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$600,000
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Property Description
Don't miss this great commercial investment opportunity situated off Madison's dynamically developing Park Street corridor! Current utilization of the space includes a successful restaurant on the main level with a 3-bedroom unit and a 2-bedroom unit on the 2nd floor. Essentially, behind Starbucks on Park St., this property is perfectly located for quick access to the Beltline, Madison College, UW, hospitals, library, shops and bike/walking paths. Maximize your investment/development potential by purchasing the adjacent, corner property, 702 W. Wingra, also. Measurements are approx.
Full Property Details
Full Property Details for 1616 Beld St
General
- Sold For: $600,000
- Taxes: $11,824 (2024)
- Status: Closed
- Type: Retail
- Source: Wirex_South_Central_Wisconsin_MLS_Corporation_SCW
- MLS ID: 2016472
- Added to Site: 99 day(s) ago
Parking
- Parking Features: No Parking
Location
- Municipality: Madison
- County: Dane
- Driving Directions: Beltline Hwy to Park St., R. on W. Wingra, L. on Beld.
Heating & Cooling
- Heating Fuel: Natural Gas
- Heating/Cooling: Radiant
Utilities
- Water/Sewer: Municipal Water, Municipal Sewer
Structural Information
- Description/Design: Freestanding
- Roof: Flat
- Square Feet: 4,160
- Square Feet Range: 3501 to 5000
- Sq. Ft. Source: Assessor/Public Record
- Year Built: 1964
Unit Information
- Units in Building: 3
Lot Features
- Zoning: CC-T
Financial Considerations
- Tax Amount: $11,824
- Tax Year: 2024
Listed and Sold by Keller Williams Realty
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Schools
Schools serving 1616 Beld St
School District:Madison Metropolitan School District
| Name | Grades | Distance |
|---|---|---|
Franklin Elementary School, Madison, WI 305 West Lakeside Street, Madison, WI 53715 | PK-2 | 0.5 mi |
Randall Elementary School 1802 Regent Street, Madison, WI 53726 | 3-5 | 1.8 mi |
Hamilton Middle School, Madison, WI 4801 Waukesha Street, Madison, WI 53705 | 6-8 | 3.5 mi |
West High School, Madison, WI 30 Ash Street, Madison, WI 53726 | 9-12 | 2.2 mi |
Disclaimer:
School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 1616 Beld St
Date
Details
Price
Change
Source
5/15/2026
Sold
$600,000
-20%
MLS
2/12/2026
Listed
$750,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
1616 Beld Street, Madison, WI 53715 (MLS# 2016472) is a Retail property that was sold at $600,000 on May 15, 2026. Want to learn more about 1616 Beld 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.

