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1602 S Park St - S. Park St 1.4 Acres of Commercial Land Offered at $2,400,000 in Madison, WI 53715

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EXECUTIVE SUMMARY

The property presents an excellent opportunity for redevelopment within the Park Street gateway to Downtown Madison. Major redevelopment has already occurred in the area, including healthcare (SSM & UW out-patient clinics), market rate and affordable apartments (The Sofia, Peleton Residences, Park Cedar Apartments), Class A office (The Hub), retail (future grocery store, new Starbucks) and community organizations (Centro Hispano, Center for Black Excellence). Available for $2.4M to $6M depending on what part of the site you purchase. Availability ranges from 1.4 to 3.27 acres.

Marketing Flyer Labor Temple revised

PROPERTY FACTS

Price	$2,400,000	Property Subtype	Commercial
Sale Type	Investment	Proposed Use	Commercial Apartment Units Medical
Sale Condition	Redevelopment Project	Total Lot Size	1.40 AC
No. Lots	1	Parcel Number	0709-263-0101-4
Property Type	Land
Zoning	CC-T - Commercial Center - Transitional

Price	$2,400,000
Sale Type	Investment
Sale Condition	Redevelopment Project
No. Lots	1
Property Type	Land
Property Subtype	Commercial
Proposed Use	Commercial Apartment Units Medical
Total Lot Size	1.40 AC
Zoning	CC-T - Commercial Center - Transitional
Parcel Number	0709-263-0101-4

1 LOT AVAILABLE

Lot

Price	$2,400,000	Lot Size	1.40 AC
Price Per AC	$1,714,285.71

Price	$2,400,000
Price Per AC	$1,714,285.71
Lot Size	1.40 AC

Corner site - 1.4 acres for apartment building development. In a TIF district and zoning allows higher density.

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Walk Score®

Very Walkable (77)

Bike Score®

Biker's Paradise (100)

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(608) 444-1911

CONTACTS

Chris Caulum
Bryant Meyer
Oakbrook Corporation

Listing ID: 38028331
Date on Market: 10/10/2025
Last Updated:
Address: 1602 S Park St, Madison, WI 53715

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1602 S Park St, Madison, WI for sale Primary Photo- Image 1 of 2 — Labor Temple 2

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