Madison, WI 53703,115-131 W Washington Avenue
Madison, WI 53703,115-131 W Washington Avenue
Madison, WI 53703,115-131 W Washington Avenue
Madison, WI 53703,115-131 W Washington Avenue
Madison, WI 53703,115-131 W Washington Avenue
Madison, WI 53703,115-131 W Washington Avenue
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Listed by Accord Realty • Pref: 608-577-9860
$ 2,300,000
Est. payment | /mo

7,920 SqFt


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$ 2,300,000
Est. payment | /mo
Save

7,920 SqFt

Key Details

Property Type Commercial, Condo

Sub Type Retail,Office,Commercial Condo

Listing Status Active

Purchase Type For Sale

Square Footage 7,920 sqft

Price per Sqft $290

MLS Listing ID 1976687

Year Built 2004

Annual Tax Amount $33,733

Tax Year 2023

Property Description

Explore the potential of a distinguished commercial space in the heart of Downtown Madison. Spanning 7,920 sq. ft. over 3 units on the ground floor of the iconic Loraine Building, this property stands just a block away from the Capitol Square. Originally constructed in 1924 and meticulously renovated in 2004, this offering is a standout for investors specializing in office or retail venues. The space is currently home to a dynamic mix of tenants including a bank, business center, coffee shop, legal firm, and barbershop, providing a diverse income stream. Situated within Madison’s Business Improvement District (BID), this location guarantees high visibility and foot traffic, making it an exceptional opportunity for those looking to invest in a prime office/retail property.

Location

State WI

County Dane

Area Madison - C W01

Zoning DC

Direction On the corner of W. Washington Ave and S. Fairchild St.

Interior

Heating Forced air, Central air, Wall furnace

Cooling Forced air, Central air, Wall furnace

Exterior

Garage 6-10 spaces, Offsite, Onsite, Underground, Ramp, Parking fee extra

Roof Type Rubber/membrane

Building

Story 1

Water Municipal water, Municipal sewer

Structure Type Brick,Stucco,Stone

Others

SqFt Source Assessor

Energy Description Natural gas

South Central Wisconsin MLS (SCWMLS)
agent-avatar

"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "

+1(608) 381-6404

dre@alexanderrealestatewi.com

555 Zor Shrine Pl #100, Madison, Wisconsin, 53719, USA

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115-131 W Washington Avenue