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    119-123 E Main St Madison, WI 53703

    For Lease
    $17 SF/Yr ($3,541 /Mo)

    Third-floor office space near Capitol Square with historic character.

    Property size:
    2,381 SF
    Lot size:
    0.10 Acres

    Property Features for 119-123 E Main St

    General Information

    Size
    2,381 SF
    Lot size
    0.10 Acres

    Source: Key Commercial Real Estate LLC Agent Beth Iyer

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Capitol Square Office Space Available

    This third-floor office space is available for lease and is located one block from the Capitol Square. The suite is accessible via elevator and features historic character, including hardwood floors and exposed brick. Natural light fills the space. The layout comprises private offices, an open workspace, an in-suite bathroom with a shower, a reception area, and break areas. A private balcony is available for tenant use, along with a shared walk-out rooftop deck. The property size is 2381 square feet.
    Location Intelligence

    Current Use by Public Records

    Office space

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Building Supply Gym & Fitness

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Madison
    County
    Dane
    State
    Wisconsin
    Longitude
    -89.5331656
    Latitude
    42.9919841

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    FAQs

    What type of property is this?
    Office space - Third-floor office space near Capitol Square with historic character.
    Where is this office space located?
    The property is located at 119-123 E Main St Madison, WI.
    What is the lease rate?
    The lease rate is $17 SF/Yr.
    What are key features of this property?
    This property features: - Prime location: One block from the Capitol Square.; - Unique historic character: **Hardwood floors and exposed brick.**; - Abundant natural light.
    (608) 729-1800
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    119-123 E Main St Madison, WI 53703
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    Madison, WI 53703
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    119-123 E Main St Madison, WI 53703
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