Corner Retail
New
For Lease
Contact for pricing
506 W Main St, Madison, WI 53703
The storefront features UMX zoning and optional basement storage.
Space Size3,200 SF
Days on Market4
Property Features for 506 W Main St
General Information
Standard status
Active
Size
3,200 SF
Property subtype
RETAIL
Zoning
UMX
Lease Type
NNN
Additional Details
Space Use
Retail
Corner Location
Yes
Amenities
exposed ceiling
bright lights
lots of windows
corner presence
charm
unmetered street parking
extra on-site basement storage
Spaces For Lease
at 506 W Main St
Retail For Lease
$25/SF/Yr
Floor
1
Size
3,200 SF
Type
RETAIL
Lease Type
NNN
Availability
AVAILABLE, Now
Sublease
No
Rare and unique opportunity to rent a retail spot in an established campus and professional neighborhood. Exposed ceiling, bright lights, lots of windows, corner presence, and charm gives this unit great character. Area provides many residences, office users, foot traffic, and unmetered street parking. Former use was a liquor store, and could be once again with City of Madison approval. Could also be a great spot for a gym, small grocery store/market, and other retail uses. Zoned “UMX “. Extra on-site basement storage available.
Contact us
Listing Agency:
Plato Commercial Real Estate, LLC
Listed By:
Kent Yan · License #52374090
(608) 698-6833
Source:
Moodyscre
Added: Oct 12
Changed: Oct 15
Last Checked: Oct 15 at 2:04AM
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 Plato Commercial Real Estate, LLC
Investment Insights
Based on property information with market context.
This 3,200-square-foot retail unit has an exposed ceiling, bright lighting, extensive windows, and a corner position. Additional basement storage is available. The space is zoned UMX, and a prior liquor-store use could be considered again with City of Madison approval.
At 506 W Main St in Madison, the property is in an area with residences, offices, and pedestrian traffic. Unmetered street parking is available. The property information also identifies a gym or small grocery market as potential retail uses.
At 506 W Main St in Madison, the property is in an area with residences, offices, and pedestrian traffic. Unmetered street parking is available. The property information also identifies a gym or small grocery market as potential retail uses.
Key Highlights
- 3,200‑square‑foot retail unit
- Corner position with extensive windows, exposed ceiling, and bright lighting
- UMX zoning
Property Analytics
Current Use
Lease Details
NNN (Triple Net)
Lease Type
$3.75 /SF/Yr
CAM
Location Intelligence
Trade Area within ½ mile
66
Businesses Nearby
Explore this area
Business Placement
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
$22.58 /SF/Yr
Avg Asking Price
$12–$39 /SF/Yr
Price Range
6,290 SF
Avg Space Size
This space is priced 11% above the average of $22.58 /SF/Yr.
Vacancy Rate% for Retail in Midwest region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Retail space - The storefront features UMX zoning and optional basement storage.
Where is this retail space located?
The property is located at 506 W Main St Madison, WI.
What is the lease rate?
The lease rate is $25 SF/Yr.
What are key features of this property?
This property features: 3,200‑square‑foot retail unit; Corner position with extensive windows, exposed ceiling, and bright lighting; UMX zoning
