502 State St
Madison, WI 53703
Retail/Multi-Family Opportunity · Retail Property For Sale
INVESTMENT HIGHLIGHTS
- Two-story mixed-use building located in Downtown Madison, Wisconsin.
- The first floor offers three retail units, and the second floor has design plans to build out eight multi-family units.
- Situated on a corner with excellent visibility and over 150 feet of road frontage along Gilman Street and State Street.
- Great location next to the University of Wisconsin-Madison and positioned between Lake Mendota and Lake Monona.
PROPERTY FACTS
Property Type
Retail
Property Subtype
Storefront Retail/Residential
Building Size
7,537 SF
Building Class
C
Year Built
1920
Tenancy
Multiple
Building Height
2 Stories
Zoning
C-2 - Commercial District
Frontage
AMENITIES
- Bus Line
- Signage
PROPERTY TAXES
| Parcel Number | 0709-144-2023-0 | Improvements Assessment | $1,505,000 |
| Land Assessment | $285,000 | Total Assessment | $1,790,000 |
