Property profile

1529 Gilson St Madison, WI 53715

OFF-MARKET
Retail space
Property ID
US92-0493417
4,960 SF 0.2 ac lot Built 1930
Entity Owned 12-yr Hold Free & Clear
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Property summary

AI-generated overview

This exceptional 5,580-square-foot commercial space in Madison, Wisconsin, presents a fantastic opportunity for businesses seeking a versatile and well-maintained property. Located at 1529 Gilson Street, this general commercial building sits on a 0.2-acre lot and offers a flexible layout, easily divisible into two separate sections. The property underwent a complete remodel in 2019, ensuring modern amenities and functionality. The interior features a robust 6-inch concrete floor equipped with drains, making it suitable for a range of industrial or commercial applications. Loading and unloading are facilitated by three overhead doors: two measuring 9x9 feet and one larger door at 10x12 feet. The property boasts two 200-amp electrical services, providing ample power for demanding operations. Importantly, the space is not suitable for automotive-related businesses. This prime Madison location offers easy access to major transportation routes and is available for occupancy beginning January 2025. This is a rare opportunity to secure a well-appointed, recently renovated commercial space in a thriving Wisconsin market. Contact us today to schedule a viewing and explore the possibilities.

Property profile

Verified
Property type Retail space
Use group RETAIL STORES (PERSONAL SERVICES)
Year built 1930
Total area 4,960 SF
Lot 0.2 ac (8,598 SF)
Zoning code TE
APN 0709-264-0923-0
UPID US92-0493417

Cap rate & NOI

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

Location

1529 Gilson St Madison, WI 53715-2125
Madison metro Census 1300 MADISON, WI METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
$607k
Blend (final) Blend
$325k

Owner & transaction history

since 2014
4 recorded transactions
2016
Price N/A
2014
$50,000
1969
Price N/A
1969
Price N/A

Zoning & alternative use

TE · Madison, WI
Zoning description

: Regional Mixed-Use THV: Tiny House Village Downtown and Urban Districts DC: Downtown Core UOR: Urban Office Residential UMX: Urban Mixed-Use DR1: Downtown Residential 1 DR2: Downtown Residential 2 Employment Districts…

General category INDUSTRIAL

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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