3313 University Ave Madison, WI 53705-2136

Property Details for 3313 University Ave

Year built

1949

Lot size

2.61 lot acres

Property size

11,225 SF

Zone code

CC-T

Property type

Grocery and convenience stores

APN

0709-201-0102-2

APU

70920101022

Description

This exceptional commercial property, located at 3313 University Avenue in Madison, Wisconsin, presents a unique investment opportunity. The 36,623 square foot building, constructed in 1949 and renovated in 1995, is currently configured as a single-tenant retail space with a special purpose designation as an ATM/ITM drive-thru facility for a financial institution. While the building's interior is not available, this offering focuses on the highly desirable drive-thru component. Currently, 2,500 square feet are vacant, representing a significant opportunity for a financial institution seeking a prominent location. The property boasts a prime position on University Avenue, a major thoroughfare connecting Madison's west side to the downtown area and the University of Wisconsin-Madison campus. Its proximity to UW Hospital further enhances its appeal. The single-story building features electric power and benefits from a prominent location on the former Whole Foods site, including two-thirds ownership of the pylon sign. The property is zoned commercial and is situated near the intersection of University Avenue and Hill Street, in zip code 53705. This is a rare chance to secure a high-visibility drive-thru location without the overhead of extensive interior space, ideal for a financial institution seeking to serve customers efficiently and cost-effectively. No parking spaces are included with this offering.

Location Insight

City

Madison

County

Dane

State

Wisconsin

Longitude

-89.4442

Latitude

43.0746

CBSA code

31540

CBSA name

MADISON, WI METROPOLITAN STATISTICAL AREA

Property Tax & Assessments