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Highlights

  • Located adjacent to the University of Wisconsin–Madison campus.
  • 3M pedestrian activity annually within steps.
  • Convenient access to public parking ramps.
  • High-profile downtown Madison location.

All Available Space(1)

Display Rental Rate as

  • Space
  • Size
  • Term
  • Rental Rate
  • Space Use
  • Build-Out
  • Available
  • 1st Floor, Ste Retail
  • 1,064 SF
  • 5-10 Years
  • $49.00 /SF/YR $4.08 /SF/MO $52,136 /YR $4,345 /MO
  • Retail
  • -
  • Now

Position your business in one of Madison's highest-visibility retail corridors, adjacent to the University of Wisconsin--Madison campus and surrounded by a dense mix of student housing, young professionals, residents, office users, and visitors. The property benefits from more than 51,000 UW--Madison students, over 34,000 VPD, and ~ 3M pedestrian activity annually within steps. Nearby public parking ramps provide convenient customer access, complementing the area's exceptional walkability and bike accessibility. This premier downtown location is well suited for a caf, medspa, personal fitness, wellness, service, or an operator seeking a highly visible presence in one of Wisconsin's most active consumer markets. Benefit from 27 residential units on upper floors as well as nearby national and regional retail.

  • Lease rate does not include utilities, property expenses or building services
  • Street-level retail presence
  • Excellent walkability and bike accessibility
  • 1,064 SF retail space available
  • Exposure to more than 51,000 university students
  • Flexible 5-10 year term with $15 NNN structure.
Space Size Term Rental Rate Space Use Build-Out Available
1st Floor, Ste Retail 1,064 SF 5-10 Years $49.00 /SF/YR $4.08 /SF/MO $52,136 /YR $4,345 /MO Retail - Now

1st Floor, Ste Retail

Size
1,064 SF
Term
5-10 Years
Rental Rate
$49.00 /SF/YR $4.08 /SF/MO $52,136 /YR $4,345 /MO
Space Use
Retail
Build-Out
-
Available
Now

1st Floor, Ste Retail

Size 1,064 SF
Term 5-10 Years
Rental Rate $49.00 /SF/YR
Space Use Retail
Build-Out -
Available Now

Position your business in one of Madison's highest-visibility retail corridors, adjacent to the University of Wisconsin--Madison campus and surrounded by a dense mix of student housing, young professionals, residents, office users, and visitors. The property benefits from more than 51,000 UW--Madison students, over 34,000 VPD, and ~ 3M pedestrian activity annually within steps. Nearby public parking ramps provide convenient customer access, complementing the area's exceptional walkability and bike accessibility. This premier downtown location is well suited for a caf, medspa, personal fitness, wellness, service, or an operator seeking a highly visible presence in one of Wisconsin's most active consumer markets. Benefit from 27 residential units on upper floors as well as nearby national and regional retail.

  • Lease rate does not include utilities, property expenses or building services
  • 1,064 SF retail space available
  • Street-level retail presence
  • Exposure to more than 51,000 university students
  • Excellent walkability and bike accessibility
  • Flexible 5-10 year term with $15 NNN structure.

Site Plan

Property Facts

Total Space Available 1,064 SF
No. Units 27
Property Type Multifamily
Property Subtype Apartment
Apartment Style Mid-Rise
Building Size 16,731 SF
Year Built 2005

About the Property

Retail Space for Lease | Downtown Madison | Adjacent to UW–Madison Position your business in one of Madison's highest-visibility retail corridors, adjacent to the University of Wisconsin–Madison campus and surrounded by a dense mix of student housing, young professionals, residents, office users, and visitors. The property benefits from more than 51,000 UW–Madison students, over 34,000 VPD, and ~ 3M pedestrian activity annually within steps. Nearby public parking ramps provide convenient customer access, complementing the area's exceptional walkability and bike accessibility. This premier downtown location is well suited for a café, medspa, personal fitness, wellness, service, or an operator seeking a highly visible presence in one of Wisconsin's most active consumer markets. Benefit from 27 residential units on upper floors as well as nearby national and regional retail.

Exceptionally walkable
100/100
Somewhat drivable
30/100
Strong public transit
80/100
Very bikeable
80/100

Nearby Major Retailers

Anytime Fitness
Starbucks
Caribou Coffee
Peet's Coffee & Tea
U.S. Bank
Buffalo Wild Wings
Naf Naf Grill
Five Guys
MOOYAH
Capriotti's
  • Listing ID: 41563683

  • Date on Market: 8/5/2026

  • Last Updated:

  • Address: 640 University Ave, Madison, WI 53715

Contact the Leasing Agent

The Varsity | 640 University Ave

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