For Sale
$1,675,000

4200 Buckeye RdMadison, WI 53716

1.77-Acre Development Opportunity near Lake Monona

Overview

Added:
Dec 11, 2024
Days on market:
123
This exceptional 1.77-acre property in Madison, Wisconsin, presents a unique investment opportunity. Currently housing a church and parsonage, the site offers significant redevelopment potential. The main church building, situated on 1.33 acres (per assessor), features generous open gathering spaces and currently includes a daycare tenant generating rental income. The accompanying parsonage home, located at 4201 Hegg Ave on a separate .44-acre lot (per assessor), adds to the overall value and versatility of the offering. The property boasts a highly desirable location, just 0.25 miles from Lake Monona and directly across from Nuestro Mundo Community School, within the vibrant Monona Drive and Cottage Grove area. The property's zoning allows for redevelopment, making it an ideal site for a variety of uses. The asking price is $1,675,000. This is a rare chance to acquire a substantial property with significant upside in a prime Madison location. The square footage includes the lower level and balcony of both the church and parsonage. Parcel number 071009314122 includes the parsonage home. The total acreage includes both the church and parsonage lots. This property has been on the market for the first time since it was built.

Highlights

  • 1.33-acre church building and a .44-acre parsonage, totaling 1.77 acres (assessor records).
  • 25-mile proximity to Lake Monona.
  • Duplex property with two church tenants.
  • Generating rental income.
  • On-site daycare.
  • Ample open gathering spaces.

Property Details for 4200 Buckeye Rd

Property type
Specialty properties, Churches & religious facilities

Location Insight

City
Madison
County
Dane
State
Wisconsin
Latitude
43.0782804
Longitude
-89.3206949
4200 Buckeye Rd, Madison, Wisconsin

FAQs

What type of property is this?
Specialty property - 1.77-Acre Development Opportunity near Lake Monona
Where is the specialty property located?
The property is located at 4200 Buckeye Rd Madison, WI.
What is the asking price?
The asking price for this property is $1,675,000.
What are key features of this property?
This property features: 1.33-acre church building and a .44-acre parsonage, totaling 1.77 acres (assessor records).; 25-mile proximity to Lake Monona.; Duplex property with two church tenants.
How can I contact the broker?
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4200 Buckeye Rd
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