214 State St | Madison, WI 53703
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- LoopNet Team
214 State St
Madison, WI 53703
Retail Property For Sale
INVESTMENT HIGHLIGHTS
- State Street is Madison’s most walkable area.
- Retail rents on State Street, especially for smaller units, reaches into the $36.00—40.00 NNN range
- Neighbors include a number of coffee shops, lunch venues, bars, restaurants and entertainment (Orpheum & Overture Center for the Arts).
- Madison’s Downtown apartment market boasts historically high rents and vacancy below market equilibrium.
- Large City of Madison parking garage located immediately behind this site.
- Perfect blend of student activity, high income millennials and empty nesters taking in the arts, markets, high end bars and restaurants.
PROPERTY FACTS
Property Type
Retail
Property Subtype
Storefront Retail/Residential
Building Size
5,368 SF
Building Class
C
Year Built/Renovated
1908/1993
Tenancy
Multiple
Building Height
3 Stories
Building FAR
2.46
Lot Size
0.05 AC
Zoning
C-4
Frontage
26’ on State St
AMENITIES
- Bus Line
- Signage
PROPERTY TAXES
| Parcel Number | 0709-144-2710-3 | Improvements Assessment | $815,000 |
| Land Assessment | $120,000 | Total Assessment | $935,000 |
PROPERTY TAXES
Parcel Number
0709-144-2710-3
Land Assessment
$120,000
Improvements Assessment
$815,000
Total Assessment
$935,000
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