Madison, WI 53703,115-131 W Washington Avenue
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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
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115-131 W Washington Avenue Madison, WI 53703

7,920 SqFt


UPDATED:

11/19/2024 02:47 AM

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

Discover an exceptional commercial investment in Downtown Madison's historic Loraine Building. This prime ground-floor opportunity features 7,557 sq. ft. divided into 3 units, positioned just steps from the Capitol Square. Built in 1924 with thoughtful updates completed in 2004, the space currently generates reliable income from a diverse tenant mix including financial services, a business hub, caf�, law office, and barbershop. Located in Madison's Business Improvement District, this prominent storefront benefits from steady pedestrian traffic and visibility. The property's versatile office/retail configuration, coupled with its prestigious address in this landmark building, presents an attractive investment in one of Madison's most sought-after commercial corridors.

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

Parking Features 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)

GET MORE INFORMATION

Brandon Grosse

Broker | ACCORD 54913-90

+1(608) 577-9860 | [email protected]

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115-131 W Washington Avenue