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Downtown Madison Retail Opportunity
For Lease
$29 SF/Yr NNN

329-331 E Wilson St, Madison, WI 53703

Downtown Madison Retail, Restaurant, Office Space for Lease

Space Size633 SF - 1,794 SF
Days on Market183

Property Features for 329-331 E Wilson St

General Information

Standard status Active
Property type Retail properties & Spaces, Restaurants, Office Spaces
Size 633 SF - 1,794 SF
Class B
Total Parking Spaces 6
Elevators No
Lease Type NNN
Lease Term 5+ Years
Rate Type Yearly

Building Details

Year Built 1900
Year Renovated 2023
Buildings 1
Stories 2
Listing Agency: Abstract Commercial Real Estate
Listed By: Heather Ewing, Ccim · License #5763590
Added: Mar 9 Changed: Jun 16

Investment Insights

Based on property information with market context.

Located in downtown Madison, this property at 329-331 E Wilson St offers retail, restaurant, and office space for lease. The site, known as The Saddlery, is a one-of-a-kind development in downtown Madison. It is a 2-story building with 633 SF (Endcap) and 1161 SF (In-line), which can be combined for a total of 1794 SF. The property is situated in the First Settlement District, listed on the National and State Historic Register. The location benefits from walkability and on-site parking. It is easily accessible by foot, bicycle, or car from Hwy 12/18 to John Nolen Rd, with traffic counts of 43,450 VPD + 8250 VPD. The property is centrally located near the Capitol Square, Overture Center, The Sylvee, Majestic Theatre, and other attractions. It is also steps away from the John Nolen Dr overpass to Lake Monona with the Lakeshore expansion.

Property Analytics

Current Use

Retail properties & Spaces

Suggested Use

Top Pick HVAC Service (Bike/Boat/Book/etc) Store Storage Facility Home Appliance Store Electrical Service Tanning Salon

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

NNN (Triple Net)
Lease Type
$4.35 /SF/Yr
CAM

Location Intelligence

Trade Area within ½ mile

1,395
Businesses Nearby

Demographics for 53703, WI

38,512
Population
21,025
Households
1.8
Avg Household Size
27
Median Age
69%
College-Educated
98%
High-School Grad
1.8 sq mi
ZIP Area
21,396
Density / Sq Mi
$46,618
Median Household Income
$27,923
Median Earnings
$1,445
Median Rent
$472,000
Median Home Value

Market

Lease Benchmarks for Madison, WI

$19.54 /SF/Yr
Avg Asking Price
$6–$39 /SF/Yr
Price Range
5,907 SF
Avg Space Size

This space is priced 48% above the average of $19.54 /SF/Yr.

Vacancy Rate% for Office in Madison, WI

10.9% 2023
10.8% 2024
7.6% 2025
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Frequently Asked Questions

What type of property is this?
Retail property - Downtown Madison Retail, Restaurant, Office Space for Lease
Where is this retail property located?
The property is located at 329-331 E Wilson St Madison, WI.
What is the lease rate?
The lease rate is $29 SF/Yr.
More about this property
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