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Historic Office Building on Capitol Square
For Lease
$14 SF/Yr

1 West Main Street, Madison, WI 53703

Historic 7-story office building in downtown Madison for rent.

Space Size7,803 SF - 8,155 SF
Days on Market165

Property Features for 1 West Main Street

General Information

Standard status Active
Size 7,803 SF - 8,155 SF
Property subtype Office

Spaces For Lease

at 1 West Main Street Contact us

Suite 300

Size
7,803 SF
Type
Office
Availability
Available
Contact us

Suite 400

Size
8,155 SF
Type
Office
Availability
Available
Contact us

Suite 500

Size
8,155 SF
Type
Office
Availability
Available
Contact us
Listing Agency: CBRE - Madison
Listed By: Chase Brieman · License #54278
Source: Cbre
Added: Mar 25 Changed: Aug 25 Last Checked: Sep 4 at 2:20AM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of CBRE - Madison

Investment Insights

Based on property information with market context.

Constructed in 1917, One West Main Street is a historic 7-story building located on Capitol Square, offering views of the State Capitol and Lake Monona. Suites 300, 400, and 500 are contiguous, totaling 24,398 square feet. The building is situated in the heart of downtown Madison, with numerous restaurants, coffee shops, and hotels in close proximity. It is conveniently located directly on major bus routes, with a bus stop in front of the building. The property features professional management, fiber optic internet availability, two passenger elevators, and one freight elevator. Onsite secure parking is available. Existing furniture is negotiable.

Key Highlights

  • Located on Capitol Square in the heart of downtown Madison with picturesque views of the State Capitol and Lake Monona.
  • Contiguous suites 300, 400, and 500 offer a total of 24,398 SF.
  • Conveniently located directly on major bus routes with a bus stop in front of the building.

Property Analytics

Current Use

BMO Harris Bank ... Loan Service Wisconsin Credit Union ... Credit Union Orange Shoe Personal ... Gym & Fitness Center ATM (BMO Harris ... Atm Barber Eric Law Firm

Suggested Use

Top Pick HVAC Service Building Supply Electrical Service Furniture & Home Goods (Bike/Boat/Book/etc) Store Florist

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

Lease Details

NNN (Triple Net)
Lease Type
$2.10 /SF/Yr
CAM

Location Intelligence

Trade Area within ½ mile

4,198
Businesses Nearby

Demographics for 53703, WI

38,512
Population
21,025
Households
1.8
Avg Household Size
27
Median Age
69%
College-Educated
98%
High-School Grad
1.8 sq mi
ZIP Area
21,396
Density / Sq Mi
$46,618
Median Household Income
$27,923
Median Earnings
$1,445
Median Rent
$472,000
Median Home Value

Market

Lease Benchmarks for Madison, WI

$17.06 /SF/Yr
Avg Asking Price
$9.75–$24.5 /SF/Yr
Price Range
35,923 SF
Avg Space Size

This space is priced 18% below the average of $17.06 /SF/Yr.

Vacancy Rate% for Office in Madison, WI

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

What type of property is this?
Office building - Historic 7-story office building in downtown Madison for rent.
Where is this office building located?
The property is located at 1 West Main Street Madison, WI.
What is the lease rate?
The lease rate is $14 SF/Yr.
What are key features of this property?
This property features: Located on Capitol Square in the heart of downtown Madison with picturesque views of the State Capitol and Lake Monona.; Contiguous suites 300, 400, and 500 offer a total of 24,398 SF.; Conveniently located directly on major bus routes with a bus stop in front of the building.
More about this property
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