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    1021-1023 S Park St Madison, WI 53715

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    For Lease
    $21 SF/Yr ($3,500 /Mo)

    Nicely finished 2,000 SF office/retail space in downtown Madison.

    Property size:
    2,000 SF
    Lot size:
    0.14 Acres

    Property Features for 1021-1023 S Park St

    General Information

    Size
    2,000 SF
    Lot size
    0.14 Acres

    Source: Altus Commercial Real Estate - Madison Agent Mitch Marty

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

    Overview

    Downtown Madison Retail/Office Space

    Located in downtown Madison on Park Street, this property offers 2,000 square feet of finished space suitable for office or retail use. The interior features polished floors and a metal ceiling, contributing to a clean and comfortable environment. The space benefits from good visibility and a noticeably quiet atmosphere. Shared kitchenette and bathroom facilities are available. Tenants are responsible for covering electric expenses.
    Location Intelligence

    Current Use by Public Records

    Retail space

    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
    -89.3975729
    Latitude
    43.055958

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    FAQs

    What type of property is this?
    Retail space - Nicely finished 2,000 SF office/retail space in downtown Madison.
    Where is this retail space located?
    The property is located at 1021-1023 S Park St Madison, WI.
    What is the lease rate?
    The lease rate is $21 SF/Yr.
    What are key features of this property?
    This property features: - 2,000sf of finished office/retail space; - Downtown Madison location on Park St; - Great visibility
    (608) 338-1101
    Request Owner's contact information
    1021-1023 S Park St Madison, WI 53715
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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
    1021-1023 S Park St Madison, WI 53715
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