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Investment Highlights

  • Excellent opportunity for redevelopment within the Park Street gateway to Downtown Madison!

Executive Summary

The property presents an excellent opportunity for redevelopment within the Park Street gateway to Downtown Madison. Major redevelopment has already occurred in the area, including healthcare (SSM & UW out-patient clinics), market rate and affordable apartments (The Sofia, Peleton Residences, Park Cedar Apartments), Class A office (The Hub), retail (future grocery store, new Starbucks) and community organizations (Centro Hispano, Center for Black Excellence). Available for $2.4M to $6M depending on what part of the site you purchase. Availability ranges from 1.4 to 3.27 acres.

Property Facts

Price $8,287,200 CAD
Price Per SF $402.29 CAD
Sale Type Investment or Owner User
Sale Condition Redevelopment Project
Property Type Specialty
Property Subtype Lodge/Meeting Hall
Building Class C
Lot Size 3.27 AC
Building Size 20,600 SF
No. Stories 2
Year Built 1958
Zoning CC-T - The Property’s designated future land use allows for up to 12 stories or 116 foot building height.
Parcel Number 0709-263-0101-4
Moderately walkable
60/100
Exceptionally drivable
100/100
Some public transit
40/100
Moderately bikeable
70/100
  • Listing ID: 34625626

  • Date on Market: 2025-01-28

  • Last Updated:

  • Address: 1602 S Park St, Madison, WI 53715

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