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Washington Ave Condo Portfolio 3 condos | Bureau | À vendre | 1 812 090 € | Madison, WI



Certaines informations ont été traduites automatiquement.
INFORMATIONS PRINCIPALES SUR L'INVESTISSEMENT
- Historic 1924 building fully renovated into luxury commercial condos
- Surrounded by major employers and high foot traffic retail
- Prime downtown location near Capitol Square and civic attractions
- Excellent transit access including Rapid Bus, B-Cycle, and parking ramps
RÉSUMÉ ANALYTIQUE
Positioned at the vibrant intersection of W. Washington Avenue and S. Fairchild Street in downtown Madison, this rare commercial condominium portfolio offers investors a chance to own a piece of the city’s architectural heritage. Originally constructed in 1924 and fully renovated into luxury commercial condos in 2004, the property spans three parcels and includes five retail-office units totaling 7,557 SF.
The asset is surrounded by major employers such as the University of Wisconsin–Madison, EPIC Systems, and American Family Insurance, and benefits from proximity to civic landmarks like the Wisconsin State Capitol and the Overture Center for the Arts. With a walkable location and access to Metro Rapid Bus Transit, B-Cycle stations, and nearby parking ramps, the property is ideally situated for both tenants and customers.
Currently, four of the five units are leased, with strong in-place rents and a proforma NOI of $201,404. The vacant unit presents a value-add opportunity to further enhance returns. Madison’s consistent growth, projected to exceed 385,000 residents by 2050, and its ranking as the 3rd Best City to Live in the U.S. (2024, U.S. News) underscore the long-term demand for well-located commercial assets.
This offering combines historical charm, modern infrastructure, and income-producing stability in one of Wisconsin’s most dynamic urban markets.
The asset is surrounded by major employers such as the University of Wisconsin–Madison, EPIC Systems, and American Family Insurance, and benefits from proximity to civic landmarks like the Wisconsin State Capitol and the Overture Center for the Arts. With a walkable location and access to Metro Rapid Bus Transit, B-Cycle stations, and nearby parking ramps, the property is ideally situated for both tenants and customers.
Currently, four of the five units are leased, with strong in-place rents and a proforma NOI of $201,404. The vacant unit presents a value-add opportunity to further enhance returns. Madison’s consistent growth, projected to exceed 385,000 residents by 2050, and its ranking as the 3rd Best City to Live in the U.S. (2024, U.S. News) underscore the long-term demand for well-located commercial assets.
This offering combines historical charm, modern infrastructure, and income-producing stability in one of Wisconsin’s most dynamic urban markets.
INFORMATIONS SUR L’IMMEUBLE
| Prix | 1 812 090 € | Statut | Actif |
| Prix/m² | 2 581 € / m² | Nb de biens | 3 |
| Taux de capitalisation | 9,59 % | Individuellement en vente | 0 |
| Type de vente | Investissement | Surface totale de l’immeuble | 702 m² |
| Prix | 1 812 090 € |
| Prix/m² | 2 581 € / m² |
| Taux de capitalisation | 9,59 % |
| Type de vente | Investissement |
| Statut | Actif |
| Nb de biens | 3 |
| Individuellement en vente | 0 |
| Surface totale de l’immeuble | 702 m² |
Biens
| NOM DU BIEN/ADRESSE | TYPE DE BIEN | SURFACE | ANNÉE DE CONSTRUCTION | PRIX INDIVIDUEL |
|---|---|---|---|---|
|
The Lorraine
115-127 W Washington Ave, 1er étage - Lot 103, Madison, WI 53703 |
Bureau Lot en copropriété | 390 m² | 1924 | - |
|
The Lorraine
115-127 W Washington Ave, 1er étage - Lot 102, Madison, WI 53703 |
Bureau Lot en copropriété | 288 m² | 1924 | - |
|
The Lorraine
115-127 W Washington Ave, 1er étage - Lot 101, Madison, WI 53703 |
Bureau Lot en copropriété | 25 m² | 1924 | - |
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Washington Ave Condo Portfolio
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