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    106 King St Madison, WI 53703

    Sponsored
    For Sale
    $1,700,000

    Madison Mixed-Use Building, High ROI

    Property size:
    3,080 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    This exceptional mixed-use property at 106 King Street in Madison, Wisconsin, presents a compelling investment opportunity. The building, situated on a 0.04-acre lot (1,742 square feet), boasts a total of 3,080 square feet across two stories and a basement. The asking price is $1,700,000, translating to $551.95 per square foot. The property is zoned DC and features a versatile layout ideal for a variety of uses. The main floor offers 1,650 square feet of space, previously occupied by a restaurant, while the second floor provides an additional 1,700 square feet. A sizable 1,600-square-foot basement adds further potential. Located in Madison's Central submarket, with a cross street of 113 E Main St, this property benefits from excellent visibility and accessibility. The building's multi-tenant capacity allows for diverse income streams and flexible operational strategies. This is a rare chance to acquire a well-positioned, income-generating property in a thriving Wisconsin market. The property's size, location, and zoning make it an attractive prospect for both seasoned investors and those seeking a high-return venture. The building's history as a restaurant provides a solid foundation for future tenants, while the ample space offers significant potential for redevelopment or expansion. This is a turnkey opportunity to capitalize on the vibrant Madison real estate market.

    Property Features for 106 King St

    General Information

    Property type
    Mixed-use properties
    Square Feet
    3,080 SF
    Lot Size
    1,742 SF

    Building Details

    Buildings
    1
    Stories
    2

    HighLights

    • Commercial building for sale.
    • Former restaurant space available.
    • First floor: 1,650 square feet.
    • Second floor: 1,700 square feet.
    • Basement: 1,600 square feet.
    • Madison Central submarket, WI.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    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
    -89.3813399
    Latitude
    43.0748533

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    FAQs

    What type of property is this?
    Mixed-use property - Madison Mixed-Use Building, High ROI
    Where is this mixed-use property located?
    The property is located at 106 King St Madison, WI.
    What is the asking price?
    The asking price for this property is $1,700,000.
    What are key features of this property?
    This property features: Commercial building for sale.; Former restaurant space available.; First floor: 1,650 square feet.
    Request Owner's contact information
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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
    106 King St Madison, WI 53703
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