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    2440 Perry St Madison, WI 53713

    New
    For Sale
    $899,900

    Retail,Office,Restaurant/Supper Club,Church,Beauty/barber,Other

    Days on Market:
    5
    Last Refresh:
    Dec 14 at 12:06 pm

    Property Features for 2440 Perry St

    General Information

    Property type
    Commercial Sale
    Property subtype
    Other
    Standard status
    Active
    Zoning
    CC-T
    APN
    0709-353-0224-3

    Utilities

    Heating system
    Radiant

    Building Details

    Floors in Building
    2
    Number of units
    3
    Building materials
    Block
    Roof type
    Composition
    Architectural style
    Other

    Premier Realty Team, LLC (608) 212-3126 [email protected]

    Listing agent Bonita Nunez (608) 831-0800

    Listing date Dec 10, 2025

    MLS# 1995227 Listing URL

    Copyright © 2025 South Central Wisconsin MLS Corporation. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Versatile Commercial Building Near Park Street

    This 5,000 sq ft commercial building is strategically located off Madison's Park Street corridor. Previously used as a restaurant and retail shop, the property offers flexibility for various commercial endeavors. It features three work areas with separate entrances, a kitchen, a spacious partially finished lower level with two egresses, and second-floor offices. There are also four bathrooms and over 25 parking spaces. The property is located near the Beltline, Madison College, UW, hospitals, library, and shops. Situated on a lot exceeding 0.5 acres, the property is located in TIF District 51 and may benefit from potential incentives and infrastructure improvements/development.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Transformation of Fitness Club ... Organic Shop

    Suggested Use

    Law Firm Restaurant Realty agency Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Food Market Grocery Store

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Madison
    County
    Dane
    State
    Wisconsin
    Longitude
    -89.396958
    Latitude
    43.037133

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    FAQs

    What type of property is this?
    Retail space - 5,000 sq ft building suitable for retail, office, restaurant.
    Where is this retail space located?
    The property is located at 2440 Perry St Madison, WI.
    What is the asking price?
    The asking price for this property is $899,900.
    What are key features of this property?
    This property features: - Prime location off Madison's developing Park Street corridor with quick access to Beltline, Madison College, UW, hospitals, library, and shops.; - Large 5,000 sq ft building on a .5+ acre lot offering flexibility for various commercial endeavors.; - Located in TIF District 51, potentially benefiting from incentives and infrastructure improvements.
    (608) 831-0800
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    2440 Perry St Madison, WI 53713
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    Madison, WI 53713
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    2440 Perry St Madison, WI 53713
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