510-516 S Park Street new Save Request In-Person Tour Request Virtual Tour
Madison,WI 53715
Key Details
Property Type Multi-Family
Sub Type Apartment building,2 story,2 flat-up and down,Other,2 houses on 1 lot
Listing Status Active
Purchase Type For Sale
Square Footage 4,286 sqft
Price per Sqft $279
MLS Listing ID 2008494
Bedrooms 3
Full Baths 2
Half Baths 3
Year Built 1922
Annual Tax Amount $14,043
Tax Year 2024
Lot Size 7,361 Sqft
Property Sub-Type Apartment building,2 story,2 flat-up and down,Other,2 houses on 1 lot
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
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 2 stall garage,Detached,Outside
Utilities Available Separate elec meters,Separate gas meters
Building
Water Municipal water,Municipal sewer
Structure Type Wood,Brick
Schools
Elementary Schools Franklin/Randall
Middle Schools Hamilton
High Schools West
School District Madison
Others
Virtual Tour https://my.matterport.com/show/?m=YEMMgvaEspH&brand=0&mls=1&