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Property summary
This exceptional 36,850-square-foot flex space at 2180 Pennsylvania Ave, Madison, WI 53704, is offered at $4,250,000. The property, a single-unit, Class C industrial building, boasts 108,768 square feet of net rentable area on a 108,768 square foot lot. Built in 1965 and renovated in 2009, it features a pre-engineered steel structure with concrete components, offering a 22-32' ceiling height. The building includes one loading dock, seventeen parking spaces, and is zoned for Industrial Limited use. Ideal for fleet/vehicle maintenance, warehousing, storage, or light manufacturing, this property benefits from a vehicular and pedestrian easement over adjacent land, providing potential for an additional access point beyond the primary Pennsylvania Ave entrance. The property's layout includes three drive-thru bays, a wash bay, and a storage wing with drive-thru bay and recessed dock. This owner-user investment opportunity presents a unique blend of functionality and location in a thriving Madison market. The property is a NNN lease type.
Property profile
VerifiedCap rate & NOI
Location
Value estimations
Owner & transaction history
Zoning & alternative use
This district provides for a mix of light manufacturing uses and offices and warehousing and flex space and limited storage and warehousing and limited retail and service uses that primarily serve the industrial uses des…
Comparables
6 recent transactions · within 1.5 miComparable in this City
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Value estimation
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Cap rate
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Price sensitivity
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Property tax & assessments
Tax year 2022Property description
Physical attributes from public recordsZoning & alternative use
IL · Madison, WIThis district provides for a mix of light manufacturing uses and offices and warehousing and flex space and limited storage and warehousing and limited retail and service uses that primarily serve the industrial uses des…
Zoning
The recorded zoning designation, what the district officially allows, and the municipal source it comes from.
Zoning designation
Official district profile
This district provides for a mix of light manufacturing uses and offices and warehousing and flex space and limited storage and warehousing and limited retail and service uses that primarily serve the industrial uses des…
What can be built and operated here — officially.
The district profile from the municipal source: what is on file for IL in Madison, WI.
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