608-251-8777
2 S Mills St, Madison, WI for Sale
Retail - FOR SALE
1/20
null | Request Cap Rate

2 S Mills St
Madison, WI 53715


HIGHLIGHTS

  • Located Between Downtown & UW Madison
  • 4 Blocks From Camp Randall Football Stadium
  • Walking Distance To UW Madison
  • First Floor Restaurant & 2 Apartment Units Above
  • Busy Corner Lot High Visibility
  • Great Site For Student Housing Redevelopment!

OVERVIEW

Mixed-use building for sale located between downtown Madison and UW Campus right on the corner of Regent St. & S. Mills St. There is a 2,464 sq.ft restaurant space on the first floor which holds a liquor license for a 880 person outdoor beer garden license during UW football games. Full commercial kitchen with a 20ft hood, front bar with beer tap system, dining area and walk-in coolers. In addition there are 11 parking spaces onsite plus a detached 3 car garage. On the second floor there is a 2 bedroom apartment with 1 full bath and a 3 bedroom apartment with 1 full bath. The entire property is owner occupied so there is some flexibility with occupancy. There also is potential for redevelopment of an 8 story hotel or to assemble the adjacent lots separately for a larger student housing redevelopment project (Subject to city approval)

FOR SALE DETAILS

PRICE

Request Info for Price

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY NAME

Mixed-Use Building Near UW Madison - For Sale

PROPERTY TYPE

Retail

ADD'L SUBTYPES

Freestanding, Storefront Retail/Residential

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1923

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.24 AC

LAND SF

10,524 SF

ZONING

TSS

APN/PARCEL ID

0709-224-0101-6

ASK ABOUT THIS PROPERTY

James StoppleMadison Property Management, Inc.More Info
608-251-8777

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James StoppleMadison Property Management, Inc.More Info
608-251-8777

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.