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502 State St

Madison, WI 53703
  • $8,000
  • STATUS: Active
  • ON SITE: 292 Days
  • ID#: 1905138
UPDATED: 9 min ago
$8,000
  • 0
    BEDS
  • N/A
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
  • 7,537
    SQFT
  • $1
    $/SQFT
Neighborhood:
Type:
Commercial-Lease
Built:
1890
County:

School Ratings & Info

Listing courtesy of Tri-River Realty

Description

FOR LEASE. $8000 per month for this stand Alone building at Fantastic location! This building, at the corner of State Street & Gilman St and facing N Broom St is one of few buildings in Madison downtown area possesses the best and greatest exposure. Koi Sushi is currently running at this location by the property owner. Various types of drinking are also provided; $50K for all restaurant and Sushi bar equipment, $1.9K for all bar /drink/coffee equipment; Tenants shall pay 45% of the building property tax & the property insurance on top of the monthly rent; Tenants shall also pay 45% of the water bill.

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© 2022 South Central Wisconsin MLS Corporation. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or Charlie Wills Team | First Weber Inc. Data last updated: 2022-01-16T23:41:21.65.
www.charliewills.team/homes/115571476
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502 State St Madison, WI 53703

  • Price: $8,000
  • Status: Active
  • On Site: 292 Days
  • Updated: 9 min ago
  • ID#: 1905138
0
Beds
0
Baths
0
½ Baths
N/A
Acres
7,537
SQFT
$1
$/SQFT
1890
Built
Neighborhood:
Madison - C W01
County:
Dane
Area:
Madison - C W01
Property Description
FOR LEASE. $8000 per month for this stand Alone building at Fantastic location! This building, at the corner of State Street & Gilman St and facing N Broom St is one of few buildings in Madison downtown area possesses the best and greatest exposure. Koi Sushi is currently running at this location by the property owner. Various types of drinking are also provided; $50K for all restaurant and Sushi bar equipment, $1.9K for all bar /drink/coffee equipment; Tenants shall pay 45% of the building property tax & the property insurance on top of the monthly rent; Tenants shall also pay 45% of the water bill.
Exterior Features

Building Parking No Parking Exterior BrickSteelStone Loading Docks 0 Location Business DistrictCornerFree StandingNear Public Transportatn Roof All FlatRubber/Membrane Type RetailRestaurant/Supper ClubTavern

Interior Features

Ceiling Height Max 12 Ceiling Height Min 9 Heating Cooling Central AirForced Air Seating Capacity 31-50 Persons Unit1 Gross Sq Ft 2649

Property Features

Business Sale Yes City Town Or Village City County Quarter West Metro Madison Documents On File Blue Prints Fuel Natural Gas Lease Only Yes Lease Type Triple Net Licenses Food Mailing City Madison Net Taxes 40924 Occupancy Owner Present Use Restaurant/Supper ClubTavern Real Estate Sale No Sale Includes Other Source Sq Ft Assessor Tax Year 2020 Tenant Pays All Expenses Unit1 Annual Rent Per Sq Ft 36 Water Waste Municipal SewerMunicipal Water Year Built Source Assessor Zoning C2

Listing information © 2022 South Central Wisconsin MLS.
Listing provided courtesy of Tri-River Realty.



© 2022 South Central Wisconsin MLS Corporation. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or Charlie Wills Team | First Weber Inc. Data last updated: 2022-01-16T23:41:21.65.
 
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Charlie Wills Team | First Weber Inc
5609 Medical Circle, Suite 201
Madison WI, 53719
Listing courtesy of Tri-River Realty