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

Mixed-use 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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