108 King St Madison, WI 53703
- Retail properties
Current Use by Public Records
- Jalisco Cocina Mexicana / Restaurant
Property Details for 108 King St
- Property type
- Retail properties
- Property subtype
- Restaurants
Description
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.
Value Estimation
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Madison
- County
- Dane
- State
- Wisconsin
- Longitude
- -89.3813
- Latitude
- 43.0749
