510-516 S Park Street new Save Request In-Person Tour Request Virtual Tour
Madison,WI 53715
Key Details
Property Type Commercial
Sub Type Retail,Office,Restaurant/Supper Club,Beauty/barber,Apartment building
Listing Status Active
Purchase Type For Sale
Square Footage 5,386 sqft
Price per Sqft $222
MLS Listing ID 2008490
Year Built 1933
Annual Tax Amount $14,043
Tax Year 2024
Lot Size 7,361 Sqft
Property Sub-Type Retail,Office,Restaurant/Supper Club,Beauty/barber,Apartment building
Property Description
Rare opportunity to own 2 buildings, 2 commercial spaces, 4 apartments, oversized two car garage with ample parking on the booming S Park St corridor! This property is adjacent to Vilas/Greenbush neighborhood and walkable to everything downtown! The commercial tenants include Cordial Bar, where the motto is, "Outside's a Dive, Inside's a Vibe". They have been in business for 4 years and have an initial 10 year lease term. The adjacent commercial tenant has been there for years, as a well established business, Spike-O-Matic Tattoo. There are 2 large apartments above the commercial spaces. There is an additional 2 flat included, just North of the primary building. With well established commercial tenants, renovated apartments and an outstanding location, the options are endless!
Location
State WI
County Dane
Area Madison - C W14
Zoning TSS
Interior
Heating Forced air,Radiant,Central air,Window AC,Wall AC
Cooling Forced air,Radiant,Central air,Window AC,Wall AC
Inclusions All, seller owned, on site appliances, HVAC, water heater(s), water softener(s), used for the daily operations of the property.
Exterior
Parking Features 6-10 spaces,Onsite,Paved,Enclosed
Roof Type Composition,Partially flat,Rubber/membrane
Building
Story 2
Water Municipal water,Municipal sewer
Structure Type Wood,Brick
Others
Virtual Tour https://my.matterport.com/show/?m=YEMMgvaEspH&brand=0&mls=1&