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Mixed-Use Building with Gallery
For Sale
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2118 Atwood, Madison, WI 53704

Two-story property combines a commercial gallery space with a three-bedroom apartment.

Property SizeContact for details
Days on Market141

Property Features for 2118 Atwood

General Information

Standard status Active
Property subtype Retail, Office, Multifamily
Occupancy 100%

Financials

Gross Income $33,600
Average Monthly Rent $1,800

Units

Unit Mix 1 x 3BR/1BA
Multifamily Units 1

Building Details

Buildings 1
Stories 2
Tenancy Multi
Listing Agency: The Hub Realty
Listed By: Ryan Schmitz · License #WI
Source: Crexi
Added: Apr 13 Changed: Aug 31 Last Checked: Aug 31 at 2:43AM

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 The Hub Realty

Investment Insights

Based on property information with market context.

This two-story mixed-use building combines a ground-level commercial space with a residential apartment occupying the entire second floor. The commercial component includes 1,105 square feet on the main level and a 712-square-foot basement. The upstairs residence offers three bedrooms and one bathroom within 947 square feet.

The property is occupied by a gallery and an apartment tenant. Both arrangements are verbal and month to month. Parking considerations include an easement benefiting the adjacent property owner, who controls the rear parking spaces and holds a first right of refusal on a sale. Street parking is available, with 10 public spaces located across the street.

Key Highlights

  • Mixed‑use building with 1,105‑square‑foot commercial level and 947‑square‑foot second‑floor apartment
  • Commercial component includes a 712‑square‑foot basement
  • Second‑floor residence has 3 bedrooms and 1 bathroom

Property Analytics

Current Use

Talbot Gallery 2118 Art Gallery

Suggested Use

Top Pick Law Firm HVAC Service Parking Lot & Garage Auto Parts Store Grocery & Convenience Store (Bike/Boat/Book/etc) 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

1
Residential units
100%
Occupancy
Multi-tenant
Tenancy

Location Intelligence

Trade Area within ½ mile

1,075
Businesses Nearby

Demographics for 53704, WI

47,066
Population
22,740
Households
2.1
Avg Household Size
38
Median Age
49%
College-Educated
96%
High-School Grad
21.9 sq mi
ZIP Area
2,149
Density / Sq Mi
$75,007
Median Household Income
$47,665
Median Earnings
$1,231
Median Rent
$289,000
Median Home Value

Market

Vacancy Rate% for Retail in Midwest region

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

What type of property is this?
Mixed-use property - Two-story property combines a commercial gallery space with a three-bedroom apartment.
Where is this mixed-use property located?
The property is located at 2118 Atwood Madison, WI.
What are key features of this property?
This property features: Mixed‑use building with 1,105‑square‑foot commercial level and 947‑square‑foot second‑floor apartment; Commercial component includes a 712‑square‑foot basement; Second‑floor residence has 3 bedrooms and 1 bathroom
(608) 345-0150 Call to check price and availability
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