2 S Mills Street Madison, WI 53715
Restaurant with licenses and potential for student housing development.
Type:General Commercial
Property size:
7,264 SFPrice / SF:
$492/SF- Added:
- Oct 20, 2024
- Days on Market:
- 550
- Last Refresh:
- Apr 1 at 8:22 pm
Property Features for 2 S Mills Street
General Information
- Standard status
- Active
- Size
- 7,264 SF
- Property subtype
- General Commercial
Building Details
- Year Built
- 1923
Listing agent Jim Stopple
Listing office Madison Property Management, Inc. (608) 251-8777
Listing date Oct 20, 2024
Source Xome
Displayed information is deemed reliable but is not guaranteed and should be independently verified.
All listing content including descriptions, pricing, images are the copyrighted material of Madison Property Management, Inc.
Overview
Restaurant with Beer Garden License
This property features a restaurant with a fully functional kitchen including a 20ft hood, a front bar with a beer tap system, a dining area, and walk-in coolers. It includes a liquor license, a restaurant license, and a beer garden license approved for 952 people for game days or stadium concerts. The property also offers the potential for assemblage and construction of a multistory student housing apartment building. The second floor contains one 3-bedroom, 1-bathroom apartment and one 2-bedroom, 1-bathroom apartment. The property has multiple potential income streams including food sales, liquor sales, and revenue from the beer garden license.
Location Intelligence
Current Use by Public Records
Hong Kong Cafe
Restaurant
Similar Places Nearby
- Cordial — 516 S Park St, Madison, WI 53715
- One & Only — 1923 Monroe St, Madison, WI 53711
- SCONNIEBAR — 1421 Regent St, Madison, WI 53711
- Rockhound Brewing Company — 444 s park st, madison, wi 53715
- Rolling Hills — 1521 jefferson st, madison, wi 53711
Location Insight
- Map
- Local Demand
- City
- Madison
- County
- Dane
- State
- Wisconsin
- Longitude
- -89.4043311
- Latitude
- 43.0675635
Nearby Similar for Sale
FAQs
What type of property is this?
Bar & Pub - Restaurant with licenses and potential for student housing development.
Where is this bar & pub located?
The property is located at 2 S Mills Street Madison, WI.
What is the asking price?
The asking price for this property is $3,580,000.
What are key features of this property?
This property features: Beer garden license approved for 952 people, creating huge revenue potential for game days and stadium concerts.; Three potential income streams: food sales, liquor sales, and beer garden revenue.; Includes a fully functional kitchen with a 20ft hood, front bar with beer tap system, dining area, and walk‑in coolers.
