Available For Sale - Office , Retail

15,394 SF | Show Pricing $

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AVAILABILITY DETAILS

Size
15,394 SF
Divisible
4,580–6,014
Price/SF
Show Pricing $
Listing ID
SA475865
Notes
Mixed-use building (former Birrenkott Appliance, Inc) located on a very highly visible corner of a major thoroughfare on the East Side of Madison WI – corner of Atwood Avenue and S Fair Oaks Avenue. - quite possibly the most sought after neighborhood in Madison and Dane County. Continuous 60 linear feet of 8.5’ tall sidewalk windows provide much natural light and street visibility. Features 4 smaller apartments above with ample off-street parking. Three parcels for sale include Retail Store with basement and 2nd floor apartments plus two Buildable Parking Lots. 3-parcel total = 15,394 sq ft. Corner Lot.

Former appliance store operated for 50+ years to retirement at the prime corner of Atwood Ave and S Fair Oaks Ave on Madison’s beautiful east side shows the longstanding success and future potential of the site. Close proximity to many destinations that creates a vibrant, bustling area. The creative Atwood Avenue neighborhood has transformed from a blue-collar district into a hip and vibrant community. Many consider this east-side neighborhood one of Madison’s most innovative due to its numerous funky shops, ethnic restaurants, and cultural opportunities. The attractiveness of the neighborhood is its small-town atmosphere, where residents can work, shop, and play all within a short walk or drive from home. It is a neighborhood that strives to maintain a diverse population, a variety of housing opportunities, and a high quality of living for all its residents, making this neighborhood a highly sought-after place to live and do business.

The City of Madison in partnership with the City of Monona have plans to reconstruct Atwood Avenue from Fair Oaks Avenue to Cottage Grove Road. The project will include new pavement, ADA-compliant curb and gutter, sidewalk, water/sewer, and street lighting. In addition to the roadway improvements, the project will include a 10-foot-wide bike path with an adjacent 5-foot-wide pedestrian path that will extend the majority of the project limits adjacent to Atwood Avenue including a new pedestrian bridge over Starkweather Creek parallel to the roadway bridge. Construction planned for 2025, City is currently trying to move it up to 2023.

Former appliance store operated for 50+ years to retirement shows the longstanding success and future potential of the site. Close proximity to many destinations that creates a vibrant, bustling area:

• Lowell Elementary School

• Olbrich Botanical Gardens

• Olbrich Park & Beach / Lake Monona

• Lake Monona Boat Launch

• Capital City Bike Path

• Madison Area Technical College

• Capital Square Downtown

• Aldo Leopold Nature Center

• The Goodman Community Center

• The Barrymore Theatre
Uses
Office
Retail

This information has been obtained from sources believed reliable. We have not verified it and make no guarantee, warranty or representation about it. Any projections, opinions, assumptions or estimates used are for example only and do not represent the current or future performance of the property. You and your advisors should conduct a careful, independent investigation of the property to determine to your satisfaction the suitability of the property for you needs.

Listing provided courtesy of
Gary Birrenkott, Birrenkott Appliance, Inc