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About the Listing 2777 - 131861
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.
Listing Highlights
Status
Active With Contingency
Days on Site
38
Property Type
Commercial Sale
MLS ®
2017994
Year Built
1977
Total Square Footage
4,186
Lot/Acreage
1.11
County
Dane
Area
MIDDLETON - C
Interior Details
- Bedrooms: 0
- Bathrooms: 0 Full
- Appliances:
- Air Cond:
- Heating: Forced air,Radiant
- Fireplaces:
- Floor:
- Above Ground Sq Ft: 4186
- Below Ground Sq Ft: n/a
- Basement:
- Other:
- Water:
Exterior Details
- Garage Capacity: N/A
- Zoning: B3
- Roof: Metal
- Others: Block
- Sewer: Municipal water, Municipal sewer
Financial Details
- Tax Amount: $19,585
- Taxes w/Assessments: N/A
- Tax/Property ID: 0708-021-9430-7
- Tax Year: 2025
Payment Calculator
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Questions About..
3415 Parmenter St Middleton, WI 53562
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