510-516 S Park Street, Madison, WI 53715
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510-516 S Park Street, Madison, WI 53715
510-516 S Park Street, Madison, WI 53715
510-516 S Park Street, Madison, WI 53715
510-516 S Park Street, Madison, WI 53715
Listed by The Hub Realty
Bought with The Hub Realty

$1,020,000

Est. payment /mo

$1,199,000

14.9%
Est.Price: ?

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510-516 S Park Street Madison, WI 53715

3 Beds

3.5 Baths

4,286 SqFt

SOLD DATE : 01/27/2026

Key Details

Sold Price $1,020,000

Property Type Multi-Family

Sub Type Apartment building,2 story,2 flat-up and down,Other,2 houses on 1 lot

Listing Status Sold

Purchase Type For Sale

Square Footage 4,286 sqft

Price per Sqft $237

MLS Listing ID 2008494

Sold Date 01/27/26

Bedrooms 3

Full Baths 2

Half Baths 3

Year Built 1922

Annual Tax Amount $14,043

Tax Year 2024

Lot Size 7,361 Sqft

Acres 0.169

Property Sub-Type Apartment building,2 story,2 flat-up and down,Other,2 houses on 1 lot

Property Description

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!

Location

State WI

County Dane

Area Madison - C W14

Zoning TSS

Direction Right on S Park

Rooms

Basement Full, Poured concrete foundatn

Interior

Heating Forced air

Heat Source Natural Gas

Exterior

Parking Features 2 stall garage, Detached, Outside

Utilities Available Separate elec meters, Separate gas meters

Building

Water Municipal sewer, Municipal water

Structure Type Wood,Brick

Schools

Elementary Schools Franklin/Randall

Middle Schools Hamilton

High Schools West

School District Madison

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South Central Wisconsin MLS (SCWMLS)

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