405 S Park Street, Madison, WI 53715

Building Details

Year built

1950

Number of units

2

Roof type

Composition, Flat

Listing agent Jim Stopple License #WI 90-12003 Show Phone

Listing office Madison Property Management, Inc. j**@madisonproperty.com 1202 Regent St, Madison, WI Show Phone

Listing date Dec 17, 2025

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MLS# 2013796

Copyright © 2026 REALTORS® Association of South Central Wisconsin. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

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Overview

The offering is a two-parcel mixed-use lot totaling 9,499 square feet, zoned TSS. The site includes a prior city water well building, which could be torn down for additional parking or to support a new development concept, subject to city approval. The property also provides driveway access from Vilas Ave.

At 405 S Park Street, the property includes a free-standing commercial building that is currently leased for $2,300 per month, with the lease expiring 12/31/2026. The building has onsite parking. The property also generates additional income from a billboard operated through Adams Outdoor Advertising, reported at $9,600 annually.

This configuration can suit a user-operator looking for a site to occupy their business, or it can support an investor strategy involving ongoing leasing while the property’s redevelopment options are evaluated. The location is described as approximately one mile from downtown and the UW Campus, with access at the intersection of W. Washington Ave and S. Park St, and additional driveway access via Vilas Ave.

Suggested Use

Real Estate Agency Law Firm Spa & Massage Center Dental Office Restaurant Hair Salon Nail Salon Building Supply Daycare Center Gym & Fitness Center

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

Location Insight

• Map
• Local Demand

City

Madison

County

Dane

State

Wisconsin

Longitude

-89.400378

Latitude

43.062692

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FAQs

What type of property is this?

Commercial land - Two-parcel mixed-use site with zoning TSS, featuring a leased commercial building and onsite parking plus billboard income.

Where is this commercial land located?

The property is located at 405 S Park Street Madison, WI.

What is the asking price?

The asking price for this property is $799,000.

What are key features of this property?

This property features: 9,499 sq. ft. mixed‑use lot on a 2‑parcel site zoned TSS at W. Washington Ave and S. Park St; 405 S. Park St. is a free‑standing commercial building leased for $2,300/month (lease expires 12/31/2026); On‑site parking plus additional income from a billboard with Adams Outdoor Advertising ($9,600 annually)