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Executive Summary

Opportunity to acquire a highly visible commercial property along one of Madison's premier gateways into Downtown!
421 S. Park Street presents a rare opportunity to own a 4,905 square foot commercial building with exceptional visibility, dedicated on-site parking, and prominent signage along one of the city's busiest corridors. The property features a recently updated exterior, a flexible two-level floor plan suitable for a variety of retail, office, medical, or service users, and outstanding access to downtown Madison.

Taxes & Operating Expenses (Actual - 2026)

Annual Annual Per SF
Taxes $80,122,783 $16,334.92
Operating Expenses - -

Taxes & Operating Expenses (Actual - 2026)

Taxes
Annual $80,122,783
Annual Per SF $16,334.92
Operating Expenses
Annual -
Annual Per SF -
Total Expenses
Annual $80,122,783
Annual Per SF $16,334.92

Property Facts

Sale Type
Owner User
Property Type
Retail
Property Subtype
Freestanding
Building Size
4,905 SF
Building Class
C
Year Built/Renovated
1951/1993
Price
$1,295,000
Price Per SF
$264.02
Tenancy
Single
Building Height
1 Story
Building FAR
0.56
Lot Size
0.20 AC
Zoning
TSS
Parking
9 Spaces (1.83 Spaces per 1,000 SF Leased)
Moderately walkable
70/100
Very drivable
80/100
Some public transit
50/100
Very bikeable
80/100

Nearby Major Retailers

CrossFit
Starbucks
Famous Dave's
Capriotti's
Buffalo Wild Wings
Peet's Coffee & Tea
Pick 'n Save
U.S. Bank
Caribou Coffee
Anytime Fitness

Property Taxes

Property Taxes

Parcel Number
0709-233-1304-6
Land Assessment
$150,000 (2025)
Improvements Assessment
$731,000 (2025)
Total Assessment
$881,000 (2025)
Annual Taxes
$80,122,783 ($16,334.92/SF)
Tax Year
2026
  • Listing ID: 41286399

  • Date on Market: 7/14/2026

  • Last Updated:

  • Address: 421 S Park St, Madison, WI 53715

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