1025 N Sherman Avenue, Madison, WI 53704
- Added:
- May 14, 2026
- Days on Market:
- 32
- Last Refresh:
- Jun 14 at 7:06 am
Property Features for 1025 N Sherman Avenue
General Information
- Property type
- Commercial Sale
- Property subtype
- Other
- Zoning
- CCT
- Standard status
- Active
- APN
- 0810-313-0089-1
Taxes and HOA fees
- Tax Year
- 2024
- Tax Annual Amount
- 22914
Utilities
- Heating system
- Forced Air
Building Details
- Year built
- 1938
- Floors in Building
- 1
- Number of units
- 1
- Building materials
- Other
- Roof type
- Flat
- 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 May 14, 2026
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
- Turnkey restaurant opportunity with all equipment included.
- Prime corner lot location with high visibility and a monument sign.
- Zoned CC‑T, suitable for owner/operator or investment property.
- Ample on‑site parking.
- Large kitchen setup for in‑house service and catering.
- Close proximity to Maple Bluff Country Club and downtown Madison.
Overview
Located on a corner lot at the intersection of N. Sherman Avenue and Roth Street, the property is zoned CCT and features a monument sign for visibility. Onsite parking is available, and the building sits about three blocks from Maple Bluff Country Club and roughly 3.5 miles from downtown Madison.
With the equipment included and the layout built around bar, dining, and food preparation, the asset is well suited for a turnkey operator looking to run a full-service concept, including catering. For investors, the configuration also supports leasing to a compatible restaurant use, offering the opportunity to set rates or structure the property as an income-producing asset.
Local Financial Insights For Specialty Retail
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $142.6k | $22.80 |
| − Vacancy | −$7.1k | −$1.14 |
| EGI | $135.5k | $21.66 |
| − OpEx | −$33.9k | −$5.42 |
| NOI | $101.6k | $16.25 |
Alternative Uses
Current Use by Public Records
Location Insight
- Map
- Local Demand
- City
- Madison
- County
- Dane
- State
- Wisconsin
- Longitude
- -89.36334
- Latitude
- 43.111357