5264 Verona RdFitchburg, WI 53711

Property Details for 5264 Verona Rd

Year built

1972

Lot size

1.21 AC

Property size (Sq ft)

9,975 SF

Property type

Sports & entertainment properties

Property subtype

Other specialty properties

Description

This exceptional mixed-use property, located at 5264 Verona Rd in Fitchburg, WI, presents a unique investment opportunity. The 9,975 square foot building, constructed in 1972 and extensively renovated in 2015 by Supreme Structures of Madison, boasts a prime location with over 50,000 vehicles passing daily. The property features a fully sprinkler-protected interior, a new roof still under warranty, and two high-temperature furnaces along with a new dehumidifier unit. Previously operating as a high-intensity training center and event space, this versatile building is zoned G2 and sits on a 1.206-acre lot, offering ample parking. The floor plan is available upon request. The asking price is $2,000,000 ($200.50/sq ft), and the property is eligible for a 1031 exchange. The building is also available for lease. The business is not included in the sale. This property is situated within a Tax Increment Financing (TIF) district, offering potential tax advantages (documentation available). Its adaptable design makes it suitable for various uses, including a restaurant, easily capitalizing on its high visibility and convenient location. This is a rare chance to acquire a well-maintained, high-traffic commercial property in a thriving Dane County location.

Location Insight

City

Fitchburg

County

Dane

State

Wisconsin

Latitude

43.0208

Longitude

-89.4714

FAQs

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