Listing Provided Courtesy Of:
Tri-River Realty
Address
618-622 S Park St Madison, WI
Price
$ 755,000
Property Attributes
  • MLS#1915649
  • TypeBusiness Op
  • CountyDANE
  • CityMadison
  • AreaMADISON - C W14
  • Zip53715
  • StyleRetail,Office,Apartment building
  • Year Built1925
  • Taxes$ 9470
  • Price$ 755,000
  • Bedrooms0
  • Full Bathrooms0
  • Half Bathrooms0
  • Sqr Footage4050
Listing Provided Courtesy Of:
Tri-River Realty
Data Source:
South Central Wisconsin MLS (SCWMLS) - 258 - WI
Property Description

Rare opportunity for a Mixed-use building on Park St available for sale. Major remodeling was done to this old building in 2013: completely updated electric system, water pipes, HVAC systems, windows & doors, roof, bathrooms, flooring & new layout; First floor is office spaces; Owner is currently occupying one of the 5 office spaces; Two 2-bedroom apartments on the 2nd floor always fully leased, no vacancies at all; Apt B has a brand new kitchen in 2021, rent $1365 /Month; apt A $1340/Mo; Partially finished basement for office storage and Coin-operated laundry area. Excellent Location: Near capital & UW Campus; Between St. Mary and Merritt hospitals. Park St by far is the most racially and economically diverse area of Madison.

Price History
7/27/2021 Listed $755,000

General Features

Class Business/Comm
County Dane
County Qtr Section West Metro Madison
Directions Between Emerald St and Erin Street on the West side of S Park Street; Also, between St. Mary's and Meriter hospitals
Open House Date No
Roof Rubber/membrane
Street Name PARK ST
Tax Year 2020
Year Built 1925
Zoning TSS

Interior Features

Heating/Cooling Forced air, Central air
Stories 2
Total Number of Units 3

Exterior Features

Latitude 43.060497
Longitude -89.401081
Photo Count 80
Exterior Brick

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Primary On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Business Op Average in 53715

Price
AVG $920K
$760K
Taxes
AVG $15,350
$9,470
Visits
AVG 98
13
Year Built
AVG 1930
1925

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