$1,975,000

0 Beds 0 Baths 4,186 Sqft

3415 Parmenter Street, Middleton, WI 53562

Property Type: Commercial
Building Type: Free Standing
Time on Market: 45 days
Price per Sqft: $472
Total Taxes: $19,585
Est. Age: 21+ Years

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 Details

Interior

Basement:
  • None, None / Slab
Heating/Cooling:
  • Forced Air, Radiant
Heat Fuel:
  • Natural Gas
Sqft:
  • Total Sqft: 4,186
  • Lot Sqft Source: Assessor/Public Record
  • Estimated Sqft Range: 3501-5000

Exterior

Parking:
  • Details: 56 or more spaces, On Site, Paved Lot
Roofing:
  • Metal
Water:
Water/Waste:
  • Municipal Water, Municipal Sewer

Misc.

Business For Sale:
  • N
Commercial:
  • Features: Overhead Doors, Restroom(s), Private Restrooms, 3 Phase Power, Outside Storage
New Construction:
  • N
Postal:
  • Code: 53562
  • Zip+4: 1527
Real Estate Included:
  • Y
Street:
  • Name: Parmenter Street
  • Suffix: STREET
Tax Year:
  • 2025
Zoning:
  • B3

Map

Listing Agent-Provided Directions:
  • Beltline to Parmenter St north, approx. 0.6 mi past University Ave. Corner of Parmenter St & Century Ave, west side of street.

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Schools and Neighborhood

Postal City:
  • Middleton
Municipality:
  • Name: MIDDLETON
  • Type: City
County:
  • DANE

Market Comparison

How this property compares to local market averages — calculated 4/23/2026

This Property
Middleton Commercial Property Avg
Dane County Commercial Property Avg
List Price
$1,975,000
$1,019,475
$822,294
Median Price
$874,497
$352,000
Price / Sq Ft
$472
$154
$120
Days on Market
45 days
70 days
226 days
Total Listings
6
121

Listing Information

  • Time on Market: 45 days
  • Place Perfect Last Updated: 2026-04-05 13:16:18
  • MLS Number: 2017994
  • Subsystem Locale: WIREX_SCW
  • Listing Office: NextHome Metro
  • Listing Agent: Katie Lichtie
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