4706 Cottage Grove RdMadison, WI 53716

For Sale
$995,000

Prime Madison location, high visibility, excellent income potential.

Overview

Added:
Feb 3
Days on market:
39
This exceptional 8,589 square foot commercial office building, situated on a 0.6-acre lot at 4706 Cottage Grove Road in Madison, Wisconsin, presents a compelling investment opportunity. Boasting excellent visibility from Cottage Grove Road and convenient bus line access, this well-maintained property is ideally suited for an owner-occupant seeking both workspace and rental income. The building is currently partially occupied, generating income from an existing tenant and an on-site ATM. There's significant potential to increase revenue by leasing the remaining space. Recent capital improvements significantly enhance the property's value and minimize future maintenance needs. These improvements, completed within the last five years, include a complete roof replacement, a resurfaced parking lot, and the installation of two new HVAC systems. The building is fully ADA compliant and features elevator service, ensuring accessibility for all occupants and visitors. This is a turnkey operation with minimal deferred maintenance, offering immediate income and long-term growth potential. The property is available for sale at $995,000. A separate lease opportunity is also available (MLS #1966642).

Property Details for 4706 Cottage Grove Rd

Property type
Other commercial real estate
Square Feet
8,589 SF
Year Built
1994
Lot Size (sq. ft)
26,136 SF

Location Insight

City
Madison
County
DANE
State
Wisconsin
Latitude
43.08461
Longitude
-89.30022
4706 Cottage Grove Rd, Madison, Wisconsin

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4706 Cottage Grove Rd
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