3555 Washington AveMadison, WI 53704

  • Retail properties
  • 87,556 SF
For Sale
$2,199,000 View listing

Property Details for 3555 Washington Ave

Lot size
2.01 AC
Property size (Sq ft)
87,556 SF
Property type
Retail properties
Property subtype
Other retail properties

Description

This vacant, 24,700 square foot restaurant building presents a unique redevelopment opportunity. Situated on a 2.01-acre lot (87,556 square feet) with high visibility on East Washington Avenue in Madison, Wisconsin, this property boasts 19,700 square feet on the ground floor and a 5,000 square foot mezzanine. The property is zoned CC-T and benefits from high traffic counts (36,100 AADT). The Hawthorne-Truax Neighborhood Plan, approved in March 2023, suggests future land use as low-medium density residential, making this an ideal site for adaptive reuse or new construction. The asking price is $2,199,000, translating to $25.12 per square foot. This prime location offers significant potential for investors seeking a high-impact project in a rapidly evolving neighborhood. The property's size and zoning provide flexibility for a variety of development scenarios. The high traffic volume on East Washington Avenue ensures excellent visibility and accessibility. This is a rare chance to acquire a substantial property in a desirable Madison location with significant upside potential.

3555 Washington Ave, Madison, Wisconsin

Location Insight

City
Madison
County
Dane
State
Wisconsin
Latitude
43.1146
Longitude
-89.3256

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