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Highlights

  • Located adjacent to the University of Wisconsin–Madison campus.
  • Situated within one of Madison's most active commercial corridors.
  • Convenient access to public parking ramps.
  • High-profile downtown Madison location.

All Available Space(1)

Display Rental Rate as

  • Space
  • Size
  • Term
  • Rental Rate
  • Space Use
  • Build-Out
  • Available
  • 1st Floor, Ste Retail
  • 1,064 SF
  • Negotiable
  • $80.18 CAD/SF/YR $6.68 CAD/SF/MO $85,315 CAD/YR $7,110 CAD/MO
  • Retail
  • -
  • Now

Available for lease is a 1,064-square-foot retail space at The Varsity, offering an exceptional opportunity to establish a presence in downtown Madison's thriving University Avenue corridor. Positioned near UW–Madison and surrounded by a dense population of students, professionals, and residents, the space delivers outstanding visibility, foot traffic, and accessibility.

  • Lease rate does not include utilities, property expenses or building services
  • Street-level retail presence
  • Excellent walkability and bike accessibility
  • 1,064 SF retail space available
  • Exposure to more than 51,000 university students
Space Size Term Rental Rate Space Use Build-Out Available
1st Floor, Ste Retail 1,064 SF Negotiable $80.18 CAD/SF/YR $6.68 CAD/SF/MO $85,315 CAD/YR $7,110 CAD/MO Retail - Now

1st Floor, Ste Retail

Size
1,064 SF
Term
Negotiable
Rental Rate
$80.18 CAD/SF/YR $6.68 CAD/SF/MO $85,315 CAD/YR $7,110 CAD/MO
Space Use
Retail
Build-Out
-
Available
Now

1st Floor, Ste Retail

Size 1,064 SF
Term Negotiable
Rental Rate $80.18 CAD/SF/YR
Space Use Retail
Build-Out -
Available Now

Available for lease is a 1,064-square-foot retail space at The Varsity, offering an exceptional opportunity to establish a presence in downtown Madison's thriving University Avenue corridor. Positioned near UW–Madison and surrounded by a dense population of students, professionals, and residents, the space delivers outstanding visibility, foot traffic, and accessibility.

  • Lease rate does not include utilities, property expenses or building services
  • 1,064 SF retail space available
  • Street-level retail presence
  • Exposure to more than 51,000 university students
  • Excellent walkability and bike accessibility

Property Facts

Total Space Available 1,064 SF
No. Units 27
Property Type Multifamily
Property Subtype Apartment
Apartment Style Mid-Rise
Building Size 16,731 SF
Year Built 2005

About the Property

The Varsity is a mixed-use multifamily and retail property located along University Avenue in the heart of downtown Madison, directly adjacent to the University of Wisconsin–Madison campus. Combining residential apartments above with street-level commercial space, the property benefits from a highly active urban environment driven by students, professionals, residents, visitors, and nearby businesses. Its premier location offers exceptional visibility, strong pedestrian traffic, and convenient access to public parking, transit, and bike routes

Exceptionally walkable
100/100
Somewhat drivable
30/100
Strong public transit
80/100
Very bikeable
80/100

Nearby Major Retailers

Anytime Fitness
Starbucks
Caribou Coffee
Peet's Coffee & Tea
U.S. Bank
Buffalo Wild Wings
Naf Naf Grill
Five Guys
MOOYAH
Capriotti's
  • Listing ID: 41563683

  • Date on Market: 2026-08-05

  • Last Updated:

  • Address: 640 University Ave, Madison, WI 53715

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