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Mixed-Use Building with Retail
For Sale
$795,000

2528 E Washington Ave, Madison, WI 53704

Y, Madison, WI

Property Size10,389 SF
Lot Size0.20 Acres
Price / SF$76.52
Days on Market944

Property Features for 2528 E Washington Ave

General Information

Property type Commercial Sale
Property subtype Other
Zoning TSS
Directions US Highway 151 (E Washington) east or west to Milwaukee St on the corner
Standard status Active
APN 071006120150
Size 10,389 SF
Lot size 0.20 Acres

Taxes and HOA fees

Tax Year 2022
Tax Annual Amount 15760

Building Details

Year built 1922
Architectural style Other
Listing Agency: Keller Williams Realty-Milwaukee Southwest
Listed By: The Schmidt Group* · License #0516410
Added: Jan 26, 2024 Changed: Aug 19 Last Checked: Aug 27 at 9:06AM
MLS# 1862926

Copyright © 2026 Metro MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

Investment Insights

Based on property information with market context.

This 10,389-square-foot mixed-use building occupies a 0.2-acre parcel and includes a fully finished first floor with retail and office areas. The property has two restrooms, a full parking lot, and a separate entry serving the upper level.

The second floor requires interior build-out and is configured for potential residential or commercial units, with a common area already plumbed for two additional restrooms. Building improvements include a new roof and newer mechanical systems. Constructed in 1922, the property is zoned TSS and located at 2528 E Washington Ave in Madison.

Key Highlights

  • 10,389‑square‑foot mixed‑use building on a 0.2‑acre parcel
  • Fully built‑out first floor with retail and office areas
  • Separate entrance to second floor requiring build‑out

Property Analytics

Current Use

Lovers Playground (Bike/Boat/Book/etc) Store

Suggested Use

Top Pick Law Firm Parking Lot & Garage Grocery & Convenience Store Auto Parts Store (Bike/Boat/Book/etc) Store Accounting Firm

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

1,023
Businesses Nearby

Demographics for 53704, WI

47,066
Population
22,740
Households
2.1
Avg Household Size
38
Median Age
49%
College-Educated
96%
High-School Grad
21.9 sq mi
ZIP Area
2,149
Density / Sq Mi
$75,007
Median Household Income
$47,665
Median Earnings
$1,231
Median Rent
$289,000
Median Home Value

Market

Vacancy Rate% for Office in Madison, WI

10.9% 2023
10.8% 2024
7.6% 2025
Rey
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Frequently Asked Questions

What type of property is this?
Mixed-use property - Built-out first-floor space includes retail, offices, restrooms, and on-site parking.
Where is this mixed-use property located?
The property is located at 2528 E Washington Ave Madison, WI.
What is the asking price?
The asking price for this property is $795,000.
What are key features of this property?
This property features: 10,389‑square‑foot mixed‑use building on a 0.2‑acre parcel; Fully built‑out first floor with retail and office areas; Separate entrance to second floor requiring build‑out
More about this property
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