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Property profile & analytics
OFF-MARKET
Turn key restaurants

1026 Sherman Ave Madison, WI 53704-4233

1,512 SF 0.31 ac lot Built 1969
Entity Owned 1-yr Hold Free & Clear
Property ID
US92-0054211
Property summary
AI-generated overview

This exceptional commercial property at 1026 N Sherman Avenue in Madison, Wisconsin, presents a unique investment opportunity. The 1,512 square foot building sits on a 0.31-acre lot and is currently home to Caf La Bellitalia, a well-established Italian restaurant with an 18-year history in the community. The restaurant is known for its authentic Italian cuisine and experienced chefs, boasting over 35 years of combined culinary expertise from Italy. Its prime location on Sherman Avenue offers easy access to downtown Madison, Maple Bluff, nearby golf courses, and other key amenities, ensuring high visibility and convenient access for patrons. The property's strong reputation and loyal customer base provide a solid foundation for continued success. This presents a rare chance to acquire a turn-key operation with significant growth potential, allowing a new owner to build upon the existing legacy while implementing their own vision and strategies. The asking price for this exceptional property is $650,000. The building's size and location make it suitable for a variety of commercial uses, beyond its current operation as a restaurant. Serious inquiries are encouraged.

Property profile
Verified
Property type Turn key restaurants
Use group RESTAURANT
Year built 1969
Total area 1,512 SF
Lot 0.31 ac (13,592 SF)
Zoning code CC-T
APN 0709-011-1205-6
UPID US92-0054211
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
  • Cafe la Bellitalia Restaurant
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
by Request
Owner & transaction history
Bear Sports LLC · 1 yrs held
Bear Sports LLC
since 2025
Last sale
$450,000
3 recorded transactions
2025
$450,000
2006
$310,000
2006
Price N/A
Zoning & alternative use
CC-T · Madison, WI
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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