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    216 Pinckney St Madison, WI 53703

    Sponsored
    For Lease
    $25 SF/Yr

    Prime Madison retail space, 3,451 sq ft.

    Lot size:
    159,000 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    This exceptional 3,451 square foot commercial space is ideally situated just one block from Madison's vibrant Capitol Square. Located at 216 S Pinckney St, Madison, WI 53703, this single-tenant property offers a unique opportunity for a variety of businesses. The building boasts impressive ceiling heights ranging from 15 to 18 feet, providing ample space and a sense of grandeur. The property is classified as Retail, Office, and Restaurant space, making it suitable for a diverse range of uses. The building's total square footage is 159,000 square feet, with 3,451 square feet currently available. Convenient features include a loading dock and access to underground public parking, enhancing both operational efficiency and customer convenience. The property's location in the heart of Madison, Wisconsin, offers unparalleled access to a dense population and high foot traffic. The asking rate is $7.75 per square foot, triple net (NNN). This space is perfect for a restaurant, professional office, or a medium-format grocery store/pharmacy. Don't miss this chance to secure a prime location in a thriving urban environment.

    Property Features for 216 Pinckney St

    General Information

    Property type
    Restaurants
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    159,000 SF
    Total Rate
    331250

    Unit(s) available at that property

    Space
    Available Space
    Size
    3,451 SF
    Rate per SF
    $25

    HighLights

    • New mixed‑use development.
    • One block from Madison's Capitol Square.
    • 3,451 square foot restaurant/retail space available.
    • Excellent visibility and signage opportunities.
    • Access to public underground parking.
    • On‑site loading dock.
    Property Profile Location Intelligence

    Current Use by Public Records

    NoVo Apartments Apartment Building Torq Labs Biotechnology Company

    Suggested Use

    Realty agency Restaurant Spa & Massage Dental Office Hair Salon Law Firm Nail Salon Building Supply Clothing Store Auto Repair Shop

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

    Location Insight

    • Map
    • Local Demand
    City
    Madison
    County
    Dane
    State
    Wisconsin
    Longitude
    -89.3809313
    Latitude
    43.0736917

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    FAQs

    What type of property is this?
    Restaurant - Prime Madison retail space, 3,451 sq ft.
    Where is this restaurant located?
    The property is located at 216 Pinckney 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: New mixed-use development.; One block from Madison's Capitol Square.; 3,451 square foot restaurant/retail space available.
    Request Owner's contact information
    216 Pinckney St Madison, WI 53703
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    Madison, WI 53703
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    216 Pinckney St Madison, WI 53703
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