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    517 Grand Canyon Dr Madison, WI 53719

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    For Lease
    $16 SF/Yr ($12,916 /Mo)

    Turn-key restaurant/bar space available near West Towne Mall.

    Property size:
    9,687 SF
    Lot size:
    4.67 Acres

    Property Features for 517 Grand Canyon Dr

    General Information

    Size
    9,687 SF
    Lot size
    4.67 Acres

    Source: Plato Commercial Real Estate, LLC Agent Kent Yan

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Restaurant and Bar Opportunity

    This 9,687 square foot space, formerly the Twist Bar & Grill within the Radisson Hotel, is available for lease. The Radisson hotel is being transformed into micro apartments under new ownership. The space is a turn-key restaurant and bar opportunity, featuring existing FF&E, a large kitchen with two massive hoods and walk-in coolers, and a curved bar. The property is located on the west side of Madison, minutes from CBL’s West Towne Mall, numerous retail and office buildings, and many residential properties. The owners are open to non-restaurant concepts.
    Location Intelligence

    Current Use by Public Records

    Vivo Living Madison Apartment Complex

    Suggested Use

    Restaurant Realty agency Law Firm Building Supply Dental Office Spa & Massage Wholesale Shop Auto Repair Shop Hair Salon Hotel & Motel

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

    Similar Places Nearby

    608 320 7200 sai bai thong, City Barbeque, Sweet Peas Place

    Location Insight

    • Map
    • Local Demand
    City
    Madison
    County
    Dane
    State
    Wisconsin
    Longitude
    -89.4960613
    Latitude
    43.0546966

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    FAQs

    What type of property is this?
    Restaurant - Turn-key restaurant/bar space available near West Towne Mall.
    Where is this restaurant located?
    The property is located at 517 Grand Canyon Dr Madison, WI.
    What is the lease rate?
    The lease rate is $16 SF/Yr.
    What are key features of this property?
    This property features: - Turn-key restaurant and bar opportunity.; - Existing FF&E (furniture, fixtures, and equipment) included.; - Massive kitchen with two hoods and walk-in coolers.
    (608) 698-6833
    Request Owner's contact information
    517 Grand Canyon Dr Madison, WI 53719
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    Madison, WI 53719
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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
    517 Grand Canyon Dr Madison, WI 53719
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