Property profile

313 Wilson St Madison, WI 53703

OFF-MARKET
Retail properties & Spaces
3,321 SF Built 1900
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Property summary

AI-generated overview

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 profile

Verified
Property type Retail properties & Spaces
Year built 1900
Total area 3,321 SF

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

313 Wilson St Madison, WI 53703
Madison metro
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Value estimations

Realmo proprietary · 4 methods
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Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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