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Restaurant Space with Kitchen Equipment
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1920 Parmenter St, Middleton, WI 53562

Furnished restaurant space offers multiple levels, natural light, street parking, and signage availability in downtown Middleton.

Space Size5,000 SF
Days on Market506

Property Features for 1920 Parmenter St

General Information

Standard status Active
Size 5,000 SF
Net Rentable 5,000 SF
Property subtype RETAIL
Lease Type NNN

Space & Availability

Available Space 5,000 SF
Floor 1 + Lower Level
Space Use Restaurant
Furnished Yes

Lease Terms

Lease Rate $18 /USD/SF/YR
Monthly Rent $7,500
Rent per SF/Year $18

Restaurant

Commercial Hood Yes
Equipment Included Yes

Spaces For Lease

at 1920 Parmenter St
Restaurant for Lease or Sale $18/SF/Yr
Floor 1
Size 5,000 SF
Type RETAIL
Lease Type NNN
Availability AVAILABLE, Now
Sublease No
• Current Restaurant Space Available in the heart of downtown Middleton. • Available Space 1st & Lower Level 5,000 SF 2,500 SF per floor • 2 Bedroom & 1 Bedroom Apts on 2nd floor • Lease Rate: $18/PSF/NNN • In the heart of downtown Middleton • Amazing visibility and access-Corner of University Ave & Parmenter • Excellent location restaurant • Lots of windows – Natural lighting • Parking on street • Previous Restaurant Space-2 bars • Furnished Restaurant with hoods and walk in cooler • Signage available
Contact us
Listing Agency: NAI Madison
Listed By: Dan Holvick · License #5751890
Source: Moodyscre
Added: May 30, 2025 Changed: Oct 10 Last Checked: Oct 16 at 10:39AM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of NAI Madison

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Investment Insights

Based on property information with market context.

This restaurant property provides 5,000 SF across the first and lower levels, with approximately 2,500 SF on each floor. The space includes two bars, restaurant furnishings, kitchen hoods, and a walk-in cooler. Numerous windows bring natural light into the interior, while signage is available for the property.

The building occupies the corner of University Ave and Parmenter, in downtown Middleton, with access and visibility from both streets. On-street parking serves the property. The second floor includes a 2-bedroom apartment and a 1-bedroom apartment, adding residential space within the building.

Key Highlights

  • 5,000 SF of restaurant space across the 1st and lower levels
  • Approximately 2,500 SF per floor
  • Furnished restaurant with kitchen hoods, walk‑in cooler, and 2 bars

Property Analytics

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Current Use

Conventional restaurants

Suggested Use

Top Pick HVAC Service Barber Shop Plumbing Service (Bike/Boat/Book/etc) Store Locksmith Home Appliance Store

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

Yes
Commercial hood
NNN (Triple Net)
Lease Type
$2.70 /SF/Yr
CAM

Location Intelligence

Trade Area within ½ mile

994
Businesses Nearby
Under-served
Demand for This Use

Demographics for 53562, WI

29,092
Population
13,617
Households
2.1
Avg Household Size
40
Median Age
65%
College-Educated
96%
High-School Grad
31.1 sq mi
ZIP Area
935
Density / Sq Mi
$97,241
Median Household Income
$60,688
Median Earnings
$1,394
Median Rent
$495,600
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
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Market

Vacancy Rate% for Retail in Midwest region

8% 2020
7.3% 2021
6.5% 2022
6% 2023
5.7% 2024
6.3% 2025

Similar Off Market Nearby

  • China Wok — 6771 University Ave, Middleton, WI 53562

Frequently Asked Questions

What type of property is this?
Conventional restaurant - Furnished restaurant space offers multiple levels, natural light, street parking, and signage availability in downtown Middleton.
Where is this conventional restaurant located?
The property is located at 1920 Parmenter St Middleton, WI.
What is the lease rate?
The lease rate is $18 SF/Yr.
What are key features of this property?
This property features: 5,000 SF of restaurant space across the 1st and lower levels; Approximately 2,500 SF per floor; Furnished restaurant with kitchen hoods, walk‑in cooler, and 2 bars
(608) 220-7740 Call to check price and availability
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