1 Sherman Terrace, Madison, WI 53704

Property Description

Rare near-east-side commercial opportunity steps from Tenney Park & Lake Mendota. This 3,672 SF single-story brick building sits on its own exclusive-use 0.385-acre parcel within Sherman Terrace Condominium Homes. Two storefront entries, abundant windows & a full-length covered walkway offer great visibility and flexible office/professional layouts. Large on-site surface parking lot. Owner holds the exclusive right to alter, expand or build new improvements on the parcel, subject to zoning, creating redevelopment & value-add potential. Exempt from residential HOA dues; owner pays only a 2.48% share of water/sewer, admin & master insurance. Minutes to the Capitol, East Washington corridor & downtown. Bank-owned, sold AS-IS. Buyer to verify square footage, zoning (TR-V2), permitted uses & all easements. Condo documents available upon request.