MLS Public Remarks Be a part of iconic State Street with this recently updated retail/restaurant opportunity. 2900 square feet, updated electrical and lighting, updated kitchen area, 2 new 5-ton AC compressors, roof exhaust system. Class B liquor license available. Outdoor seating option.
Location City
Other Marketing Area
Mailing City Madison
C/T/V City
Unit #
Directions State St Between Johnson And Gorham
Real estate for sale No
Business for sale No
For lease only Yes
Ann. Rent/SqFt $31
Total Units/Bldg 10
Building Gross SqFt 21,801
Net Leasable SqFt 2,900
Year Built 1928
Source for Year Built PubR
Approx Bldg Dimen 0
Street Frontage 62
Parking Fees/Mo. $0
Onsite Parking No
# of Stories 2
Ceiling Height Min 8
Ceiling Height Max 12
Number of Loading Docks 0
Zoning DC
Est. Total Acres 0.17
Source Of Est Acres PubR
Lot Dimensions
Owner
Tradename
Land Assessment $404,000
Assessment Year 2019
Net Taxes $53,625
Tax Year 2019
Improvements $1,757,000
Total Assessment $2,161,000
Income/Expenses Year $0
Gross Operating Income $0
Annual Operating Exp $0
Net Operating Income $0
| Unit |
Lease Type |
Lease Exp. Date |
Renewal Option |
Base Annual Rent |
Annual Rent/SqFt |
Other Fees/SqFt |
Gross SqFt |
| 1 |
NNN |
n/a |
0 |
$89,987 |
$31 |
$0 |
2,900 |
| 2 |
- |
0 |
0 |
$0 |
$0 |
$0 |
0 |
| 3 |
- |
0 |
0 |
$0 |
$0 |
$0 |
0 |
Items Included
Items Excluded
Heating/Cooling Central air, Forced air
Water/Waste Municipal sewer, Municipal water
Basement Partial
Fuel Natural gas
Seating Capacity
Type Restaurant/Supper Club, Retail
Exterior Treatment
Building Parking No Parking
Roofing All flat
Terms/Option
Miscellaneous
Documents on File
Location Business district
Tenant Pays Air Conditioning, Electric, Heat, Insurance, Sewer, Taxes, Water
Present Use Retail
Licenses Beer, Liquor
Lease Type Triple net
Occupied by
Sale Includes N/A
Features Alley
Above Information Deemed Reliable, But Not Guaranteed
Listing Courtesy of Re/Max Preferred
