Property summary
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
VerifiedCap rate & NOI
Current use
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Physician
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Insurance Agency
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Restaurant
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Hair Salon
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Alternative Medicine Practice Spa & Massage Center
Location
Value estimations
Owner & transaction history
Zoning & alternative use
Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Value estimation
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from $99/month
Cap rate
Cap rate calculated from real income and expense signals, benchmarked against sales of similar assets nearby.
from $99/month
Price sensitivity
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Property tax & assessments
Tax year 2022Property description
Physical attributes from public recordsZoning & alternative use
HIS-TL TE WP-17 · Madison, WIZoning
The recorded zoning designation, what the district officially allows, and the municipal source it comes from.
Zoning designation
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The district profile from the municipal source: what is on file for HIS-TL TE WP-17 in Madison, WI.
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