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Freestanding Restaurant with Full Kitchen
For Sale
$1,400,000

1025 N Sherman Avenue, Madison, WI 53704

COMMERCIAL - Madison, WI

Property Size11,500 SF
Lot Size0.46 Acres
Price / SF$121.74
Days on Market89

Property Features for 1025 N Sherman Avenue

General Information

Property type Commercial Sale
Property subtype Other
Zoning CCT
Lot features Free standing
Directions Sherman Ave
Subdivision MADISON - C E05
Standard status Active
APN 0810-313-0089-1
Size 11,500 SF
Lot size 0.46 Acres

Taxes and HOA fees

Tax Year 2024
Tax Annual Amount 22914

Building Details

Year built 1938
Number of units 1
Roof type Flat
Listing Agency: Madison Property Management, Inc.
Listed By: Jim Stopple · License #1200390
Added: May 14 Changed: Aug 10 Last Checked: Aug 10 at 5:06PM
MLS# 2018102

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.

Investment Insights

Based on property information with market context.

This freestanding restaurant property includes 6,256 square feet above grade and an additional 5,244 square feet in the basement, for 11,500 square feet overall. The building, constructed in 1938, features a bar, dining area, large kitchen, and restaurant equipment included with the real estate. The basement provides additional functional space, while a flat roof and on-site parking complete the existing improvements.

The property occupies a corner at N. Sherman Ave and Roth St. in Madison and includes a monument sign positioned at the corner. It is located three blocks from Maple Bluff Country Club and 3.5 miles from downtown Madison. Zoning is CCT.

Key Highlights

  • 11,500 square feet overall, including 6,256 square feet above grade and 5,244 square feet in the basement
  • Freestanding restaurant building constructed in 1938
  • Bar, dining area, large kitchen, and restaurant equipment included

Property Analytics

Current Use

Esquire Supper Club Restaurant

Suggested Use

Top Pick HVAC Service Daycare Center (Bike/Boat/Book/etc) Store Home Appliance Store Pet Grooming Service Storage Facility

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

331
Businesses Nearby
Under-served
Demand for This Use

Demographics for 53704, WI

47,066
Population
22,740
Households
2.1
Avg Household Size
38
Median Age
49%
College-Educated
96%
High-School Grad
21.9 sq mi
ZIP Area
2,149
Density / Sq Mi
$75,007
Median Household Income
$47,665
Median Earnings
$1,231
Median Rent
$289,000
Median Home Value

Market

Vacancy Rate% for Retail in Midwest region

8% 2020
7.3% 2021
6.5% 2022
6% 2023
5.7% 2024
6.3% 2025
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Frequently Asked Questions

What type of property is this?
Conventional restaurant - Corner-lot restaurant with bar, dining space, catering-ready kitchen, basement area, and on-site parking.
Where is this conventional restaurant located?
The property is located at 1025 N Sherman Avenue Madison, WI.
What is the asking price?
The asking price for this property is $1,400,000.
What are key features of this property?
This property features: 11,500 square feet overall, including 6,256 square feet above grade and 5,244 square feet in the basement; Freestanding restaurant building constructed in 1938; Bar, dining area, large kitchen, and restaurant equipment included
More about this property
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