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302 State St,  Madison,  WI  53703 $599,900 Sold
302 State St,  Madison,  WI  53703
$599,900
Sold
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 Property Type Business/Commercial
 Parcel # 0709-144-2808-6
 County Dane
 Sub Area W01
 Municipality Madison
 MLS# 1952783
 Listing Date 03/31/2023
 Sold Price $650,000
 Close Date 04/19/2023 12:00 AM

MLS Public Remarks  The Triangle Market Building, an icon- as recognizable on the Madison Real Estate landscape as the State Capitol, Monona Terr & Overture Center. This turn of the century building represents the finest example of Queen Anne Architecture in the city & has defined the uniqueness of Madison's diverse downtown for more than 130 yrs. Available to the public for the 1st time in over 40 yrs, this crown jewel of the State Street Business Dist could be yours! Featuring as prime of a mix of Retail & Residential Investment Property space as you are likely to find. The retail space offers steady rental income from an established running business & the upper 2 bedroom 1 bath apt is always easy to rent. Own a piece of Madison history! WORLD FAMOUS..TOURS DAILY..FREE ADMISSION!
Documents and Related Links  
1) Add S
2) Disclosure Report
3) Plat Map
* 1 Documents Not Available via MLS
LOCATION  
  • Location  City
  • Other Marketing Area  
  • Mailing City  Madison
  • C/T/V  City
  • Unit #  
  • Directions  East Johnson St To North On State St
    • BUILDING DESCRIPTION  
  • Real estate for sale  Yes
  • Business for sale  No
  • For lease only  No
  • Ann. Rent/SqFt  $0
  • Total Units/Bldg  2
  • Building Gross SqFt  1,548
  • Net Leasable SqFt  1,548
  • Year Built  1884
  • Source for Year Built  PubR
  • Approx Bldg Dimen  40x30
  • Street Frontage  94
  • Parking Fees/Mo.  $0
  • Onsite Parking  None
  • # of Stories  2
  • Ceiling Height Min  14
  • Ceiling Height Max  14
  • Number of Loading Docks  0
  • Zoning  DC
  • Est. Total Acres  0.02
  • Source Of Est Acres  PubR
  • Lot Dimensions  
  • Owner  
  • Tradename  
    • ASSESSMENT & TAXES  
  • Land Assessment  $45,000
  • Assessment Year  2022
  • Net Taxes  $8,318
  • Tax Year  2022
  • Improvements  $260,000
  • Total Assessment  $305,000
    • ANNUAL INCOME/EXPENSES  
  • Income/Expenses Year  $0
  • Gross Operating Income  $0
  • Annual Operating Exp  $0
  • Net Operating Income  $0
    • UNIT INFORMATION  
    Unit Lease Type Lease Exp. Date Renewal Option Base Annual Rent Annual Rent/SqFt Other Fees/SqFt Gross SqFt
    1 Commercial 12-31-2027 Yes $0 $0 $0 774
    2 Residentia 08/10/2024 Yes $0 $0 $0 774
    3 - 0 0 $0 $0 $0 0
    Items Included 1 Refrigerator, 1 Dishwasher, 1 Stove, 2 Dressers, 2 Twin Beds, 1 Leather Couch, All Window Treatments
    Items Excluded  Sellers or Tenants Personal Belongings
    INTERIOR FEATURES  
  • Heating/Cooling  Central air, Forced air
  • Water/Waste  Municipal sewer, Municipal water
  • Basement  Full
  • Fuel  Natural gas
  • Seating Capacity  
    • EXTERIOR FEATURES  
  • Type   Apartment building, Retail
  • Exterior Treatment  Brick, Steel
  • Building Parking  No Parking
  • Roofing  Rubber/membrane
  • Terms/Option  
  • Miscellaneous  
    • OTHER FEATURES  
  • Documents on File  Lease(s)
  • Location  Business district, Corner, Near public transportatn
  • Tenant Pays  N/A
  • Present Use  Apartment building, Retail
  • Licenses  
  • Lease Type  Partial net
  • Occupied by  
  • Sale Includes  Covenants, Easements, Furniture, Lease(s)
  • Features  Display window



    • Above Information Deemed Reliable, But Not Guaranteed

    Listing Courtesy of Re/Max Preferred