Mixed-Use Lot in Madison,
405 S Park Street, Madison, WI 53715
- Added:
- Dec 17, 2025
- Days on Market:
- 165
- Last Refresh:
- May 31 at 7:06 am
Property Features for 405 S Park Street
General Information
- Property type
- Commercial Sale
- Property subtype
- Retail
- Zoning
- TSS
- Parking features
- Paved or Surfaced
- Standard status
- Active
- APN
- 070923313020
Taxes and HOA fees
- Tax Year
- 2025
- Tax Annual Amount
- 10557
Utilities
- Heating system
- Forced Air
- Cooling system
- Central Air
Building Details
- Year built
- 1950
- Floors in Building
- 1
- Number of units
- 2
- Building materials
- Other
- Roof type
- Composition, Flat, Other
- Architectural style
- Other
Listing agent Jim Stopple (608) 268-4912
Listing office Madison Property Management, Inc. 1202 Regent St, Madison, WI (608) 251-8777
Listing date Dec 17, 2025
MLS# 2013796
Listing URL
Copyright © 2026 REALTORS® Association of South Central Wisconsin. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
HighLights
- High‑traffic location at the intersection of W. Washington Ave and S. Park St, just 1 mile from downtown and the UW Campus.
- Mixed‑use lot zoned TSS with redevelopment potential (subject to city approval).
- Existing commercial building (405 S. Park St.) generates $2,300/month in rental income (lease expires 12/31/2026).
- Additional $9,600 annual income from billboard lease with Adams Outdoor Advertising.
- Large 9,499 sq.ft. lot consisting of two parcels.
- Includes a second building (845 Vilas Ave) that could be redeveloped or used for parking.
Overview
This mixed-use lot features two parcels totaling 9,499 square feet, zoned TSS, and located at the intersection of W. Washington Ave and S. Park St. The property at 845 Vilas Ave, formerly a city water well building with driveway access from Vilas Ave, could be demolished to create additional parking or for new construction, subject to city approval. The property at 405 S. Park St. is a free-standing commercial building that is currently leased out at $2,300 per month, with the lease expiring on December 31, 2026. The commercial building includes on-site parking. Additional income is generated from a billboard leased to Adams Outdoor Advertising, providing $9,600 annually. This location, situated just one mile from downtown and the UW Campus, is suitable for business occupancy or continued leasing.
Property Profile
Location Intelligence
Current Use by Public Records
Madison Pantry + Vape
(Bike/Boat/Book/etc) Store
Unbank Bitcoin ATM
Atm
Rapid & PCR Testing ...
Medical Laboratory
Free Rapid Testing ...
Medical Laboratory
FREE Rapid & PCR ...
Business Service Center
Location Insight
- Map
- Local Demand
- City
- Madison
- County
- Dane
- State
- Wisconsin
- Longitude
- -89.400378
- Latitude
- 43.062692
Nearby Similar for Sale
FAQs
What type of property is this?
Retail space - Two-parcel mixed-use lot with leased commercial building and parking.
Where is this retail space located?
The property is located at 405 S Park Street Madison, WI.
What is the asking price?
The asking price for this property is $799,000.
What are key features of this property?
This property features: High‑traffic location at the intersection of W. Washington Ave and S. Park St, just 1 mile from downtown and the UW Campus.; Mixed‑use lot zoned TSS with redevelopment potential (subject to city approval).; Existing commercial building (405 S. Park St.) generates $2,300/month in rental income (lease expires 12/31/2026).
