Listing Office: ALTUS Commercial Real Estate, Inc.
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/Stone |
|---|---|
| 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
| Office | ALTUS Commercial Real Estate, Inc. |
|---|