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Property Description for 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.
- Present Use: Office, Retail, Service
- Total Operating Expense: $23,375
- Gross Sales: $0
- Location: Business district, Corner, Near public transportatn, Residential area
- Taxes: $33,733
- County: Dane
- Zoning: DC
- Net Leasable SqFt: 7,557
- MLS Number: 1976687
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