502 STATE ST Madison, WI 53703




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Key Details

Property Type: Industrial, Office, Retail-Commercial, Business Opportunity, Shopping Center

Sub Type: Retail,Restaurant/Supper Club,Tavern

Listing Status: Active

Purchase Type: For Sale

Square Footage: 7,537 sqft

Price per Sqft: $1

Lot Size: 4,356 Sqft

Year Built: 1890

MLS Listing ID: 1905138

Property Description

FOR LEASE. $8000 per month for this stand Alone building at Fantastic location! This building, at the corner of State Street & Gilman St and facing N Broom St is one of few buildings in Madison downtown area possesses the best and greatest exposure. Koi Sushi & Chili King are currently running at this location by the property owner. Various types of drinking are also provided; $50K for all restaurant and Sushi bar equipment, $1.9K for all bar /drink/coffee equipment; Tenants shall pay 45% of the building property tax & the property insurance on top of the monthly rent; Tenants shall also pay 45% of the water bill.


State: WI

County: Dane

Area: Madison - C W01

Zoning: C2

Direction: Building is at the corner of State St & Gilman St & N Broom St


Basement: Slab/None


Heating: Forced air,Central air

Cooling: Forced air,Central air


Garage: No Parking

Roof Type: All flat,Rubber/membrane


Story: 2

Water: Municipal water,Municipal sewer

Structure Type: Brick,Steel,Stone


Tax Amount: $40,924

Tax Year: 2020

SqFt Source: Assessor

Energy Description: Natural gas

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Listing provided by  Tri-River Realty

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    Bob Mandala Key Realty
    Bob Mandala

    Broker License ID: 475.134979

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    Bob Mandala

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