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    115 E Main St Madison, WI 53703

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    For Sale
    $1,850,000

    Fully furnished restaurant with luxury apartment near Capital Square.

    Property size:
    3,761 SF
    Lot size:
    0.05 Acres

    Property Features for 115 E Main St

    General Information

    Size
    3,761 SF
    Lot size
    0.05 Acres

    Source: NAI Madison Agent Michael Barrett

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

    Overview

    Downtown Investment Property For Sale

    This downtown investment property is located just off the Capital Square on King Street. The property includes a fully furnished restaurant with indoor seating for approximately 80 and outdoor seating for approximately 150. The upper unit features a newly constructed luxury apartment. Additionally, there is 1,470 square feet of raw space available, suitable for office, retail, or additional apartments. Each restaurant has access to both King Street and Main Street. Parking is available in a ramp directly across the street, with metered parking available in front and back of the property. A public parking lot is located one block away. The property size is 3,761 square feet.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Geiger Realtors® Real Estate Agency Special Investigations & Forensic ... Private Investigator McGinnis Design, LLC Interior Designer Wi State Council ... General Contractor Medina Law Office Lawyer

    Suggested Use

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

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

    Similar Places Nearby

    Chez Vous Catering, Monona Catering LLC, Le Personal Chef, Underground Catering LLC, Catering a Fresco

    Location Insight

    • Map
    • Local Demand
    City
    Madison
    County
    Dane
    State
    Wisconsin
    Longitude
    -89.3812119
    Latitude
    43.074847

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    FAQs

    What type of property is this?
    Restaurant - Fully furnished restaurant with luxury apartment near Capital Square.
    Where is this restaurant located?
    The property is located at 115 E Main St Madison, WI.
    What is the asking price?
    The asking price for this property is $1,850,000.
    What are key features of this property?
    This property features: - Prime downtown location just off the Capital Square on King Street.; - Fully furnished restaurant with seating for approximately 80 indoors and **150 outdoors.**; - Investment property with potential for multiple income streams.
    (608) 828-8800
    Request Owner's contact information
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    Madison, WI 53703
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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
    115 E Main St Madison, WI 53703
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