$2,300,000
115-131 W Washington Avenue Madison, WI 53703
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Listed by Accord Realty • Pref: 608-577-9860
$2,300,000
Est. payment /mo
7,920 SqFt
UPDATED:
05/08/2024 08:13 PM
Key Details
Property Type Condo, Commercial
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
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This information, provided by seller, listing broker, and other parties, may not have been verified.
Copyright 2024 South Central Wisconsin MLS Corporation. All rights reserved
Copyright 2024 South Central Wisconsin MLS Corporation. All rights reserved
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