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$550,000 Just Listed
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Property Description
Excellent opportunity to acquire a stand-alone building with strong exposure along Highway 30. Formerly operated as Brothers 3 restaurant, this 2,046 SF building sits on a 0.44-acre site and is configured for food and beverage use or adaptive reuse. The property features a dining and bar area, in-bar kitchen, cooler, storage rooms, restrooms, outdoor patio space, and ample on-site parking. Zoned TE -- Traditional Employment, the site benefits from outstanding visibility and access with Highway 30 traffic counts of approximately 40,000 AADT. Ideal for a restaurant, cafe shop, office/retail, potential drive-thru concept, or potential redevelopment. The City of Madison Comprehensive Plan identifies the property under the Generalized Future Land Use (GFLU) map as Neighborhood Mixed-Use (NMU) d
Full Property Details
Full Property Details for 614 N Fair Oaks Ave
General
- Price: $550,000
- Taxes: $6,735 (2025)
- Status: Active
- Type: Retail
- Source: Wirex_South_Central_Wisconsin_MLS_Corporation_SCW
- MLS ID: 2014812
- Updated: 1/13/2026
- Added to Site: 4 day(s) ago
Additional Information
- Other Features: Signage Available
Parking
- Parking Features: 11 to 20 Spaces, Paved Lot
Location
- Municipality: Madison
- County: Dane
- Driving Directions: Hwy 30 East to Fair Oaks Ave Exit 1B. Property on corner of N Fair Oaks Ave and Commercial Ave.
Heating & Cooling
- Heating Fuel: Natural Gas
- Heating/Cooling: Forced Air, Central Air Conditioning
Utilities
- Water/Sewer: Municipal Water, Municipal Sewer
Structural Information
- Description/Design: Freestanding
- Basement Desc.: None, None/Slab
- Roof: Other
- Square Feet: 2,046
- Square Feet Range: 2001 to 2500
- Sq. Ft. Source: Assessor/Public Record
- Year Built: 1969
Unit Information
- Units in Building: 1
Lot Features
- Zoning: TE
Financial Considerations
- Tax Amount: $6,735
- Tax Year: 2025
Disclosures and Reports
- Inclusions: Bar chairs, table/booths, bar stools, bar top tables, flat top stove/griddle, Alto-Shaam, fryer, bev fridges, kitchen refrigerators, commercial soup warmers, coffee pot, miscellaneous plates/cups/utensils, metal storage shelves, Tv's.
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Schools
Schools serving 614 N Fair Oaks Ave
School District:Madison Metropolitan School District
| Name | Grades | Distance |
|---|---|---|
Hawthorne Elementary School, Madison, WI 3344 Concord Avenue, Madison, WI 53714 | PK-5 | 0.4 mi |
O'keeffe Middle School 510 South Thornton Avenue, Madison, WI 53703 | 6-8 | 1.9 mi |
East High School, Madison, WI 2222 East Washington Avenue, Madison, WI 53704 | 9-12 | 1.4 mi |
Disclaimer:
School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 614 N Fair Oaks Ave
Date
Details
Price
Change
Source
1/13/2026
Listed
$550,000
32.47%
MLS
10/31/2025
Sold
$415,200
—
Public Record
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Tax History
Tax History for 614 N Fair Oaks Ave
Year
Property Taxes
Change
Tax Assessment
Change
2024
$6,086
9%
$348,500
8%
2022
$5,582
1%
$322,500
13%
2021
$5,504
-14%
$286,000
10%
2021
$6,414
—
$260,000
-10%
2020
$6,414
5%
$289,000
5%
2019
$6,124
38%
$275,000
37%
2018
$4,442
-3%
$200,700
—
2017
$4,603
12%
$200,700
15%
2016
$4,108
4%
$174,700
5%
2015
$3,958
-2%
$166,700
—
2014
$4,039
-1%
$166,700
—
2013
$4,071
—
$166,700
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 614 N Fair Oaks Ave
614 N Fair Oaks Avenue, Madison, WI 53714 (MLS# 2014812) is a Retail property. 614 N Fair Oaks Avenue is currently listed for $550,000 and was received on January 13, 2026. Want to learn more about 614 N Fair Oaks Avenue? 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.

