1050 Edge Trl Verona, WI 53593-2006

This exceptional redevelopment opportunity presents a 1.5-acre site in Verona, Wisconsin, ideally located at 1050 N Edge Trail, zip code 53593. The property, zoned Suburban Commercial (SC), boasts high visibility along North Main Street and is surrounded by thriving local businesses, schools, and parks. Currently featuring a single, four-story, 6,457 square foot building constructed in 2000, the site offers significant potential for redevelopment. The existing structure includes 64 apartment units and 67 parking spaces. This prime location in Dane County offers investors a chance to capitalize on the strong demand for multifamily housing in the area. Detailed site surveys and existing building floor plans are available upon request. The asking price for this unique investment property is $1,995,000. This multifamily project presents a compelling opportunity to create a thriving residential community in a desirable location. The property's existing infrastructure provides a solid foundation for a successful redevelopment project. The high visibility and convenient location make this an attractive investment for experienced developers seeking a high-return opportunity. The substantial lot size allows for flexibility in design and development plans.