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1 Sherman Terrace
Madison WI 53704 US

$699,900

Active Listing ID 2035406
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3,672 square feet
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Lot: 0.39 Acres
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Other

$699,900

Active Listing ID 2035406
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1 Sherman Terrace Rare near-east-side commercial opportunity steps from Tenney Park & Lake Mendota. This 3, 672 SF single-story brick building sits on its own exclusive-use 0.385-acre parcel within Sherman Terrace Condominium Homes. Two storefront entries, abundant windows & a full-length covered walkway offer great visibility and flexible office/professional layouts. Large on-site surface parking lot. Owner holds the exclusive right to alter, expand or build new improvements on the parcel, subject to zoning, creating redevelopment & value-add potential. Exempt from residential HOA dues; owner pays only a 2.48% share of water/sewer, admin & master insurance. Minutes to the Capitol, East Washington corridor & downtown. Bank-owned, sold AS-IS. Buyer to verify square footage, zoning (TR-V2), permitted uses & all easements. Condo documents available upon request.

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Property Features

  • Facts
  • Lot Size: 0.39 Acres
  • Property Type: Commercial Sale
  • Property Sub-type: Other
  • Features
  • Roof Type: Membrane, Flat

Property

  • propertytype: Commercial Sale
  • propertysubtype: Other
  • listprice: 699900
  • unparsedaddress: 1 Sherman Terrace
  • postalcity: Madison
  • stateorprovince: WI
  • country: US
  • postalcode: 53704
  • bathroomsfull: 0
  • bathroomshalf: 0
  • bathroomsonequarter: 0
  • bathroomsthreequarter: 0
  • lotsizeacres: 0.385
  • lotsizeunits: Acres
  • lotsizearea: 0.385
  • livingarea: 3672
  • livingareaunits: Square Feet
  • latitude: 43.096258
  • longitude: -89.366903
  • listagentfullname: David Baehr
  • listagentemail: David@baehrinc.com
  • listagentkey: 3yd-SCWMLSWI-3094
  • listagentmlsid: 3094
  • listagentpreferredphone: 6082136686
  • listagentofficephone: 6088342600
  • listofficekey: 3yd-SCWMLSWI-1598
  • listofficemlsid: 1598
  • disclaimer: Copyright © 2026 REALTORS® Association of South Central Wisconsin. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
  • sourcesystemid: SCWMLSWI
  • yearbuilt: 1949
  • listagenturl: www.BaehrInc.com
  • countyorparish: Dane
  • parcelnumber: 0709-124-1301-3
  • numberofunitstotal: 1
  • fireplaceyn: False
  • transactiontype: ForSale
  • storiestotal: 0
  • parkingtotal: 0
  • roof: Membrane, Flat
  • waterfrontyn: False
  • franchiseaffiliation: None
  • interiorfeatures: Alley, Private Restrooms, Less than 440 volt, Reception area, Signage available, Display window, Security fence, Inside storage, Outside storage, Private office(s), 400 AMP, Fencing, Gas Hot Water Heater
  • securityfeatures: Security
  • otherstructures: Storage
  • dock: False
  • poolprivateyn: False
  • spayn: False
  • fencing: Fenced
  • internetaddressdisplayyn: True
  • internetautomatedvaluationdisplayyn: True
  • internetconsumercommentyn: True
  • location: -89.366905, 43.096256
  • customfields: {"AdditionalInformation":{}, "AlternatePrices":[], "BrokerName":"American, REALTORS", "BuilderEmail":null, "BuilderFax":null, "BuilderPhone":null, "City":null, "Country":null, "CustomSourceId":null, "Expenses":[], "GeocodeOptions":null, "LeadRoutingEmail":"americanrealtorsmadison@gmail.com", "ListBrokerageCity":"Sun Prairie", "ListBrokerageCountry":"US", "ListBrokerageEmail":"americanrealtorsmadison@gmail.com", "ListBrokerageLogoUrl":"http://lh.rdcpix.com/414426618f9211e493c06ecbe8fd6c0ek-c14006112r.png", "ListBrokerageName":"American, REALTORS", "ListBrokeragePhone":"(608) 834-2600", "ListBrokeragePostalCode":"53590", "ListBrokerageStateOrProvince":"WI", "ListBrokerageUnitNumber":null, "ListBrokerageUnparsedAddress":"202 W. Main Street", "ListBrokerageWebsiteUrl":"http://www.AmericanMadison.com", "ListOfficeAddress1":"202 W Main St ", "ListOfficeAddress2":null, "ListOfficeBrokerMlsId":"1598", "ListOfficeCity":"Sun Prairie", "ListOfficeCountry":"US", "ListOfficeEmail":"cssmadison@showings.com", "ListOfficePostalCode":"53590-2908", "ListOfficeStateOrProvince":"WI", "ListPriceCurrencyType":"USD", "ListingTitle":"Business/Comm, Madison, WI", "ListingURL":null, "MLSModificationTimestamp":"2026-10-30 21:04:07", "Neighborhoods":[{"Description":null, "Name":"MADISON - C E05"}], "PostalCode":null, "RoomCount":null, "StateOrProvince":null, "Taxes":[{"TaxAnnualAmount":15476, "TaxDescription":null, "TaxYear":"2025"}], "UnitNumber":null, "UnparsedAddress":null}
  • GarageSpaces: 0
Listing Changed: 10/30/2026 9:34:01 PM GMT
Source Updated Date: 11/4/2026 12:52:41 PM GMT

Courtesy of: David Baehr, American, REALTORS, David@baehrinc.com

Copyright © 2026 REALTORS® Association of South Central Wisconsin. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.