Sprecher & Milwaukee, Madison, WI
Land for Sale - $1,375,000 - 5,600 Sq. Ft. on 3 acres
Property Info
| CIMLS# | 856333 |
| Location Sprecher & Milwaukee Madison WI 53718 | |
| Updated | February 16th, 2018 |
| Type | Land |
| Price | $1,375,000 |
| Building | 5,600 Sq. Ft. |
| Land | 3 acres |
Property Description
Land for 94-115 units plus commercial. Metro-Place is a mixed use development in a rapidly growing area. 3 acre site is fully improved: roads, utilities & storm water retention. Phase I and Soil Tests on file. Approved 94 unit building has been designed & approved by the city for this site, plans available.This area has one of the lowest vacancy rates in the Madison area, per MGE survey. 112 condo units next door are sold. Additional 3 acre site for 100 apartments and mixed use next door is ready to build on. New Fire Station now open and Steamfitters 62,500 SF training center is under construction across the street, bus stops nearby. Broker owned; 4% fee to selling broker!
Location Description:
Located just south of I94 at the corner of Sprecher Rd, a North/South feeder that is going to all 4 lanes, and Milwaukee St. Over 12,000 cars/day. Thousands of new residential units have been occupied in the area in the past few years.
Highlights:
>> 94-115 Unit site
>> Located just South of I-94
>> 94 Unit bldg designed & approved by city, plans available
>> Low vacancies, great rental area!
>> New Fire Station now open!
>> Steamfitters Training Center under construction
* Email for additional photos
Financials
Sales Info:
>> Commision split: 3.5%
