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Listed with NextHome Metro
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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.
| LAST UPDATED | 3/8/2026 | YEAR BUILT | 0 |
|---|---|---|---|
| COUNTY | Dane | STATUS | Active |
| PROPERTY TYPE(S) | Commercial |
| ADDITIONAL DETAILS | |
| CONSTRUCTION | Block |
|---|---|
| EXTERIOR | Storage |
| HEAT | Forced Air, Natural Gas, Radiant |
| LOT | 1.107 acre(s) |
| MLS STATUS | Active |
| PARKING | On Site, Paved |
| SEWER | Public Sewer |
| STORIES | 1 |
| TAXES | 19585 |
| WATER | Public |
MORTGAGE CALCULATOR
TOTAL MONTHLY PAYMENT
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*Estimate only
Listed with NextHome Metro
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