3415 Parmenter Street, Middleton, WI 53562
Dane County
Key Facts
Listing Courtesy: NextHome Metro - Pref: 608-347-5525
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 Information
Property Type
Commercial Sale
Sub-Type
Business
Stories
1
Lot Size
1.11 acres
Zoning
B3
Days on Market
61
MLS® Listing#
2017994
Property Features
Exterior
Heating
Parking
Construction
Foundation
Roof
Sewer
Water Source
Financial Details
Annual Taxes
$19,585
Tax year 2025
Assessed Value
$1,034,600
Directions
Beltline to Parmenter St north, approx. 0.6 mi past University Ave. Corner of Parmenter St & Century Ave, west side of street.
Affordability Calculator
$395,000
Estimated monthly payment
$10,512/mo
Principal $1,580,000 · Est. interest $2,204,241 over 30 yrs
Neighborhood Market Statistics
How this home compares to active listings in Middleton, WI
- $550,000
- Median Listing Price
- 62
- Median Days on Market
- 1,989
- Median Sq Ft
- $263
- Median Price / Sq Ft
- 148
- Active Listings
- This home’s price is 259% above the area median.
Market statistics compiled from active EXIT Realty® and MLS listings in Middleton, WI.
Location
Getting Around
Points of Interest in Middleton, WI
Showing the Middleton area map.
Nearby Schools
Northside Elementary School
Elementary · 0.4 mi away
Kromrey Middle School
Secondary · 0.6 mi away
St. Andrew Lutheran Church
Elementary · 0.6 mi away
Westside Christian School
Secondary · 0.6 mi away
21st Century Eschool
School · 0.7 mi away
Primrose Schools
Elementary · 0.7 mi away
Middleton High School
Secondary · 0.9 mi away
Clark Street Community School
Secondary · 0.9 mi away
Clubhouse for Kids II
School · 1.0 mi away
Sauk Trail Elementary School
Elementary · 1.2 mi away
Middleton-Cross Plains Area School District
Secondary · 1.3 mi away
Elm Lawn Elementary School
Elementary · 1.7 mi away
Peace Thru Christ Lutheran School
Elementary · 2.2 mi away
St Peters School
School · 2.5 mi away
High Point Church
School · 2.5 mi away
Walbridge School
Secondary · 2.6 mi away
St Ambrose Academy
School · 2.7 mi away
Madison Community Montessori School
Elementary · 2.7 mi away
Spring Harbor Middle School
Secondary · 2.9 mi away
Crestwood Elementary School
Elementary · 2.9 mi away
Commute Calculator
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| Address | Price | Beds | Baths | Sq Ft |
|---|---|---|---|---|
| 10013 Shadow Ridge Trail, Middleton, WI | $1,400,000 | 4 | — | 3,711 |
| 6833 Phil Lewis Way, Middleton, WI | $1,425,000 | 4 | — | 4,656 |
| 4607 Sumac Road, Middleton, WI | $1,475,000 | 5 | — | 4,420 |
| 4516 Nina Lane, Middleton, WI | $1,495,000 | 5 | — | 5,188 |
| 4498 Nina Lane, Middleton, WI | $1,499,900 | 5 | — | 5,354 |
| 3702 Pheasant Branch Road, Middleton, WI | $1,500,000 | 3 | — | 2,427 |
