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3415 Parmenter Street Middleton, WI 53562 Commercial - Business Active

  • 3415 Parmenter Street, Middleton, WI 53562 Main Photo

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Description

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.

Property Highlights

Property Type: Commercial - Business
Year Built: 1977

General Information

County: Dane
Listed By:
NextHome Metro Pref: 608-347-5525
SCWMLS
$2,450,000
Est. $15,563/mo

Listing Courtesy of: NextHome Metro
Agency Contact: Pref: 608-347-5525
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Active
SQUARE FEET4,186 MLS#2017994
STATUSActive PROPERTY TYPECommercial - Business

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3415 Parmenter Street, Middleton, WI 53562.

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Loan Type FHA 30 Year FixedVA 30 year fixed30 yr Jumbo
Purchase Price $2,450,000$2,450,000$2,450,000
Down Payment $85,750$0$490,000
Monthly Mortgage Amount $14,230$14,804$11,438
Taxes $3410$3410$3410
Insurance $100$100$100
HOA/Dues/Fees $0$0$0
Monthly Mortage Insurance $1,469$0$0
Monthly Estimated Total $19,824$18,929$15,563

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