115-131 W Washington Avenue Active Save Request In-Person Tour Request Virtual Tour
Madison,WI 53703
Key Details
Property Type Commercial
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
Zoning DC
Interior
Heating Natural Gas
Cooling Forced Air,Central Air,Wall Furnace
Exterior
Utilities Available High Speed Internet Available
Roof Type Rubber/Membrane
Building
Sewer Municipal Water,Municipal Sewer
New Construction N