115-131 W Washington Avenue, Madison, WI 53703 $2,300,000

115-131 W Washington Avenue, Madison 0 Acres $2,300,000 Active

  • Commercial/Business
  • Status: Active
  • County: Dane
  • Est. Square Footage: 7,920
  • Acreage: 0.0
  • Property Taxes: $33,733
  • Property Tax Year: 2023
  • MLS#: 1976687
  • Listing Company: Accord Realty - Pref: 608-577-9860
  • Zip Code: 53703
  • Number of Units: 3

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

Additional Features
  • Heating/Cooling: Central air, Forced air, Wall furnace
  • Water Waste: Municipal sewer, Municipal water
  • Commercial Condo, Office, Retail
  • Roof: Rubber/membrane
  • Construction Type: E
  • Waterfront/Access: N
Property History
MLS Number New Status Previous Status Activity Date New List Price Previous List Price Sold Price DOM
1976687 Active May 8 2024 3:47PM $2,300,000 12

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