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Listed by Acres Realty
$ 2,200,000
Est. payment | /mo
15,000 SqFt
$ 2,200,000
Est. payment | /mo
15,000 SqFt
Key Details
Property Type Commercial
Sub Type Office,Day care
Listing Status Active
Purchase Type For Sale
Square Footage 15,000 sqft
Price per Sqft $146
MLS Listing ID 2017189
Year Built 1990
Tax Year 2025
Lot Size 1.960 Acres
Acres 1.96
Property Sub-Type Office,Day care
Property Description
True value-add opportunity for an investor or owner occupant! 7.3% CAP on existing rents with 45% vacancy plus a 7,500 sf vacant basement provide considerable upside to a new owner. Recent improvements: Full parking lot replacement in 2023. Basement has been trenched and drain-tiled and is fully dry! Ready for improvements or use for storage space - bathrooms stubbed in. Newly built out offices and updated lighting on the first floor. Second floor is fully improved with new lighting and flooring. Truly turn-key leasable space! Side entrances provide a separate entrance/exit for upstairs tenant(s). 1st floor leased to a non-profit, providing support services to children. Building is currently tax-exempt and sets up well for either a for-profit or another non-profit org upstairs. Don't pass this one by.
Location
State WI
County Dane
Area Madison - C E08
Zoning CC
Direction From E Wash, turn on Eagan Rd, then first right. Turn left onto driveway from East Towne Blvd.
Rooms
Basement Full
Interior
Heating Forced air, Central air
Cooling Forced air, Central air
Exterior
Parking Features 56 or more spaces, Onsite, Paved
Roof Type Composition
Building
Story 1
Water Municipal water, Municipal sewer
Structure Type Vinyl
Others
SqFt Source Other
Energy Description Natural gas
This information, provided by seller, listing broker, and other parties, may not have been verified.
Copyright 2026 South Central Wisconsin MLS Corporation. All rights reserved
Copyright 2026 South Central Wisconsin MLS Corporation. All rights reserved
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Autumn Dunn
Partner | Lic# 92495-94