5525 Portage Road Madison, WI ^$ 975,000

5525 Portage Road

^$ 975,000

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5525 Portage Road

Madison, WI, 53704

^$ 975,000

Studio Baths0.0 Sq 5,500

Monthly Estimate*

^$ 5,839

Listed by Quorum Enterprises, Inc

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Studio

Commercial Property for sale in Madison, WI

for $975,000. This 5,500 square foot building was built in 1988.

Award winning Inn since 2000. Residential prop w/ CUP. Madison address but Town of Burke w/ lower res taxes and no occ tax. Country estate w/5500sf on 2.5 wooded acres, 6 miles to the Capital. Main living areas located upstairs include gourmet kitchen w/ stainless appliances, pantry, office w/skylights. Laundry up & down, wine cellar, ample storage rooms & 3 freezers, employee bath. Features 4 guest rooms + ownerâs quarters w/ priv baths, jetted tubs, sep showers, fireplaces, king-sized beds, priv balconies. Guests enjoy the wood stove, lounge, library, dining room & gathering room w/ guest kitchen, theater room, gift shop, outdoor cedar gazebo, beautiful views. Newer 24x40 garage for autos, equipment and storage and 5 parking spaces for guests.

Commercial Active

Price

^$ 975,000

Bedrooms

Studio

Property Type

Commercial

Taxes

^$ 8,304

Style

Motel/Hotel/Bed & Brkfst

Year Built

1988

Town/City

Madison

County/Region

Dane

MLS | Web ID

1982175

Features

General

Lease Type None

Roof Composition

Zoning RR-2

Occupancy Owner

Tenant Pays N/A

County Dane

Miscellaneous Internet -Fiber Available Internet - Fixed wireless

Class Business/Comm

Present Use Motel/Hotel/Bed & Brkfst

Net Income 10500

Location Residential area

Tax Year 2023

Gross Income 78500

Fuel Natural gas Electric Wood

Status Active

Year Built 1988

Directions From I94/39 take Hwy 151 exit toward Madison to Portage Rd. Turn right and follow approx 3 miles. Turn left at Speckled Hen Inn sign.

City Burke

DOM 56

Price Per Sq Ft Total AG 177.27

Open House Date No

County Qtr Section Dane NE

Exterior

Exterior Vinyl

Lot Size Area 2.52

Interior

Total Number of Units 1

Heating/Cooling Central air Other Wall furnace

Stories 2

* Excluded Features

List By

Quorum Enterprises, Inc

Broker

(920) 490-7446

Phone

ls@quorumrealty.org

Affordability Calculator

$6,531

Per Month

Monthly Principal & Interest: $5,839
Monthly Property Taxes: $692
Monthly Home Insurance: --

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Yearly Home Insurance

Default based on a 30-year fixed rate of 5.99% 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 ^$1,006,029

Percent of Sale Price 3%

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
7/24/2024	$975,000		Listed Price

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5525 Portage Road, Madison, WI, 53704 is a Commercial Property for sale at $975,000 with 5,500 sqft. 5525 Portage Road is a studio with 0.0 baths and was built in 1988. The property's zip code is 53704 which is in Madison, WI

*Information deemed reliable but not guaranteed.

Financial calculator disclaimer: Default based on a 30-year fixed rate of 5.99% 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 9/21/2024.

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5525 Portage Road

Commercial Property for sale in Madison, WI

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