105 1/2 State St - Apartments FOR SALE


Madison, WI 53703- Downtown Madison
$4,900,000 USD
414-967-0506
105 1/2 State St, Madison, WI for Sale
$4,900,000 USD
Apartments - FOR SALE
1/14
null | Request Cap Rate

105 1/2 State St
Madison, WI 53703
Downtown Madison


OVERVIEW

This Beautifully preserved 4 story landmark building offers an exceptional investment opportunity, located just steps away from the state capital. Featuring 3 bustling storefronts and one office space on the ground floor, this property is a hub of activity. Above you'll find 8 fully occupied residential apartment, providing consistent rental income from long term tenants. With its prime location, historical charm, and fully occupied, this property is a solid addition to any investment portfolio. Whether you're seeking a reliable source of income or a piece of local history, this building offers both. Contact for more details or to schedule a viewing.

FOR SALE DETAILS

PRICE

$4,900,000 USD

PRICE/SF

$549 USD /SF

# OF UNITS

8

PRICE/UNIT

$612,500

CAP RATE

Request Cap Rate

% LEASED

50%

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY NAME

105 1/2 State Street

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Low-Rise

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

3

YEAR BUILT

1855

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.05 AC

LAND SF

2,348 SF

ZONING

-

APN/PARCEL ID

0709-231-0101-1

ASK ABOUT THIS PROPERTY

Mark KivleyRE/MAX Lakeside-NorthMore Info
414-967-0506

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.

Mark KivleyRE/MAX Lakeside-NorthMore Info
414-967-0506

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.