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    1602 Gilson St Madison, WI 53715-2128
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    Property profile & analytics

    1602 Gilson St, Madison, WI 53715-2128

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    • Bars & Pubs
    • 1,800 SF
    • 0.19 lot acres
    Off-Market
    Property ID
    US92-1088526
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Value Estimations
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Funk Factory Geuzeria / Production Facility / Brewery & Distillery
    • Black Rose Blending Co. / Production Facility / Brewery & Distillery

    Property Details for 1602 Gilson St

    Year built
    1947
    Lot size
    0.19 lot acres
    Zone code
    TE
    Property type
    Bars & Pubs
    Property subtype
    Pubs
    APN
    0709-264-0712-7
    APU
    70926407127

    Sales History

    Date Price Buyer Seller Deed Type Mortgage
    Apr 7, 2015 $85,000 Brown Building LLC Richard H Lebeck Deed $120k · Summit Cu
    — — Brown Building LLC — Deed Of Trust · related $155k · Summit Cu

    Description

    This exceptional 5,300 square foot taproom located at 1602 Gilson Street in Madison, Wisconsin, presents a unique opportunity for an immediate business launch. Situated on a 0.19-acre lot in a rapidly developing neighborhood, this property boasts a fully equipped interior, including a custom-built bar, two ADA-compliant restrooms, and a walk-in cooler. The existing infrastructure also includes ample seating arrangements with built-in racks and tables, complemented by two inviting outdoor seating areas. Convenient street parking is readily available for patrons. The property is offered at $1,275,000. The space is turnkey, allowing a new owner to begin operations swiftly. It's important to note that the tenant is responsible for obtaining all necessary permits and licenses to operate the business. Property taxes are shared proportionally with other tenants in the building, based on square footage. This is a rare chance to acquire a fully functional and well-appointed taproom in a prime Madison location, poised for immediate success. The existing setup minimizes start-up costs and allows for a quick transition into ownership. Don't miss this chance to establish your business in a thriving neighborhood.


    Value Estimations

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    Location Insight

    • Map
    • Local Demand
    City
    Madison
    County
    Dane
    State
    Wisconsin
    Longitude
    -89.3922
    Latitude
    43.0501
    CBSA code
    31540
    CBSA name
    MADISON, WI METROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2022
    $8,000
    $75,000
    $353,000
    $428,000
    -
    $0.00
    $0.00
    $0.00
    More about this property
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