About 3415 Parmenter Street
Prime redevelopment opportunity in Middleton along the Parmenter Street corridor. 1.107± acre high-visibility corner lot at Parmenter St & Century Ave located within Tax Increment Financing (TIF) District #5. Zoned Mixed-Use Avenue (MU-A) with Future Land Use designated Urban Mixed Use, supporting higher-density residential mixed-use development. City guidance indicates a mixed-use building with approximately 33% ground floor commercial component at this corner location. Existing building and site improvements allow immediate planning, feasibility, and entitlement work while redevelopment is pursued. Strong frontage, access, and proximity to major commuter routes, employment centers, and west Madison retail amenities. TIF assistance may be available for eligible project costs subject to City approval and development agreement. Ideal for multifamily, mixed-use rental, or condominium development. Buyer responsible for all due diligence, zoning verification, and municipal approvals.
Features of 3415 Parmenter Street
| MLS® # | 2017994 |
|---|---|
| Price | $1,975,000 |
| Square Footage | 4,186 |
| Acres | 1.11 |
| Year Built | 1977 |
| Type | Business/Comm |
| Sub-Type | Automotive |
| Status | Offer-Show |
| Detailed Status | Offer-Show |
| Net Taxes | $19,585 |
| Tax Year | 2025 |
Community Information
| Address | 3415 Parmenter Street |
|---|---|
| Area | MIDDLETON - C |
| City | Middleton |
| County | Dane |
| State | WI |
| Zip Code | 53562-1527 |
Amenities
| Features | Overhead doors, Private Restrooms, 3 phase electric, Outside storage |
|---|---|
| Parking | 56 or more spaces, Onsite, Paved |
Interior
Exterior
| Exterior | Block |
|---|---|
| Roof | Metal |
School Information
Additional Information
| Zoning | B3 |
|---|---|
| Foreclosure | No |
| Short Sale | No |
| RE / Bank Owned | No |
| Assessed Value | $1,034,600 |
| Year Assessed | 2025 |
Open House Information
Listing Details
| Office | NextHome Metro |
|---|---|
| Contact Info | Pref: 608-347-5525 |