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    313 Wilson St Madison, WI 53703

    Sponsored
    For Lease
    $35 SF/Yr ($9,686 /Mo)

    Historic Charm, Modern Amenities, High Traffic

    Lot size:
    3,321 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    391
    This exceptional retail opportunity is located in Madison's vibrant First Settlement District, a nationally and state-historically registered area. The property, a 4-story adaptive reuse development (built in 1900, extensively renovated in 2023), offers 3,321 square feet of vacant space divisible into units ranging from 633 to 1,794 contiguous square feet. The building boasts a Class B designation, two stories, on-site parking, and elevators. Its prime location at 313 E Wilson St, near the intersection of S Hancock St, benefits from exceptional visibility and accessibility, with high vehicular traffic (43,450 VPD + 8250 VPD) from major roadways. The property's proximity to the Capitol Square, Overture Center, the Sylvee, and Majestic Theatre ensures a constant flow of potential customers. The building also features built-in customer base with 45 residential units on floors 2-4. The zoning is UMX, WP-17. Lease terms are negotiable, ranging from 5 to 10 years, with a triple net (NNN) lease rate of $6.75 per square foot. Tenant improvement allowances are also negotiable.

    Property Features for 313 Wilson St

    General Information

    Property type
    Restaurants
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    3,321 SF
    Class
    B
    Total Rate
    9686.25

    Building Details

    Year Built/Renovated
    1900/2023
    Stories
    2

    Unit(s) available at that property

    Space
    Suite 210
    Size
    1,161 SF
    Rate per SF
    $35
    Space
    Suite 212
    Size
    633 SF
    Rate per SF
    $35
    Space
    Suite 202
    Size
    1,527 SF
    Rate per SF
    $35

    HighLights

    • 3,321 SF retail/office space available for lease in a historic building.
    • Spaces range from 633 SF to 1,794 SF, with multiple units available.
    • NNN lease rate is $6.75/SF.
    • Tenant improvements are negotiable.
    • Lease terms are 5‑10 years.
    • On‑site parking is available.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

    Restaurant Realty agency Spa & Massage Dental Office Hair Salon Law Firm Nail Salon Clothing Store Food Market Grocery Store

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

    Location Insight

    • Map
    • Local Demand
    City
    Madison
    County
    Dane
    State
    Wisconsin
    Longitude
    -89.377614
    Latitude
    43.0748

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    FAQs

    What type of property is this?
    Restaurant - Historic Charm, Modern Amenities, High Traffic
    Where is this restaurant located?
    The property is located at 313 Wilson St Madison, WI.
    What is the lease rate?
    The lease rate is $35 SF/Yr.
    What are key features of this property?
    This property features: 3,321 SF retail/office space available for lease in a historic building.; Spaces range from 633 SF to 1,794 SF, with multiple units available.; NNN lease rate is $6.75/SF.
    Request Owner's contact information
    313 Wilson St 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
    313 Wilson St Madison, WI 53703
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