43 Towne WayMadison, WI 53704
- Mixed-use properties
- 125,800 SF
Property Details for 43 Towne Way
- Lot size
- 14.00 AC
- Property size (Sq ft)
- 125,800 SF
- Property type
- Mixed-use properties
- Property subtype
- Other retail properties
Description
This exceptional redevelopment opportunity presents a prime 14-acre site in Madison, Wisconsin, encompassing a substantial 125,800-square-foot building. Located at 43 E Towne Way, 53704, in Dane County, this property is situated within a thriving regional trade area, offering significant potential for a variety of uses. Currently vacant, the single-story building presents a blank canvas for ambitious projects. The asking price is $3,900,000, translating to a price per square foot of $31. The property's mixed-use zoning allows for diverse development options, including retail, multi-family residential, medical facilities, or flexible workspace. Its expansive size and strategic location within the East Towne Mall area provide unparalleled visibility and accessibility. This is a rare chance to acquire a large-scale property in a dynamic market, poised for significant value appreciation. The property's former use as a department store provides a solid foundation for a variety of redevelopment scenarios, catering to the evolving needs of the Madison community. Investors seeking a high-impact project with substantial upside potential will find this offering particularly compelling. The 14-acre lot offers ample space for expansion and additional development, further enhancing the property's long-term value. This is an opportunity to shape the future of a key location in Madison's retail landscape.
Location Insight
- City
- Madison
- County
- Dane
- State
- Wisconsin
- Latitude
- 43.124
- Longitude
- -89.3066
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
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