Listing Office: ALTUS Commercial Real Estate, Inc.

1401-1413 Northern Court, Madison, WI

$2,999,000

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12,326

Square feet

0.34

Acres

About 1401-1413 Northern Court

List Price Includes 1401-1413 Northern Ct. and 125 S Dickinson: Introducing a prime investment opportunity! This 12,326 SF retail building, comprised of 3 units, offers an enticing prospect for retail/street retail investors. Built in 1951 and completely renovated in 2016-2017 including new roof, drive accesses, parking, mechanicals, and interior buildouts for the three current tenants: Stateline Distillery (6,500 SF) Imaginary Factory (2,376 SF) and Creative Energy Designs (3,450 SF). This property boasts 100% occupancy, making it an attractive choice for those looking to expand their portfolio. With a TE zoning in the thriving Madison area, this property presents an ideal proposition for those seeking a well-located and fully occupied retail investment.

Features of 1401-1413 Northern Court

MLS® # 1976145
Price $2,999,000
Square Footage 12,326
Acres 0.34
Year Built 1951
Type Business/Comm
Sub-Type Retail, Office, Manufacturing, Warehouse, Industrial
Status Active
Detailed Status Active
Net Taxes $20,007
Tax Year 2023

Community Information

Address 1401-1413 Northern Court
Area MADISON - C E01
City Madison
County Dane
State WI
Zip Code 53704

Amenities

Features Alley, Overhead doors
Parking No Parking, Offsite

Interior

Exterior

Exterior Brick
Roof All flat

School Information

Additional Information

Zoning TE
Foreclosure No
Short Sale No
RE / Bank Owned No
Assessed Value $1,094,000
Year Assessed 2023

Open House Information

Listing Details

OfficeALTUS Commercial Real Estate, Inc.

Listing Map

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