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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
81 FT on Gilman St

Amenities

  • Bus Line
  • Signage

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
0709-144-2023-0
Land Assessment
$285,000
Improvements Assessment
$1,435,000
Total Assessment
$1,720,000
  • Listing ID: 23847019

  • Date on Market: 8/5/2021

  • Last Updated:

  • Address: 502 State St, Madison, WI 53703

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