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Flex Restaurant and Retail Building
For Sale
$699,900

2440 PERRY ST, Madison, WI 53713

Former restaurant and retail space with kitchen, multiple work areas, and 25+ parking spaces on a 0.5+ acre lot.

Property Size5,000 SF
Lot Size0.50 Acres
Price / SF$139.98
Days on Market186

Property Features for 2440 PERRY ST

General Information

Standard status Active
Size 5,000 SF
Total Parking Spaces 25
Lot size 0.50 Acres
Property subtype General Commercial

Additional Details

Highway Access Yes

Taxes and HOA fees

Annual Taxes $9,556

Amenities

3
CC-T

Building Details

Stories 2
Listing Agency: Keller Williams Realty
Listed By: Bonita Nunez · License #5191794
Source: Xome
Added: Mar 6 Changed: Sep 1 Last Checked: Sep 7 at 5:01AM

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 Keller Williams Realty

Investment Insights

Based on property information with market context.

This 5,000 sq ft building was previously used as a restaurant and retail shop and offers flexible commercial layout options. The property includes a kitchen, multiple work areas with separate entrances, 4 bathrooms, and a spacious partially finished lower level featuring 2 egresses. It also includes a second floor with offices.

The site sits off Madison’s Park Street corridor, with access to the Beltline and nearby amenities including Madison College, UW, hospitals, a library, and shops. The property is located in TIF District 51.

On-site parking is available with 25+ spaces, supporting a variety of retail and service-oriented uses based on the current improvements and existing entries.

Key Highlights

  • 5,000 SF commercial building on a 0.5+ acre lot (zoned CC‑T)
  • Previously used as a restaurant and a retail shop, offering flexibility for commercial endeavors
  • 3 work areas with separate entrances, plus a kitchen

Property Analytics

Current Use

Transformation of Fitness Club ... Specialty Food Shop

Suggested Use

Top Pick Dental Office Skin Care Clinic Parking Lot & Garage (Bike/Boat/Book/etc) Store Locksmith Catering Service

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
Highway access

Location Intelligence

Trade Area within ½ mile

955
Businesses Nearby

Demographics for 53713, WI

23,291
Population
11,635
Households
2
Avg Household Size
32
Median Age
39%
College-Educated
86%
High-School Grad
9.8 sq mi
ZIP Area
2,377
Density / Sq Mi
$57,833
Median Household Income
$36,998
Median Earnings
$1,173
Median Rent
$259,100
Median Home Value
Rey
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.

Frequently Asked Questions

What type of property is this?
Specialty property - Former restaurant and retail space with kitchen, multiple work areas, and 25+ parking spaces on a 0.5+ acre lot.
Where is this specialty property located?
The property is located at 2440 PERRY ST Madison, WI.
What is the asking price?
The asking price for this property is $699,900.
What are key features of this property?
This property features: 5,000 SF commercial building on a 0.5+ acre lot (zoned CC‑T); Previously used as a restaurant and a retail shop, offering flexibility for commercial endeavors; 3 work areas with separate entrances, plus a kitchen
More about this property
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