43 Towne Way Madison, WI 53704

Property Details for 43 Towne Way

Lot size

14.00 lot acres

Property size

125,800 SF

Property type

Retail properties

Property subtype

Mixed-use properties

Description

This exceptional redevelopment opportunity presents a prime 14-acre site in Madison, Wisconsin, encompassing a substantial 125,800-square-foot building. Located at 43 E Towne Way, 53704, in Dane County, this property is situated within a thriving regional trade area, offering significant potential for a variety of uses. Currently vacant, the single-story building presents a blank canvas for ambitious projects. The asking price is $3,900,000, translating to a price per square foot of $31. The property's mixed-use zoning allows for diverse development options, including retail, multi-family residential, medical facilities, or flexible workspace. Its expansive size and strategic location within the East Towne Mall area provide unparalleled visibility and accessibility. This is a rare chance to acquire a large-scale property in a dynamic market, poised for significant value appreciation. The property's former use as a department store provides a solid foundation for a variety of redevelopment scenarios, catering to the evolving needs of the Madison community. Investors seeking a high-impact project with substantial upside potential will find this offering particularly compelling. The 14-acre lot offers ample space for expansion and additional development, further enhancing the property's long-term value. This is an opportunity to shape the future of a key location in Madison's retail landscape.

Location Insight

City

Madison

County

Dane

State

Wisconsin

Longitude

-89.3066

Latitude

43.124