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115 Main St Madison, WI 53703

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For Sale
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Prime Retail & Apartment Opportunity

Property size:
3,761 SF

Property Features for 115 Main St

General Information

Property type
Retail space
Square Feet
3,761 SF
Lot Size
2,178 SF

Building Details

Buildings
1
Stories
2

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Listing Contact
Michael Barrett

Listing Agency: NAI Madison Listing Agent: Michael Barrett

Displayed information is deemed reliable but is not guaranteed and should be independently verified.

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Property Insight Report

Overview

This exceptional mixed-use property at 115 E Main St, Madison, WI 53703, presents a rare investment opportunity in the heart of downtown. The building, encompassing 3,761 square feet across two stories, is situated on a 0.05-acre lot and zoned DC. The ground floor currently operates as a fully furnished restaurant, boasting indoor seating for approximately 80 patrons and outdoor seating for about 150. Convenient access to both King Street and Main Street enhances its visibility and accessibility. Ample parking options are available, including a parking ramp directly across the street, metered parking on both sides of the building, and a public lot just a block away. The upper level features a brand-new, 1,470 square foot luxury apartment, offering versatile space ideal for office use, additional residential units, or retail expansion. The asking price is $1,850,000, translating to $491.89 per square foot. The property's prime location, just off the Capital Square, combined with its diverse income streams and flexible space, makes it an attractive investment prospect. The land itself covers 2,178 square feet. This is a unique chance to acquire a thriving downtown Madison establishment with significant upside potential.
Property Profile Insight Report Location Intelligence

Current Use by Public Records

Geiger Realtors® Real Estate Agency Special Investigations & Forensic ... Law Firm McGinnis Design, LLC Interior Design Wi State Council ... Construction Company Medina Law Office Law Firm

Suggested Use

Real Estate Agency Restaurant Spa & Massage Center Dental Office Hair Salon Law Firm Nail Salon Building Supply Auto Repair Shop Gym & Fitness Center

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

Location Insight

  • Map
  • Local Demand
City
Madison
County
Dane
State
Wisconsin
Longitude
-89.3812941
Latitude
43.0749747

FAQs

What type of property is this?
Retail space - Prime Retail & Apartment Opportunity
Where is this retail space located?
The property is located at 115 Main St Madison, WI.
What is the asking price?
The asking price for this property is $1,850,000.
What are key features of this property?
This property features: Prime downtown Madison location at 115 E Main St.; 3,761 square foot mixed-use building on a 0.05-acre lot (2,178 SF), zoned DC.; Ground floor: Established restaurant with 80 indoor and 150 outdoor seats.
(608) 828-8800 Call to check price and availability
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