Office Building Or Re-Development Site On E Washington

521 E Washington Ave Madison, WI 53703

521 E Washington Ave, Madison, WI, 53703
521 E Washington Ave, Madison, WI, 53703
FOR SALE
Property Type:
Medical/Healthcare
Amount:
$1,000,000
Last Verified:
Sep 23, 2019

Highlights

  • Corner of E Washington & S Blair
  • 45,100 Daily Traffic on E Washington
  • Signaled Intersection
  • On-Site Parking
  • Just 5 Blocks From The Capitol Square

Description

Prime corner commercial property at intersection of E Washington and S Blair streets. With 45,000+ daily traffic, this property is incredibly visible and easy to find. Property sits directly between the Capital Square and the newly emerging E. Washington development corridor. Existing brick/stucco building is currently configured as a two-tenant property but can easily be a single tenant property. Perfect property for Chiropractic/Wellness/Dental/Law/Engineering firm Etc. or as a potential re-development site. Building was formerly home to the WI Chiropractic Assoc. and an engineering firm. Note: Landlord may consider leasing the property for the right tenant and terms.

Located on the corner of E Washington Ave and S Blair Streets, 5 blocks from the Capitol Square, 4 blocks from E Gorham or John Nolen Dr.


Year Built: 1958
Building Size: 5013.0sq ft
Building Class: B
Lot Size: 0.24 acres

Map of 521 E Washington Ave, Madison, WI, 53703

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What are Real Estate Incentives?

Real Estate incentives range widely and have been overlooked by the Commercial Multiple Listing Services (MLS) for decades. Real estate incentives is a generic term used to group any number of programs, such as tax incentives, that are designated by an agency for a geographic area."

Why are Real Estate Incentives Important and to Whom?

"Incentives" are vital today and in the future because:

  • U.S. Public: Many incentives focus on job creation and Affordable Housing
  • Investors and Commercial Developers use incentives to reduce financial risk, obtain gap financing, etc. Investors and developers look for property listings with incentives available.
  • Commercial Real Estate Brokers, in mass, unfortunately do not know about incentives tied to their listings
  • Entire Supply Chain of Real Estate Development such as small and large companies who will provide goods and services to new and revitalized properties.