3313 University Ave Madison, WI 53705-2136
This exceptional commercial property, located at 3313 University Avenue in Madison, Wisconsin, presents a unique investment opportunity. The 36,623 square foot building, constructed in 1949 and renovated in 1995, is currently configured as a single-tenant retail space with a special purpose designation as an ATM/ITM drive-thru facility for a financial institution. While the building's interior is not available, this offering focuses on the highly desirable drive-thru component. Currently, 2,500 square feet are vacant, representing a significant opportunity for a financial institution seeking a prominent location. The property boasts a prime position on University Avenue, a major thoroughfare connecting Madison's west side to the downtown area and the University of Wisconsin-Madison campus. Its proximity to UW Hospital further enhances its appeal. The single-story building features electric power and benefits from a prominent location on the former Whole Foods site, including two-thirds ownership of the pylon sign. The property is zoned commercial and is situated near the intersection of University Avenue and Hill Street, in zip code 53705. This is a rare chance to secure a high-visibility drive-thru location without the overhead of extensive interior space, ideal for a financial institution seeking to serve customers efficiently and cost-effectively. No parking spaces are included with this offering.
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Fresh Bite cafe Cafe & Coffee Shop
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Hotco Noodles( In Fresh Mart) Restaurant
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Kikka Sushi Restaurant
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Whole Foods Bakery Bakery Specialty Food Shop
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2022Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
CC-T · Madison, WIMadison. Always verify with local authorities before improvements.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.