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    Madison, WI
    Parking & Garage

    Madison, WI Parking Lots & Garages for Sale

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    Middleton, WI Waunakee, WI Verona, WI Danbury, WI Cross Plains, WI Wausaukee, WI Fitchburg, WI Westport, WI
    Two-Story Office Building with Parking
    Updated: Jul 16, 2025
    Two-Story Office Building with Parking

    551 W Main St, Madison, WI

    $3,500,000
    10,512 sqft 0.35 AC lot
    Prime Location: Corner lot on W. Main and S. Bedford, near Kohl Center and Capitol Square.
    Two Parcels Included: Features both an office building and a 32‑stall parking lot.
    Income Potential: Renovated two‑story office building with a current tenant.
    Redevelopment Opportunity: Ideal for future redevelopment due to location and zoning.
    Ample Parking: Includes a 32‑stall surface parking lot.
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    This listing looks promising.

    Here's a quick look at some key insights for

    551 W Main St, Madison, WI

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    • Est. Cap Rate

      5.1%
      NOI ÷ price

    • Est. NOI

      $177K
      Annual

    • Price @ 7% Cap

      $2.53M
      Suggested

    • Property Type

      Professional Building (Multi-Story)
      Built 1895
    View Property Analytics
    Based on your search, we've compiled 80 Potential Opportunities for your consideration. Besides 1 Active listings in Madison, WI, we suggest exploring several alternatives: 4 properties in Nearby Cities, and similar 71 Off-Market properties to explore as potential leads, plus 4 Land Listings that present a potential for development.

    Opportunities in Nearby Cities

    Here are 4 Similar properties we found in Nearby Locations for your consideration.

    Milwaukee Flex Property For Sale
    Milwaukee Flex Property For Sale

    8400 W Silver Spring Dr, Milwaukee, WI 53225

    $1,250,000
    8,964 sqft 1.77 AC lot

    MILWAUKEE FLEX PROPERTY

    View details
    Car Lot Parking Lot Opportunity
    Car Lot Parking Lot Opportunity

    5850 W Appleton Ave, Milwaukee, WI 53210

    $99,000
    476 sqft 0.16 AC lot

    Previously used car lot property in LB2 zoning, offering flexible redevelopment options.

    View details
    Rockford Commercial Properties on State
    Rockford Commercial Properties on State

    1021-1017 E State St, Rockford, IL

    $250,000
    6,309 sqft 0.36 AC lot

    Two adjacent properties with storefront, restaurant, retail, and parking.

    View details
    Prime Parking Spots Near Museum
    Prime Parking Spots Near Museum

    650 N Main St, Rockford, IL 61103

    $125,000

    39 parking spots with great visibility near Rockford Art Museum.

    View details

    Potential Development Sites for Consideration

    Can't find the perfect fit? These Land listings present an alternative path: the potential to develop a property for your specific goals.

    Important: These AI-suggestions are a starting point, not a guarantee of permitted use. All zoning, permitting, and land use information must be independently verified by you with the appropriate local authorities before making any commitments.

    Downtown Commercial Parking Lot
    Downtown Commercial Parking Lot

    108 E Maple Avenue, Beaver Dam, WI 53916

    $75,000
    0.50 AC lot

    Level, downtown-zoned commercial land currently used as a parking lot, one block from downtown Beaver Dam.

    View details
    Vacant Corner Lot on Highway
    Vacant Corner Lot on Highway

    124 E Platt Street, Maquoketa, IA 52060

    $98,000
    0.34 AC lot

    Vacant corner double lot with highway access and B2 zoning.

    View details
    Prime Loop Parking Space
    Prime Loop Parking Space

    130 N Garland Court, Chicago, IL 60602

    $40,000

    Excellent Loop location near Millennium Park, shopping, restaurants, and theater!

    View details
    Prime Parking Space in Chicago
    Prime Parking Space in Chicago

    130 N Garland Court, Chicago, IL 60602

    $33,000

    Excellent Loop location near Millennium Park, shopping, and theater.

    View details

    Off-Market Properties in Madison, WI

    Consider similar Off-Market properties in Madison, WI. You may contact the owners directly to inquire about their potential intentions to sell. To help you make a strong first impression, we can assist by reaching out to these owners with compelling proposals created using our AI tool.

