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408 E Wilson Street,  Madison,  WI  53703 $879,000 Offer-Show
408 E Wilson Street,  Madison,  WI  53703
$879,000
Offer-Show
More Photos
 Property Type Business/Commercial
 Parcel # 070913318197
 County Dane
 Sub Area E01
 Municipality Madison
 MLS# 1969624
 Listing Date 01/12/2024

MLS Public Remarks  Own piece of Madison history! Location is truly Madison's front door. First time on the market in 30 yrs! Well maintained classic two-story with first floor commercial space and second floor residential or commercial space. Full basement. Affordable live-work possibility. First floor features original intact pressed tin ceiling, hardwood floors and unique Luxfer glass storefront. First floor is finished with a FLWright vibe and ready to move into as office or retail. Second floor currently m-to-m lease as three bedroom apartment with a rear porch. Across street from proposed "Lakeside Front Porch" and new Boutique Hotel at former Rubin's furniture. Great Neighborhood with easy pedestrian access to King Street and Capitol Square. Current owner leases 2 off-street parking stalls from City.
Documents and Related Links  
1) City of Madison facade improvement grant
2) RECR
LOCATION  
  • Location  City
  • Other Marketing Area  
  • Mailing City  Madison
  • C/T/V  City
  • Unit #  
  • Directions  John Nolen Drive To East Wilson Street. Mid Block Near Cardinal Bar
    • 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  3,498
  • Net Leasable SqFt  3,498
  • Year Built  1893
  • Source for Year Built  Slr
  • Approx Bldg Dimen  24x72
  • Street Frontage  24
  • Parking Fees/Mo.  $150
  • Onsite Parking  None
  • # of Stories  2
  • Ceiling Height Min  12
  • Ceiling Height Max  12
  • Number of Loading Docks  0
  • Zoning  UMX
  • Est. Total Acres  0.05
  • Source Of Est Acres  PubR
  • Lot Dimensions  
  • Owner  
  • Tradename  
    • ASSESSMENT & TAXES  
  • Land Assessment  $100,000
  • Assessment Year  2023
  • Net Taxes  $11,760
  • Tax Year  2023
  • Improvements  $548,000
  • Total Assessment  $648,000
    • 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 None n/a 0 $0 $0 $0 1,738
    2 M-to-m 0 No $0 $0 $0 1,760
    3 - 0 0 $0 $0 $0 0
    Items Included Coca-Cola sign on side of building, appliances on second floor.
    Items Excluded  Tenants personal property.
    INTERIOR FEATURES  
  • Heating/Cooling  Central air, Forced air
  • Water/Waste  Municipal sewer, Municipal water
  • Basement  Full, Poured concrete foundatn
  • Fuel  Natural gas
  • Seating Capacity  1-10 persons
    • EXTERIOR FEATURES  
  • Type   Office, Retail, Service
  • Exterior Treatment  Brick, Wood
  • Building Parking  No Parking, Other
  • Roofing  All flat, Rubber/membrane
  • Terms/Option  Other
  • Miscellaneous  Internet - Cable
    • OTHER FEATURES  
  • Documents on File  Property Condition Report
  • Location  Business district, Free standing, Near public transportatn
  • Tenant Pays  N/A
  • Present Use  Living quarters, Office
  • Licenses  None
  • Lease Type  Mixed lease types, Month to month
  • Occupied by  Owner, Tenant(s)
  • Sale Includes  Easements, Signs
  • Features  Display window, Private Restrooms, Private office(s), Reception area, Residential unit(s), Signage available



    • Above Information Deemed Reliable, But Not Guaranteed

    Listing Courtesy of Keller Real Estate, Llc