Northern Court Retail

1401-1413 Northern Ct Madison, WI 53703

1401-1413 Northern Ct, Madison, WI, 53703
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FOR SALE
Property Type:
Street Retail
Amount:
$2,999,000
Last Verified:
Apr 17, 2024

Highlights

  • - 12,326 SF retail building
  • - 3 units for versatile investment opportunities
  • - Completely renovated in 2016-2017
  • - Prime location in the Madison area
  • - 100% occupancy for immediate returns

Description

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.

The location offers prime opportunities for retail businesses at Northern Court. Situated one block off Williamson, 3 blocks off E Washington, and 1.5 miles from the Capitol Square, this vibrant area is renowned for its bustling retail scene, foot, and bike traffic. Nearby, visitors can explore the variety of local shops, trendy eateries, and cultural attractions. The area also boasts an eclectic mix of entertainment options, parks, and community events, making it a sought-after destination for both locals and visitors. The energy and character of this neighborhood make it an ideal setting for retailers looking to establish a strong presence in a thriving and dynamic community.


Year Built: 1951
Building Size: 12326sq ft
Lot Size: 0.34 acres


Documents

Sale Brochure

Map of 1401-1413 Northern Ct, Madison, WI, 53703

Presented by:
ALTUS Commercial Real Estate

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Jeff Jansen


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What are Real Estate Incentives?

Real Estate incentives range widely and have been overlooked by the Commercial Multiple Listing Services (MLS) for decades. Real estate incentives is a generic term used to group any number of programs, such as tax incentives, that are designated by an agency for a geographic area."

Why are Real Estate Incentives Important and to Whom?

"Incentives" are vital today and in the future because:

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