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Operating Restaurant with Open Kitchen
For Lease
$169,900

605 E Washington Ave, Madison, WI 53703

Operating Madison restaurant with a bar, open kitchen, and two dining sections at a prominent corner location.

Space SizeContact for details
Property Size2,300 SF
Days on Market167

Property Features for 605 E Washington Ave

General Information

Standard status Active
Size 2,300 SF
Total Parking Spaces 10
Zoning commercial

Taxes and HOA fees

Annual Taxes $44,986

Building Details

Building Size 2,300 SF
Listing Agency: RE/MAX Lakeside-South
Listed By: Yoon Kim · License #5218694
Source: Therealtycompanyllc
Added: Mar 2 Changed: Aug 15 Last Checked: Aug 15 at 4:12AM

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-South

Investment Insights

Based on property information with market context.

This operating restaurant occupies 2,300sf and is arranged for dine-in service with seating for over 70 guests. The layout includes two primary dining sections, a bar, and an open kitchen positioned at the center of the customer area. The property is zoned commercial and is presented as a turnkey restaurant operation.

Located at the corner of Washington and Blair in Madison, the restaurant has direct exposure from its corner setting. The established business is known as 5 Star Korean BBQ & Fried Chicken, providing an existing restaurant identity within the space.

Key Highlights

  • 2,300sf restaurant space with seating for over 70 guests
  • Two main dining sections support the restaurant layout
  • Open kitchen positioned within the customer‑facing area

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.

Lease Details

NNN (Triple Net)
Lease Type

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
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Frequently Asked Questions

What type of property is this?
Conventional restaurant - Operating Madison restaurant with a bar, open kitchen, and two dining sections at a prominent corner location.
Where is this conventional restaurant located?
The property is located at 605 E Washington Ave Madison, WI.
What is the lease rate?
The lease rate is $169,900.
What are key features of this property?
This property features: 2,300sf restaurant space with seating for over 70 guests; Two main dining sections support the restaurant layout; Open kitchen positioned within the customer‑facing area
More about this property
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