1 Sherman Terrace, Madison, WI, 53704

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$699,900
1 Day On Site

1 Sherman Terrace
Madison, WI 53704

For Sale|Condominium|Active
0
Beds
0
Total Baths
County:
Dane
Listing courtesy of David Baehr of American, REALTORS
1 Sherman Terrace1 Sherman Terrace
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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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Listing Snapshot
Price 
$699,900
Days On Site 
1 Day
Bedrooms 
N/A
Inside Area (SqFt) 
N/A
Total Baths 
N/A
Full Baths 
N/A
Partial Baths 
N/A
Lot Size 
0.385 Acres
Year Built 
N/A
MLS Number 
2035406
Status 
Active
Property Tax 
$15,476
HOA/Condo/Coop Fees 
N/A
Sq Ft Source 
N/A
Friends & Family
Recent Activity
6 hours agoListing updated with changes from the MLS
yesterdayListing first seen on site
General Features
Acres 
0.385
Additional Property Use 
RetailOffice
Foundation 
Slab
Number Of Stories 
1
Parking 
On SitePavedEnclosedPrivateAlley Access
Property Sub Type 
Condominium
Security 
Security Fence
Sewer 
Public Sewer
Water Source 
Public
Zoning 
TR-V2
Interior Features
Cooling 
Central Air
Electric 
440 Volts
Heating 
Natural GasForced AirHot WaterZoned
Interior 
Storage
Window Features 
Display Window(s)
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Exterior Features
Construction Details 
Wood SidingBrick
Exterior 
Storage
Roof 
FlatRubberMembrane
Windows/Doors 
Display Window(s)
Listing courtesy of David Baehr of American, REALTORS



Listing information is provided by Participants of the South Central Wisconsin MLS. IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed. Information is supplied by seller and other third parties and has not been verified. Copyright 2026, South Central Wisconsin MLS Corporation. All rights reserved.
Last checked: 2026-10-27 08:37 AM UTC

Neighborhood & Commute
Source: Walkscore
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Rico Sabatini · REAL Broker LLC · 2005 W Beltline Hwy, Ste 103, Madison, WI 53713 · (608) 692-1900