6506 Normandy Lane

Madison, WI 53719
Square Ft.
7,000
$950,000
Exceptional opportunity to purchase a fully built-out chiropractic and wellness facility in a highly desirable west side location. This expansive space features over 6,000 square feet and is thoughtfully designed with five separate units, offering flexibility for multiple practitioners or complementary services. The layout is ideal for chiropractic care, physicalRead MoreRead Less
Presented by: Assured CRE LLC 608-338-4410
Listing Snapshot
Days Online
8
Last Updated
Property Type
Business/Comm
Square Ft.
7,000
Year Built
1983
MLS Number
2020055
30 Days Snapshot Of 53719
$414k
+3%
(avg) sold price
47
+51%
homes sold
23
-45%
(avg) days on market
Snapshot
Area Map
Additional Details
Building
Estimated age: 1983, 2 stories, 7,000 square feet, 6,475 leasable square feet, Unit 1 is 3,240 gross square feet, Unit 2 is 600 gross square feet, Unit 3 is 1,160 gross square feet, Approximate building dimensions: 50x70
Exterior Features
Brick
Water Features
Municipal sewer, Municipal water
Heating
Natural gas
Heating & Cooling
Forced air
Interior Features
Minimum ceiling height: 8, Maximum ceiling height: 8
Miscellaneous
Gross operating income: $84,840, Annual operating expense: $18,700, Net operating income: $66,140, Unit 1 base annual rent: $61,080, Unit 2 base annual rent: $5,040, $3,240 unit 1 annual rent per square foot, $600 unit 2 annual rent per square foot, $1,160 unit 3 annual rent per square foot
Parking
Onsite parking: 14, Parking fees per month: $0, 21-35 spaces
Property
Zoning: com
Roof
Composition
Taxes
Tax year: 2025, Net taxes: $13,192
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Brad Brethouwer
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