731-735 Jenifer St Madison, WI 53703
- Commercial real estate
- 6,610 SF
Current Use by Public Records
- Commercial real estate
Property Details for 731-735 Jenifer St
- Property size
- 6,610 SF
- Property type
- Commercial real estate
Description
This exceptional investment opportunity presents a 6,610 square foot commercial property located at 731-735 Jenifer Street in Madison, Wisconsin. The property comprises two adjacent buildings, originally connected by the previous architect owner. One building features approximately 1,700 square feet of office space, currently vacant but offering significant redevelopment potential. The second building houses six apartments, currently exhibiting a mix of occupancy. Two units are occupied, while four remain vacant, presenting a chance to increase rental income through renovations and lease-up. The property sits on a lot with no acreage listed. The asking price for this multi-use property is $1,875,000. Given the combination of office and residential space, this property offers a unique opportunity for investors seeking diverse income streams and value-add potential. The vacant office space could be repurposed for a variety of commercial uses, while the apartments provide immediate rental income, albeit with some units requiring attention. Serious inquiries only. Showings are by appointment only. Further details are available upon request. Please note that additional information may be found under MLS#1982101.
Value Estimation
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CAP approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Madison
- County
- DANE
- State
- Wisconsin
- Longitude
- -89.3716
- Latitude
- 43.0772
