4201 Washington AveMadison, WI 53704

Property Details for 4201 Washington Ave

Year built

1965

Lot size

3.86 AC

Property size (Sq ft)

6,144 SF

Zone code

CC-T

Property type

Retail properties

Property subtype

Community centers

APN

0810-284-0808-8

APU

81028408088

Description

Essex Square, located at 4201 E Washington Ave in Madison, Wisconsin, presents a compelling retail investment opportunity. This multi-tenant commercial property boasts a total of 44,772 square feet, with 10,028 square feet currently vacant and available for lease. The property offers flexible space options, accommodating tenants seeking anywhere from a minimum of 750 square feet to a maximum contiguous space of 4,698 square feet. Its prime location in Dane County, within the vibrant city of Madison (zip code 53704), ensures high visibility and accessibility for businesses. The property's strategic placement on E Washington Ave provides excellent exposure to significant foot traffic and vehicular access. This is an exceptional chance to establish or expand a retail presence in a thriving Madison market. The available spaces are ideal for a variety of retail uses, offering a unique opportunity to tailor the space to meet specific business needs. Interested parties are encouraged to inquire about lease terms and availability. The property is situated at 43.125287 latitude and -89.3103749 longitude.

• CAP approach

  CAP return

  Valuation

  6%

  $1,630,777

  6.5%

  $1,505,333

  7%

  $1,397,809

• Comparable approach

  Method

  Valuation

  Relative Method

  $1,571,871

  Geo Method

  $2,016,645

• Alternative Use

  Use

  Valuation

  Residential

  $1,269,804

  Hospitality

  $1,163,134

  Educational

  $967,714

  Medical

  $1,000,995

  Retail

  $1,505,333

Location Insight

City

Madison

County

Dane

State

Wisconsin

Latitude

43.1253

Longitude

-89.3104

CBSA code

31540

CBSA name

MADISON, WI METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

FAQs

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