313 Wilson St Madison, WI 53703
- Retail properties
- 3,321 SF
Current Use by Public Records
- Retail properties
Property Details for 313 Wilson St
- Year built
- 1900
- Property size
- 3,321 SF
- Property type
- Retail properties
- Property subtype
- Restaurants
Description
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.
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
- -89.3776
- Latitude
- 43.0748
