106 King StMadison, WI 53703

Property Details for 106 King St

Lot size

0.04 AC

Property size (Sq ft)

3,080 SF

Property type

Retail properties

Property subtype

Other retail properties

Description

This exceptional mixed-use property at 106 King Street in Madison, Wisconsin, presents a compelling investment opportunity. The building, situated on a 0.04-acre lot (1,742 square feet), boasts a total of 3,080 square feet across two stories and a basement. The asking price is $1,700,000, translating to $551.95 per square foot. The property is zoned DC and features a versatile layout ideal for a variety of uses. The main floor offers 1,650 square feet of space, previously occupied by a restaurant, while the second floor provides an additional 1,700 square feet. A sizable 1,600-square-foot basement adds further potential. Located in Madison's Central submarket, with a cross street of 113 E Main St, this property benefits from excellent visibility and accessibility. The building's multi-tenant capacity allows for diverse income streams and flexible operational strategies. This is a rare chance to acquire a well-positioned, income-generating property in a thriving Wisconsin market. The property's size, location, and zoning make it an attractive prospect for both seasoned investors and those seeking a high-return venture. The building's history as a restaurant provides a solid foundation for future tenants, while the ample space offers significant potential for redevelopment or expansion. This is a turnkey opportunity to capitalize on the vibrant Madison real estate market.

Location Insight

City

Madison

County

Dane

State

Wisconsin

Latitude

43.0749

Longitude

-89.3813

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