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OFF-MARKET
Retail properties & Spaces

108 King St Madison, WI 53703

Property ID
Property summary
AI-generated overview

This exceptional downtown Madison investment opportunity, located at 108 King Street, presents a fully furnished restaurant with significant seating capacity. The main level boasts indoor seating for approximately 80 patrons and expansive outdoor seating for roughly 150, providing ample space for a thriving business. The property's prime location just off Capital Square ensures high visibility and foot traffic. Adding to its appeal is a brand new, 1,470 square foot luxury apartment on the upper level, offering versatile potential for office space, additional residential units, or retail use. This upper unit presents a significant additional revenue stream or expansion opportunity. The restaurant enjoys convenient access to both King Street and Main Street, enhancing its accessibility and appeal. Parking is readily available with a parking ramp directly across the street, metered parking on both the front and back of the building, and a public lot just one block away. This unique property offers a blend of established commercial income and significant upside potential, making it an attractive investment in a vibrant and desirable location. The asking price is $1,850,000.

Property profile
Verified
Property type Retail properties & Spaces
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
  • Jalisco Cocina Mexicana Restaurant
Value estimations
Realmo proprietary · 4 methods
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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