Active

115-131 W Washington Avenue

Madison WI, 53703

$2,300,000


Active

Commercial

Listed by Accord Realty

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.

1976687

MLS ID

May 8, 2024

Listed

October 1, 2024

Updated

Map

115-131 W Washington Avenue
Madison WI, 53703

Interior Features

Total Stories

1


Fireplace

No


Cooling

Yes


Cooling Description

Central Air


Heating

Yes


Heating Description

Forced Air, Natural Gas

Exterior/Building Features

Sewer

Public Sewer

Other Property Details

Area Name

MADISON - C W01


Taxes

$33,733


Tax Frequency

Annually


Garage

No


View

No


County

Dane


Water Source

Public


Pool

No


Zoning

DC

Listed by Brandon Grosse with Accord Realty Pref: 608-577-9860 ]]

Based on information from South Central Wisconsin Multiple Listing Service Corporation as of 10/1/2024. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. The display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent. 

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Data last updated 7:38 PM UTC, 10/1/2024

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