Bought with EXP Realty, LLC
$515,000
$550,000
6.4%For more information regarding the value of a property, please contact us for a free consultation.
2,046 SqFt
SOLD DATE : 03/12/2026
Key Details
Sold Price $515,000
Property Type Commercial
Sub Type Retail,Office,Restaurant/Supper Club,Tavern
Listing Status Sold
Purchase Type For Sale
Square Footage 2,046 sqft
Price per Sqft $251
MLS Listing ID 2014812
Sold Date 03/12/26
Year Built 1969
Annual Tax Amount $6,735
Tax Year 2025
Lot Size 0.440 Acres
Acres 0.44
Property Sub-Type Retail,Office,Restaurant/Supper Club,Tavern
Property Description
Excellent opportunity to acquire a stand-alone building with strong exposure along Highway 30. Formerly operated as Brothers 3 restaurant, this 2,046 SF building sits on a 0.44-acre site and is configured for food and beverage use or adaptive reuse. The property features a dining and bar area, in-bar kitchen, cooler, storage rooms, restrooms, outdoor patio space, and ample on-site parking. Zoned TE -- Traditional Employment, the site benefits from outstanding visibility and access with Highway 30 traffic counts of approximately 40,000 AADT. Ideal for a restaurant, cafe shop, office/retail, potential drive-thru concept, or potential redevelopment. The City of Madison Comprehensive Plan identifies the property under the Generalized Future Land Use (GFLU) map as Neighborhood Mixed-Use (NMU) designation, offering potential redevelopment.
Location
State WI
County Dane
Area Madison - C E08
Zoning TE
Direction Hwy 30 East to Fair Oaks Ave Exit 1B. Property on corner of N Fair Oaks Ave and Commercial Ave.
Rooms
Basement Slab/None
Interior
Heating Forced air, Central air
Cooling Forced air, Central air
Exterior
Parking Features 11-20 spaces, Paved
Roof Type Other
Building
Story 1
Water Municipal water, Municipal sewer
Structure Type Brick,Block
Others
SqFt Source Assessor
Energy Description Natural gas
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