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$1,199,000

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3 Beds

3.5 Baths

4,286 SqFt

Offer Show

510-516 S Park Street Madison, WI 53715

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Minter Team Real Estate

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Key Details

Property Type Multi-Family

Sub Type Apartment building,2 story,2 flat-up and down,Other,2 houses on 1 lot

Listing Status Offer Show

Purchase Type For Sale

Square Footage 4,286 sqft

Price per Sqft $279

MLS Listing ID 2008494

Bedrooms 3

Full Baths 2

Half Baths 3

Year Built 1922

Annual Tax Amount $14,043

Tax Year 2024

Lot Size 7,361 Sqft

Acres 0.169

Property Sub-Type Apartment building,2 story,2 flat-up and down,Other,2 houses on 1 lot

Property Description

Rare opportunity to own 2 buildings, 2 commercial spaces, 4 apartments, oversized two car garage with ample parking on the booming S Park St corridor! This property is adjacent to Vilas/Greenbush neighborhood and walkable to everything downtown! The commercial tenants include Cordial Bar, where the motto is, "Outside's a Dive, Inside's a Vibe". They have been in business for 4 years and have an initial 10 year lease term. The adjacent commercial tenant has been there for years, as a well established business, Spike-O-Matic Tattoo. There are 2 large apartments above the commercial spaces. There is an additional 2 flat included, just North of the primary building. With well established commercial tenants, renovated apartments and an outstanding location, the options are endless!

Location

State WI

County Dane

Area Madison - C W14

Zoning TSS

Direction Right on S Park

Rooms

Basement Full, Poured concrete foundatn

Interior

Heating Forced air

Inclusions All, seller owned, on site appliances, HVAC, water heater(s), water softener(s), used for the daily operations of the property.

Heat Source Natural Gas

Exterior

Parking Features 2 stall garage, Detached, Outside

Utilities Available Separate elec meters, Separate gas meters

Building

Water Municipal sewer, Municipal water

Structure Type Brick,Wood

Schools

Elementary Schools Franklin/Randall

Middle Schools Hamilton

High Schools West

School District Madison

Others

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510-516 S Park Street Madison, WI 53715

Minter Team Real Estate

Key Details

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510-516 S Park Street