4906 Femrite Drive Madison, WI ^$ 979,000

4906 Femrite Drive

^$ 979,000

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4906 Femrite Drive

Madison, WI, 53716

^$ 979,000

Studio Baths0.0 Sq 9,084

Monthly Estimate*

^$ 6,839

Listed by Key Commercial Real Estate, LLC

4906 Femrite Drive, Madison, WI 53716 - Image 1

4906 Femrite Drive, Madison, WI 53716 - Image 2

4906 Femrite Drive, Madison, WI 53716 - Image 3

4906 Femrite Drive, Madison, WI 53716 - Image 4

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4906 Femrite Drive, Madison, WI 53716 - Image 9

Studio

Commercial Property for sale in Madison, WI

for $979,000. This 9,084 square foot building was built in 1983.

Rare opportunity to acquire a 9,084 SF office/warehouse building ideal for multi-tenant or owner occupant near Hwy 51 and the Beltline. The majority of original structure was razed in 2015 and a complete renovation of the building was done including ground up new construction of the office space and the addition of 2 warehouse bays. The building is currently 100% occupied with staggered lease expirations to provide flexibility for owner occupant to expand over time or continue to offset costs with rental income.

Commercial Active

Price

^$ 979,000

Bedrooms

Studio

Property Type

Commercial

Taxes

^$ 14,380

Style

Office,Warehouse

Year Built

1983

Town/City

Madison

County/Region

Dane

MLS | Web ID

1965502

Features

General

Lease Type Gross Other

Roof N/A

Zoning IL

Tenant Pays N/A

County Dane

Class Business/Comm

Present Use Office Warehouse

Net Income 0

Location Free standing

Tax Year 2022

Gross Income 0

Fuel N/A

Status Active

Year Built 1983

Directions From Dutch Mill Rd head E. towards Femrite Dr.

City Madison

Street Name Femrite

DOM 198

Price Per Sq Ft 107.77

Open House Date No

County Qtr Section East Metro Madison

Exterior

Exterior Brick Vinyl

Lot Size Area 0.87

Interior

Total Number of Units 4

Heating/Cooling Forced air Radiant

Stories 1

* Excluded Features

List By

Key Commercial Real Estate, Llc

Broker

(608) 729-1800

Phone

info@keycomre.com

Affordability Calculator

$8,037

Per Month

Monthly Principal & Interest: $6,839
Monthly Property Taxes: $1,198
Monthly Home Insurance: --

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Down Payment

Loan Term

Interest Rate

Yearly Property Taxes

Yearly Home Insurance

Default based on a 30-year fixed rate of 7.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

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Nearby

Trends
Schools

Commerical listings in Madison, WI

Average List Price ^$738,523

Percent of Sale Price 25%

About Madison, WI

252,062 Population

21% Since 2002

^$58,415 Median Income

34.31 Median Age

21% Households with Children

View more area information

Trends Information provided by ATTOM Data Solutions.

1568291 Elementary School

1568554 Middle School

Unknown High School High School

See complete school information

Pricing History

Date	Price	Price Change	Description
2/29/2024	$979,000	-4.02%	Price Down
10/11/2023	$1,020,000		Listed Price

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4906 Femrite Drive, Madison, WI, 53716 is a Commercial Property for sale at $979,000 with 9,084 sqft. 4906 Femrite Drive is a studio with 0.0 baths and was built in 1983. The property's zip code is 53716 which is in Madison, WI

*Information deemed reliable but not guaranteed.

Financial calculator disclaimer: Default based on a 30-year fixed rate of 7.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

The data relating to real estate for sale on this web site comes in part from the Internet Data Exchange Program of the South Central Wisconsin Multiple Listing Service. Real Estate listings held by brokerage firms (licensees) other than Weichert Realtors are marked with the SCWMLS approved logo and detailed information about them includes the name of the listing brokers.

The information being provided is for consumers personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

This information, provided by seller, listing broker, and other parties, may not have been verified.

Data is updated as of 5/1/2024.

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4906 Femrite Drive

Commercial Property for sale in Madison, WI

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