Property profile

600 Williamson St Madison, WI 53703

OFF-MARKET
Strip malls
Property ID
US92-0529318
34,848 SF 1.56 ac lot Built 1985
Entity Owned Absentee Owner ~ Est. High Equity
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Property summary

AI-generated overview

This exceptional 42,000 square foot retail property, located at 600 Williamson St in Madison, Wisconsin, presents a unique opportunity. Currently zoned for retail and commercial use, this single-story Class B building offers 12 suites, with one vacant suite totaling 4,500 square feet immediately available. Built in 1960 and extensively renovated in 2007, the property boasts high ceilings and abundant natural light thanks to strategically placed skylights. The space is ideally suited for a fitness center, inheriting existing showers and potential equipment from a retiring owner. Ample parking is provided with 82 spaces, a significant advantage in the bustling downtown Madison area. The minimum divisible space is 4,500 square feet, with a maximum contiguous space also at 4,500 square feet. Utilities include natural gas. The property is situated in Dane County, Wisconsin, with convenient access via Blair St. Property taxes are $1.75 per square foot. This is a rare chance to acquire a well-established fitness space in a vibrant downtown location. The property's existing infrastructure and prime location make it an attractive investment opportunity. Don't miss this chance to establish or expand your business in a thriving Madison neighborhood. The 53703 zip code ensures easy access to the city's amenities and a strong customer base.

Property profile

Verified
Property type Strip malls
Use group SHOPPING CENTER, STRIP CENTER
Year built 1985
Total area 34,848 SF
Lot 1.56 ac (68,041 SF)
Zoning code HIS-TL TE WP-17
APN 0709-134-1902-8
UPID US92-0529318

Cap rate & NOI

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

Current use

Occupant on record · Public records
  • Physician
  • Insurance Agency
  • Restaurant
  • Hair Salon
  • Alternative Medicine Practice Spa & Massage Center

Location

600 Williamson St Madison, WI 53703-3588
Madison metro Census 1901 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
$4.41M
Blend (final) Blend
$3.97M

Owner & transaction history

since 2026
7 recorded transactions
2026
Price N/A
2025
Price N/A
2023
Price N/A
2022
Price N/A
2022
Price N/A
2018
Price N/A
2018
Price N/A

Zoning & alternative use

HIS-TL TE WP-17 · Madison, WI

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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