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$1,020,000

  • Sold
  • Closed
  • Apartment
  • 2 Car Garage
  • Updated 6 days ago
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Rare opportunity to own 2 buildings, 2 commercial spaces, 4 apartments, oversized two car garage with ample parking on the booming S Park St corridor! This property is adjacent to Vilas/Greenbush neighborhood and walkable to everything downtown! The commercial tenants include Cordial Bar, where the motto is, "Outside's a Dive, Inside's a Vibe". They have been in business for 4 years and have an initial 10 year lease term. The adjacent commercial tenant has been there for years, as a well established business, Spike-O-Matic Tattoo. There are 2 large apartments above the commercial spaces. There is an additional 2 flat included, just North of the primary building. With well established commercial tenants, renovated apartments and an outstanding location, the options are endless!

Full Property Details for 510-516 S Park St

General

  • Sold For: $1,020,000
  • Taxes: $14,043 (2024)
  • Status: Closed
  • Type: Apartment
  • Source: Wirex_South_Central_Wisconsin_MLS_Corporation_SCW
  • MLS ID: 2008494
  • Added to Site: 147 day(s) ago

Interior

  • Interior Features: Water Softener, High-Speed Internet

Parking

  • Garage: Yes
  • Garage Spaces: 2
  • Parking Features: Outside
  • Garage Description: 2 Car, Detached

Location

  • Municipality: Madison
  • County: Dane
  • Driving Directions: Right on S Park

School Information

  • School District: Madison
  • Elementary School: Franklin/Randall
  • Middle School: Hamilton
  • High School: West

Heating & Cooling

  • Heating Fuel: Natural Gas
  • Heating/Cooling: Forced Air

Utilities

  • Water/Sewer: Municipal Water, Municipal Sewer
  • Utility Description: High Speed Internet Available, Separate Electric Meters, Separate Gas Meters

Structural Information

  • Description/Design: Apartment Building, 2 Stories, 2 Flat Up and Down, 2 Houses on One Lot
  • Exterior Const.: Wood, Brick
  • Basement Desc.: Full, Poured Concrete
  • Year Built: 1922

Unit Information

  • Units in Building: 6

Unit 1

  • Square Feet: 2060

Unit 2

  • Square Feet: 826

Unit 3

  • Bedrooms: 1

Unit 4

  • Bedrooms: 2

Lot Features

  • Lot Size Source: Assessor/Public Record
  • Zoning: TSS

Financial Considerations

  • Tax Amount: $14,043
  • Tax Year: 2024

Disclosures and Reports

  • Exclusions: Tenant's personal property, including appliances and equipment in the commercial spaces.
  • Inclusions: All, seller owned, on site appliances, HVAC, water heater(s), water softener(s), used for the daily operations of the property.

Listed and Sold by The Hub Realty

Listing agent

— 510-516 S Park St —

  • The Hub Realty

Get Pre-Approved Today

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with our affiliated lender
NMLS#: 1598647

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Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

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Price & Sales History for 510-516 S Park St

Date
Details
Price
Change
Source
1/27/2026
Sold
$1,020,000
-14.93%
MLS
9/11/2025
Listed
$1,199,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

Listed and Sold by The Hub Realty

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510-516 S Park Street, Madison, WI 53715 (MLS# 2008494) is a Apartment property that was sold at $1,020,000 on January 27, 2026. Want to learn more about 510-516 S Park Street? Do you have questions about finding other Apartment real estate for sale in Madison? You can browse all Madison real estate or contact a Coldwell Banker agent to request more information.