510-516 S Park Street new

Madison,WI 53715

$ 1199000

- Bed

- Bath

5386 SqFt


Key Details

Property Type Commercial

Listing Status Active

Purchase Type For Sale

Square Footage 5,386 sqft

Price per Sqft $222

Municipality MADISON

MLS Listing ID 2008490

Year Built 1933

Annual Tax Amount $14,043

Tax Year 2024

Lot Size 7,361 Sqft

Acres 0.169

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

Zoning TSS

Rooms

Basement Full,Poured Concrete

Interior

Heating Natural Gas

Cooling Forced Air,Radiant,Central Air,Wall A/C

Inclusions All, seller owned, on site appliances, HVAC, water heater(s), water softener(s), used for the daily operations of the property.

Equipment Window A/C

Exterior

Utilities Available High Speed Internet Available

Roof Type Composition/Fiberglass,Flat,Rubber/Membrane

Building

Story 2

Sewer Municipal Water,Municipal Sewer

New Construction N

Others

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