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    1109-1113 N Sherman Ave Madison, WI 53704

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    For Lease
    $23 SF/Yr ($2,500 /Mo)

    Highly visible 1,300 SF retail space in revitalizing area.

    Property size:
    1,300 SF
    Lot size:
    0.44 Acres

    Property Features for 1109-1113 N Sherman Ave

    General Information

    Size
    1,300 SF
    Lot size
    0.44 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

    Endcap Retail Space on Sherman

    This 1,300 square foot retail space is located on Sherman Avenue. The endcap unit offers high visibility in an area described as up and coming on Madison’s east side. The surrounding area features new multi-unit apartments, with more planned, as well as new retail and service businesses. The site is connected to the Northgate Shopping Center, which has undergone recent revitalization with new businesses and nonprofits. The location provides easy access to downtown Madison, the northside of Madison, the Tenney-Lapham Neighborhood, and the Madison-Maple Bluff border, offering potential for its next occupant.
    Location Intelligence

    Current Use by Public Records

    Retail space

    Suggested Use

    Realty agency Restaurant Law Firm Spa & Massage Dental Office Hair Salon Nail Salon Building Supply Clothing Store Auto Repair Shop

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

    Location Insight

    • Map
    • Local Demand
    City
    Madison
    County
    Dane
    State
    Wisconsin
    Longitude
    -89.3634324
    Latitude
    43.1121279

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    FAQs

    What type of property is this?
    Retail space - Highly visible 1,300 SF retail space in revitalizing area.
    Where is this retail space located?
    The property is located at 1109-1113 N Sherman Ave Madison, WI.
    What is the lease rate?
    The lease rate is $23 SF/Yr.
    What are key features of this property?
    This property features: - High-visibility endcap retail space (1,300 sq ft) on Sherman Avenue.; - Located in an up-and-coming area on Madison's east side.; - Surrounded by new multi-unit apartments and retail/service businesses.
    (608) 698-6833
    Request Owner's contact information
    1109-1113 N 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
    1109-1113 N Sherman Ave Madison, WI 53704
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