Sports & Entertainment

Madison, WI Sports & Entertainment Properties for Sale

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Historic Theater with Restored Marquee
Updated: Oct 4
Historic Theater with Restored Marquee

216 STATE ST, Madison, WI 53703

Contact for pricing
41,930 sqft
41,930‑square‑foot, three‑story theater with 1,727 seats
100% leased to Live Nation Worldwide, Inc. through February 2032 under a NNN lease
Renovations in 2013, 2016, and 2022 included seating, carpeting, HVAC, electrical systems, and lighting
Marquee restoration and bar and back‑of‑house improvements
Built in 1927 and listed on the National Register of Historic Places
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Scored against comparables nationwide. These are worth a look.

Scored against comparables nationwide. These are worth a look.

Cap Rate available after sign in
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Local Demand available after sign in
1 active listing matches your search: Sports & Entertainment for sale in Madison, WI. Based on your search, we've also compiled 79 Potential Opportunities for your consideration: 4 properties in nearby cities, 71 off-market properties to explore as potential leads, and 4 land listings with development potential.

Opportunities in Nearby Cities

Here are 4 Similar properties we found in Nearby Locations for your consideration.

2-Unit Mixed-Use Building
2-Unit Mixed-Use Building

205 S 3rd Street, Watertown, WI 53094

$349,500
6,640 sqft

Both occupants are interested in continuing their tenancies, including a fitness center and a remodeled office suite.

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Two-Unit Mixed-Use Building
Two-Unit Mixed-Use Building

205 S 3rd St, Watertown, WI 53094

$349,500
6,640 sqft

Commercial zoning and separate fitness and office spaces provide two distinct commercial occupancies.

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Mixed-Use Athletic Center
Mixed-Use Athletic Center

2300 Highway 51 & 138, Stoughton, WI 53589

$5,900,000
64,250 sqft 4.82 AC lot

Multi-tenant commercial facility combining athletic, fitness, healthcare, dining, entertainment, and event-oriented operations.

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Fitness Center Anchor Space
Fitness Center Anchor Space

2300 Highway 51 & 138, Stoughton, WI 53589

$98,151
64,250 sqft 4.82 AC lot

Flexible commercial space with studios, offices, high ceilings, dedicated restrooms, and prominent exterior signage.

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Potential Development Sites for Consideration

Can't find the perfect fit? These Land listings present an alternative path: the potential to develop a property for your specific goals.

Important: These AI-suggestions are a starting point, not a guarantee of permitted use. All zoning, permitting, and land use information must be independently verified by you with the appropriate local authorities before making any commitments.

Highway-Accessible Commercial Land
Highway-Accessible Commercial Land

3345 Highway 151, Sun Prairie, WI 53590

$599,900
0.97 AC lot

C-1-zoned commercial land positioned along Highway 151 with interstate access and visibility within an active business corridor.

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Cross Plains Land Opportunity
Cross Plains Land Opportunity

L77 Marchstone Boulevard lot: 77, Cross Plains, WI 53528

$159,900
0.25 AC lot

Land in proposed golf course community, Cross Plains, Wisconsin.

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Cross Plains Land Opportunity
Cross Plains Land Opportunity

L111 Hillcroft Lane lot: 111, Cross Plains, WI 53528

$179,900
0.26 AC lot

Land for sale in proposed golf course community.

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Cross Plains Land Opportunity
Cross Plains Land Opportunity

L9 Marchstone Boulevard lot: 9, Cross Plains, WI 53528

$159,900
0.26 AC lot

Land in proposed golf course community, Cross Plains, Wisconsin.

View details

Off-Market Properties in Madison, WI

Consider similar Off-Market properties in Madison, WI. You may contact the owners directly to inquire about their potential intentions to sell. To help you make a strong first impression, we can assist by reaching out to these owners with compelling proposals created using our AI tool.

2121 Spgs Dr
BOWLING ALLEY

2121 Spgs Dr, Madison, WI 53704-7422

Estimated value:
$4,190,000
46,890 sqft 4.97 AC lot
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113 Mifflin St
THEATER (MOVIE)

113 Mifflin St, Madison, WI 53703-2824

Estimated value:
$405,000
5,808 sqft 0.13 AC lot
View details
3201 Anderson St
RECREATIONAL, ENTERTAINMENT

3201 Anderson St, Madison, WI 53704

Estimated value:
$290,000
43.83 AC lot
View details
5330 Hoboken Rd
RECREATIONAL, ENTERTAINMENT

5330 Hoboken Rd, Madison, WI 53713-1659

Estimated value:
$420,000
3,456 sqft 0.29 AC lot
View details
818 Thompson Dr
RECREATIONAL, ENTERTAINMENT

