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421 S Park St 4,905 SF Retail Building Madison, WI 53715 $1,295,000 ($264.02/SF)



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.
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 |
-
|
-
|
| Total Expenses |
$80,122,783
|
$16,334.92
|
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
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
Property Taxes
| Parcel Number | 0709-233-1304-6 | Total Assessment | $881,000 (2025) |
| Land Assessment | $150,000 (2025) | Annual Taxes | $80,122,783 ($16,334.92/SF) |
| Improvements Assessment | $731,000 (2025) | Tax Year | 2026 |
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
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421 S Park St
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