About 510-516 S Park Street
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!
Features of 510-516 S Park Street
| MLS® # | 2008490 |
|---|---|
| Price | $1,199,000 |
| Square Footage | 5,386 |
| Acres | 0.17 |
| Year Built | 1933 |
| Type | Business/Comm |
| Sub-Type | Retail, Office, Restaurant/Supper Club, Beauty/barber, Apartment building |
| Status | Offer-Show |
| Detailed Status | Offer-Show |
| Net Taxes | $14,043 |
| Tax Year | 2024 |
Community Information
| Address | 510-516 S Park Street |
|---|---|
| Area | MADISON - C W14 |
| City | Madison |
| County | Dane |
| State | WI |
| Zip Code | 53715 |
Amenities
| Features | Alley, Residential unit(s) |
|---|---|
| Parking | 6-10 spaces, Onsite, Paved, Enclosed |
Interior
Exterior
| Exterior | Wood, Brick |
|---|---|
| Roof | Composition, Partially flat, Rubber/membrane |
School Information
Additional Information
| Zoning | TSS |
|---|---|
| Foreclosure | No |
| Short Sale | No |
| RE / Bank Owned | No |
| Assessed Value | $877,800 |
| Year Assessed | 2025 |
Open House Information
Listing Details
| Office | The Hub Realty |
|---|