818 Thompson Dr, Madison, WI 53704-7837

Estimated value:
$340,000
0.17 AC lot
View details
25 Burrows Rd
RECREATIONAL, ENTERTAINMENT

25 Burrows Rd, Madison, WI 53704-5972

Estimated value:
$1,560,000
9.61 AC lot
View details
2401 Waterfall Way
RECREATIONAL, ENTERTAINMENT

2401 Waterfall Way, Madison, WI 53718

Estimated value:
$385,000
6.04 AC lot
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202 Ingersoll St
RECREATIONAL, ENTERTAINMENT

202 Ingersoll St, Madison, WI 53703-3554

Estimated value:
$1,695,000
22,794 sqft 1.87 AC lot
View details
221 Yahara Riv
RECREATIONAL, ENTERTAINMENT

221 Yahara Riv, Madison, WI 53704

Estimated value:
$190,000
0.55 AC lot
View details
201 Ingersoll St
RECREATIONAL, ENTERTAINMENT

201 Ingersoll St, Madison, WI 53703

Estimated value:
$360,000
4,800 sqft 3.08 AC lot
View details
215 Brearly St
RECREATIONAL, ENTERTAINMENT

215 Brearly St, Madison, WI 53703

Estimated value:
$305,000
1,401 sqft 0.85 AC lot
View details
115 King St
THEATER (MOVIE)

115 King St, Madison, WI 53703-3313

Estimated value:
$420,000
3,960 sqft 0.09 AC lot
View details
837 Hughes Pl
RECREATIONAL, ENTERTAINMENT

837 Hughes Pl, Madison, WI 53713-2511

Estimated value:
$275,000
3,264 sqft 0.27 AC lot
View details
444 Grand Cyn Dr
BOWLING ALLEY

444 Grand Cyn Dr, Madison, WI 53719-1006

Estimated value:
$725,000
23,312 sqft 3.19 AC lot
View details
4335 Doncaster Dr
RECREATIONAL, ENTERTAINMENT

4335 Doncaster Dr, Madison, WI 53711-3717

Estimated value:
$210,000
0.38 AC lot
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1736 Waldorf Blvd
RECREATIONAL, ENTERTAINMENT

1736 Waldorf Blvd, Madison, WI 53719-4557

Estimated value:
$190,000
1.79 AC lot
View details
902 Magnolia Ln
RECREATIONAL, ENTERTAINMENT

902 Magnolia Ln, Madison, WI 53713-2515

Estimated value:
$385,000
3,264 sqft 0.65 AC lot
View details
126 Yellowstone Dr
RECREATIONAL, ENTERTAINMENT

126 Yellowstone Dr, Madison, WI 53705-4265

Estimated value:
$240,000
9.85 AC lot
View details
1625 Yahara Pl
RECREATIONAL, ENTERTAINMENT

1625 Yahara Pl, Madison, WI 53704

Estimated value:
$295,000
2.11 AC lot
View details
1825 Yahara Pl
RECREATIONAL, ENTERTAINMENT

1825 Yahara Pl, Madison, WI 53704

Estimated value:
$170,000
1.76 AC lot
View details
2025 Yahara Pl
RECREATIONAL, ENTERTAINMENT

2025 Yahara Pl, Madison, WI 53704

Estimated value:
$205,000
1.52 AC lot
View details
2125 Yahara Pl
RECREATIONAL, ENTERTAINMENT

2125 Yahara Pl, Madison, WI 53704

Estimated value:
$255,000
0.60 AC lot
View details
602 Wyalusing Dr
RECREATIONAL, ENTERTAINMENT

602 Wyalusing Dr, Madison, WI 53718

Estimated value:
$290,000
6.03 AC lot
View details

Madison, WI Sports & Entertainment Properties Market Trends and Statistics

Explore 72 sports & entertainment properties for sale in Madison, WI on our real estate platform. These investment opportunities span a total of 41,930 square feet of properties for sale.

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Top Commercial Asset Segments

Commercial property segments ranked by active listings on the market

Fitness centers & gyms 3
Theaters & concert halls 1

Demographics Overview

Population 309K
Population Growth (5Y) +2.9%
Median Household Income $76,348
College Educated 30.0%

Taxes & Financing

Tax Rate (average for all types) 1.78%
Property Tax per SF $25.86 per SF
Average Loan-to-Value 65.0%

Listings Trend

New vs delisted commercial listings in Dane County

New Delisted

Total CRE Inventory on Market (SF)

Property Size Breakdown

The majority of commercial real estate listings in Madison fall within the 100,000+ square foot range.

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