$6.1k | −$1.17 |
| EGI | $106.7k | $20.43 |
| − OpEx | −$32.0k | −$6.13 |
| NOI | $74.7k | $14.30 |
5,221 SF · lease $21.60/SF/yr · vacancy 5.40% · expense 30.00%
Alternative Uses
Best Use
Retail
$1.07M
$933.5K – $1.24M
NOI $74,679 @ 7.0% cap · market cap 2.99%
Second Best
Industrial
$393.8K
$344.6K – $459.4K
NOI $27,566 @ 7.0% cap · market cap 1.10%
Theoretical Best
Office A
$1.53M
$1.33M – $1.78M
NOI $106,759 @ 7.0% cap · market cap 4.27%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Auto shops
Similar For Sale Nearby
Similar Off Market Nearby
- Phoenix Car Care Express — E Towne Way, Madison, WI 53704
- Firestone Complete Auto Care — 4601 E Towne Blvd, Madison, WI 53704
- MGT Films - Madison, Wisconsin — 2810 Crossroads Dr #4000, Madison, WI 53718
- Summer Body Tutorials — 4230 E Towne Blvd, Madison, WI 53704
- Jiffy Lube — 1701 Eagan Rd, Madison, WI 53704
FAQs
What type of property is this?
Auto shop - Built in 2014, the property includes a 5,221 sq ft building with an automotive shop, office space, and five overhead doors.
Where is this auto shop located?
The property is located at Madison, WI.
What is the asking price?
The asking price for this property is $2,500,000.
What are key features of this property?
This property features: 3.26‑acre commercial site with a 5,221 SF building built in 2014; 2,923 SF automotive shop with five 10' x 10' overhead doors; Shop features three hydraulic hoists, radiant heat, and floor drains
