311-315 State St Madison, WI 53703
- Retail properties
- 14,534 SF
- 0.20 lot acres
Current Use by Public Records
- Retail properties
Property Details for 311-315 State St
- Year built
- 1928
- Lot size
- 0.20 lot acres
- Property size
- 14,534 SF
- Property type
- Retail properties
- Property subtype
- Restaurants
Description
This exceptional mixed-use property, located at 311-315 State Street in the heart of Madison's vibrant Central submarket, presents a unique investment opportunity. The building, constructed in 1928 and renovated in 1995, boasts a total of 14,534 square feet across two stories, with 2,900 square feet currently available for lease. Situated on a 0.2-acre lot (8,824 square feet), this Class B property features a prime location with high visibility and foot traffic. The space includes recently updated kitchen areas and bathrooms, new electrical systems, large front windows for optimal natural light, and lit exterior signage. A full Class B liquor license is available for qualified tenants. The kitchen area features stainless steel lining and a new sealed tile floor. Recent improvements also include two new 5-ton air compressors (installed one year ago) and a roof exhaust system. High ceilings (12 feet) and LED panel lighting enhance the space. The property is zoned DC and is located in Dane County, Wisconsin, zip code 53703. This property benefits from a long history of successful tenancy and is ready for a new chapter.
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
- -89.3907
- Latitude
- 43.0747
