7 W Main St Madison, WI 53703
For Lease
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This exceptional 8,620-square-foot restaurant and bar opportunity is situated on Madison's vibrant Capital Square, at 7 W Main St, 53703. The property boasts a prime location directly across from the Wisconsin State Capitol building, ensuring high visibility and significant foot traffic throughout the day. Thousands of state employees work within walking distance, creating a robust daytime clientele. The two-story building offers a versatile layout, with the main floor commanding a higher rental rate of $32 per square foot, while the upper level is available at $24 per square foot. The building features a single passenger lift elevator for convenient access to both levels. Evening business is further enhanced by the proximity to numerous downtown residences, major hotels, and the convention center, guaranteeing a steady stream of evening patrons. This unique vintage-styled space presents a rare chance to establish a thriving business in a highly desirable and well-trafficked area of Madison, Wisconsin. The entire 8,620 square feet is currently vacant, providing a blank canvas for a creative and ambitious entrepreneur. The property's location on Capital Square offers unparalleled exposure and accessibility.
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Representative David Craig State Government Office
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
DC · 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.