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Turn-Key Restaurant Opportunity in Madison
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605 E Washington Ave, Madison, WI 53703

Operating restaurant for sale in high-traffic Madison location.

Property Size2,300 SF
Price / SF$73.87
Days on Market159

Property Features for 605 E Washington Ave

General Information

Standard status Active
Size 2,300 SF
Property subtype Business for Sale
Listing Agency: RE/MAX Lakeside
Listed By: yoon kim · License #52186-94
Source: Crexi
Added: Mar 14 Changed: Aug 8 Last Checked: Aug 18 at 1:58PM

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 RE/MAX Lakeside

Investment Insights

Based on property information with market context.

An operating restaurant known as '5 Star Korean BBQ & Fried Chicken' is available for purchase. The 2,300-square-foot restaurant is located in Madison at the corner of Washington and Blair, offering exposure to heavy daily traffic. The well-designed interior seats over 70 customers and includes two main dining sections, a bar, and an open kitchen. The current owner operates with shortened hours, limited delivery channels, and no advertising. The business has potential for growth with expanded operating hours, increased delivery options, and advertising initiatives.

Key Highlights

  • Turnkey, successfully operating '5 Star Korean BBQ & Fried Chicken' restaurant.
  • Prime location in the heart of Madison at the corner of Washington & Blair, ensuring high visibility and traffic.
  • Well‑designed 2,300 sq ft restaurant with seating for over 70, including two main dining sections and a bar.

Property Analytics

Current Use

5 Star Korean ... Restaurant

Suggested Use

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

Location Intelligence

Trade Area within ½ mile

3,835
Businesses Nearby
Under-served
Demand for This Use

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

Vacancy Rate% for Retail in Midwest region

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

What type of property is this?
Conventional restaurant - Operating restaurant for sale in high-traffic Madison location.
Where is this conventional restaurant located?
The property is located at 605 E Washington Ave Madison, WI.
What is the asking price?
The asking price for this property is $169,900.
What are key features of this property?
This property features: Turnkey, successfully operating '5 Star Korean BBQ & Fried Chicken' restaurant.; Prime location in the heart of Madison at the corner of Washington & Blair, ensuring high visibility and traffic.; Well‑designed 2,300 sq ft restaurant with seating for over 70, including two main dining sections and a bar.
(414) 617-6980 Call to check price and availability
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