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    1026 Sherman Ave Madison, WI 53704

    For Sale
    $650,000

    Established eatery, prime location, high potential.

    Property size:
    1,512 SF

    Description

    Added:
    Feb 3, 2025
    Days on Market:
    310
    This exceptional commercial property at 1026 N Sherman Avenue in Madison, Wisconsin, presents a unique investment opportunity. The 1,512 square foot building sits on a 0.31-acre lot and is currently home to Caf La Bellitalia, a well-established Italian restaurant with an 18-year history in the community. The restaurant is known for its authentic Italian cuisine and experienced chefs, boasting over 35 years of combined culinary expertise from Italy. Its prime location on Sherman Avenue offers easy access to downtown Madison, Maple Bluff, nearby golf courses, and other key amenities, ensuring high visibility and convenient access for patrons. The property's strong reputation and loyal customer base provide a solid foundation for continued success. This presents a rare chance to acquire a turn-key operation with significant growth potential, allowing a new owner to build upon the existing legacy while implementing their own vision and strategies. The asking price for this exceptional property is $650,000. The building's size and location make it suitable for a variety of commercial uses, beyond its current operation as a restaurant. Serious inquiries are encouraged.

    Property Features for 1026 Sherman Ave

    General Information

    Property type
    Other commercial real estate
    Square Feet
    1,512 SF
    Lot Size
    13,504 SF

    Building Details

    Year Built
    1969
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Cafe la Bellitalia Italian Restaurant

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Building Supply Gym & Fitness

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

    Location Insight

    • Map
    • Local Demand
    City
    Madison
    County
    DANE
    State
    Wisconsin
    Longitude
    -89.36406
    Latitude
    43.11131

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    FAQs

    What type of property is this?
    Commercial real estate - Established eatery, prime location, high potential.
    Where is this commercial real estate located?
    The property is located at 1026 Sherman Ave Madison, WI.
    What is the asking price?
    The asking price for this property is $650,000.
    (608) 838-1377
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    1026 Sherman Ave Madison, WI 53704
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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
    1026 Sherman Ave Madison, WI 53704
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