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118 State Street, Madison, WI 53703
$1,200,000
118 State Street, Madison, WI 53703View this property at 118 State Street, Madison, WI 53703
118 State StreetMadisonWI53703
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Property Description
Downtown bar/restaurant or retail building for sale. Exposed brick wall and decorative metal railing on stairwell create that great architectural downtown vibe everyone wants. Space has presentation kitchen, 2 full bars, ample seating on two levels, with prep area and liquor locker in lower level. All FF&E in the building is included. Entrances on State Street and N Carroll Street with service entrance to lower level. Also available for lease at $23.50/SF NNN.
Full Property Details
Full Property Details for 118 State St
General
- Sold For: $1,200,000
- Taxes: $20,820 (2023)
- Status: Closed
- Type: Retail
- MLS ID: 1957764
- Added to Site: 320 day(s) ago
Additional Information
- Other Features: Restroom(s), Public Restrooms, Inside Storage, Offices
Parking
- Parking Features: No Parking
Location
- Municipality: Madison
- County: Dane
- Driving Directions: 20 Ft frontage on State Street, downtown Madison, W with 37 Ft frontage on Carroll St.
Heating & Cooling
- Heating Fuel: Natural Gas
- Heating/Cooling: Forced Air, Central Air Conditioning
Utilities
- Water/Sewer: Municipal Water
Structural Information
- Description/Design: Freestanding
- Basement Desc.: Full
- Roof: Other
- Square Feet: 5,626
- Square Feet Range: 5001 or More
- Sq. Ft. Source: Owner
- Year Built: 1938
Unit Information
- Units in Building: 1
Lot Features
- Lot Size (Acres): 3294SF
- Zoning: PD
Financial Considerations
- Tax Amount: $20,820
- Tax Year: 2023
Disclosures and Reports
- Inclusions: Some FF&E in the building is included, call for details.
Listed by ALTUS Commercial Real Estate, Inc.
Sold by ALTUS Commercial Real Estate, Inc.
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Schools
Schools serving 118 State St
School District:Madison Metropolitan School District
Rating | Name | Grades | Distance |
---|---|---|---|
Franklin Elementary School, Madison, WI
305 W Lakeside St, Madison, WI 53715 | PK-2 | 1.3 mi | |
4801 Waukesha St, Madison, WI 53705 | 6-8 | 3.7 mi | |
30 Ash St, Madison, WI 53726 | 9-12 | 2 mi |
Disclaimer: School ratings provided by
GreatSchools. Ratings are on a scale of 1-10.
Learn more about GreatSchools ratings.
School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 118 State St
Date
Details
Price
Change
Source
3/29/2024
Sold
$1,200,000
-7.69%
MLS
6/13/2023
Listed
$1,300,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
118 State Street, Madison, WI 53703 (MLS# 1957764) is a Retail property that was sold at $1,200,000 on March 29, 2024. Want to learn more about 118 State Street? Do you have questions about finding other Retail real estate for sale in Madison? You can browse all Madison real estate or contact a Coldwell Banker agent to request more information.