    1007 College Ct
    PARKING LOT

    1007 College Ct, Madison, WI 53715

    Value Estimation by Request
    0.14 AC lot
    View details
    118 Pinckney St
    PARKING GARAGE, PARKING STRUCTURE

    118 Pinckney St, Madison, WI 53703

    $3,240,000
    Estimated value
    53,000 sqft 0.29 AC lot
    View details
    17 Dayton St
    PARKING GARAGE, PARKING STRUCTURE

    17 Dayton St, Madison, WI 53703

    $3,610,000
    Estimated value
    61,500 sqft 0.29 AC lot
    View details
    936 Fahrenbrook Ct
    PARKING LOT

    936 Fahrenbrook Ct, Madison, WI 53715

    $800,000
    Estimated value
    0.15 AC lot
    View details
    2150 Commercial Ave
    PARKING LOT

    2150 Commercial Ave, Madison, WI 53704

    Value Estimation by Request
    4.17 AC lot
    View details
    517 Tasman St
    PARKING LOT

    517 Tasman St, Madison, WI 53714

    $925,000
    Estimated value
    0.57 AC lot
    View details
    2717 Monroe St
    PARKING LOT

    2717 Monroe St, Madison, WI 53711-1803

    Value Estimation by Request
    0.17 AC lot
    View details
    42 Schroeder Ct
    PARKING LOT

    42 Schroeder Ct, Madison, WI 53711-2525

    $5,100,000
    Estimated value
    1.05 AC lot
    View details
    1347 Fish Hatchery Rd
    PARKING LOT

    1347 Fish Hatchery Rd, Madison, WI 53715

    $4,250,000
    Estimated value
    24,078 sqft 3.62 AC lot
    View details
    1601 Sherman Ave
    PARKING LOT

    1601 Sherman Ave, Madison, WI 53704

    $1,400,000
    Estimated value
    3.42 AC lot
    View details
    309 Russell St
    PARKING LOT

    309 Russell St, Madison, WI 53704

    Value Estimation by Request
    0.11 AC lot
    View details
    416 Washington Ave
    PARKING LOT

    416 Washington Ave, Madison, WI 53703-2704

    Value Estimation by Request
    0.13 AC lot
    View details
    118 King St
    PARKING LOT

    118 King St, Madison, WI 53703

    $5,300,000
    Estimated value
    0.11 AC lot
    View details
    2015 Atwood Ave
    PARKING LOT

    2015 Atwood Ave, Madison, WI 53704

    Value Estimation by Request
    1,176 sqft 0.12 AC lot
    View details
    631 Washington Ave
    PARKING LOT

    631 Washington Ave, Madison, WI 53703

    Value Estimation by Request
    0.26 AC lot
    View details
    1126 Huxley St
    PARKING LOT

    1126 Huxley St, Madison, WI 53704

    Value Estimation by Request
    881 sqft 1.81 AC lot
    View details
    436 Main St
    PARKING LOT

    436 Main St, Madison, WI 53703

    Value Estimation by Request
    0.25 AC lot
    View details
    6337 Odana Rd
    PARKING LOT

    6337 Odana Rd, Madison, WI 53719

    $7,460,000
    Estimated value
    5.30 AC lot
    View details
    818 Badger Rd, Unit PKG
    PARKING LOT

    818 Badger Rd, Madison, WI 53713-2581

    Unit PKG
    $1,330,000
    Estimated value
    0.20 AC lot
    View details
    4409 Pflaum Rd
    PARKING LOT

    4409 Pflaum Rd, Madison, WI 53716

    $670,000
    Estimated value
    0.67 AC lot
    View details
    2943 University Ave
    PARKING LOT

    2943 University Ave, Madison, WI 53705

    Value Estimation by Request
    0.16 AC lot
    View details
    3833 Busse St
    PARKING LOT

    3833 Busse St, Madison, WI 53714-2817

    Value Estimation by Request
    3,000 sqft 0.25 AC lot
    View details
    9 Park St
    PARKING LOT

    9 Park St, Madison, WI 53715-1218

    $4,455,000
    Estimated value
    0.11 AC lot
    View details

    Madison, WI Parking Lots & Garages Market Trends and Statistics

    Explore 72 parking lots & garages for sale in Madison, WI on our real estate platform. These investment opportunities span a total of 10,512 square feet of properties for sale, with an estimated market value of $3,500,000.

    Sale prices for parking garages in Madison, WI start at $3,500,000, averaging $3,500,000, and reaching up to $3,500,000 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

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    Top Commercial Asset Segments

    Commercial property segments ranked by active listings on the market

    Office Spaces 244
    Office Units 144
    Retail properties & Spaces 109
    Industrial properties 73
    Office buildings 73

    Demographics Overview

    Population 309K
    Population Growth (5Y) +2.9%
    Median Household Income $76,348
    College Educated 30.0%

    High-Yield Neighborhoods for Investment

    Identify Madison submarkets with the highest inventory density on the market and evaluate the average listing prices of real estate assets

    Neighborhood Average Price
    53704 $1.5M

    Taxes & Financing

    Tax Rate (average for all types) 1.78%
    Property Tax per SF $25.86 per SF
    Average Loan-to-Value 65.0%

    Listings Trend

    New vs delisted commercial listings in Dane County

    New Delisted

    Total CRE Inventory on Market (SF)

    Property Size Breakdown

    The majority of commercial real estate listings in Madison fall within the 100,000+ square foot range.

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