510-516 S Park Street, Madison, WI 53715

Madison
Local realty services provided by:ERA MyPro Realty
Listed by: ryan schmitz
Office: the hub realty
MLS#:2008494
Source:Metro MLS
510-516 S Park Street,Madison, WI 53715
$1,199,000
  • - Beds
  • - Baths
  • - sq. ft.
  • Multi-family
  • Pending

Price summary

  • Price:$1,199,000

About this home

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!

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Home facts

  • Year built:1922
  • Listing ID #:2008494
  • Added:237 day(s) ago
  • Updated:January 08, 2026 at 05:42 PM

Rooms and interior

  • Basement Description:Full

Heating and cooling

  • Cooling:Forced Air
  • Heating:Forced Air, Natural Gas

Structure and exterior

  • Year built:1922
  • Lot area:0.17 Acres
  • Construction Materials:Brick, Wood
  • Foundation Description:Poured Concrete
  • Levels:2 Story

Schools

  • High school:West
  • Middle school:Hamilton
  • Elementary school:Franklin/Randall

Utilities

  • Water:Municipal Water
  • Sewer:Municipal Sewer

Finances and disclosures

  • Price:$1,199,000
  • Tax amount:$14,043 (2024)

Features and amenities

  • Amenities:High Speed Internet, High Speed Internet Available, Separate Electric Meters, Separate Gas Meters, Water Softener

Parking

  • Parking description:2 Car Garage, Garage - Detached, Outside
  • Garage spaces:2
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