Grocery Store with Apartments Above, newly remodeled

3554 E Washington Ave Madison, WI 53704

Madison
FOR SALE
Property Type:
Free Standing Building
Amount:
$1,800,000
Last Verified:
Jun 24, 2025

Daily Email Blast
0 times


Highlights

  • Fully Remodeled in 2023
  • First Floor Grocery Store
  • 2-1 bedroom, 2-2 bedroom on 2nd floor
  • Everything new: roof, plumbing, electrical, mechanics, 2nd floor sprinkler
  • Grocery includes walk in cooler & freezer, grease trap
  • Full equipment list is available
  • 30,800 Daily Traffic Count

Description

Building was fully remodeled in 2023 by Findorff, first floor is currently an ethnic grocery store with (4) apartments above. All kitchen & grocery equipment, fixtures and the business are included in the sale. The store is 3,011 SF. The apartments include 2-1 bedroom and 2-2 bedroom units. 2nd floor is 2,850 SF. Everything was new in 2023, roof, plumbing, electrical, mechanicals, sprinkler system for the 2nd floor, and equipment. Grocery includes walk in cooler & freezer, grease trap, full equipment list is available, Kessenich provided and installed the equipment. Parking is available on site, on the side street, and extra parking across E Washington in the Auto Zone parking lot. The city provided a pedestrian crossing light for this purpose. Grocery business could be for lease or the sellers could lease the grocery business back from the buyers.

East Washington near Hwy 51


Year Built: 1945
Building Size: 8872sq ft
Lot Size: 0.19 acres


Documents

Sale Brochure

Map of 3554 E Washington Ave, Madison, WI, 53704

Presented by:

Request additional information


Send a message
Share this Listing

Not Interested In This Property? TheBrokerList.com Can Help
Looking for an office, retail space, warehouse or anything else?
Contact a Licensed Member Today

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.