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Capitol Square Office Space Available
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119-123 E Main St, Madison, WI

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

Space Size2,381 SF
Lot Size0.10 Acres
Days on Market279

Property Features for 119-123 E Main St

General Information

Standard status Active
Size 2,381 SF
Lot size 0.10 Acres
Property subtype OFFICE
Lease Type Modified Gross

Spaces For Lease

at 119-123 E Main St Contact us

Third-floor office space for lease just one block from the Capitol Square. $17.50/SF/Yr

Floor
3
Size
2,381 SF
Type
OFFICE
Lease Type
MODIFIED_GROSS
Availability
AVAILABLE, On Available Date
Sublease
No
Third-floor office space for lease just one block from the Capitol Square. This prime...
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Listing Agency: Key Commercial Real Estate LLC
Listed By: Aimee Bauman · License #5944390
Source: Moodyscre
Added: Nov 24, 2025 Changed: Aug 8 Last Checked: Aug 29 at 12:33PM

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 Key Commercial Real Estate LLC

Investment Insights

Based on property information with market context.

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.

Key Highlights

  • Prime location: One block from the Capitol Square.
  • Unique historic character: Hardwood floors and exposed brick.
  • Abundant natural light.

Property Analytics

Current Use

Office Units

Suggested Use

Top Pick Real Estate Agency HVAC Service Grocery & Convenience Store (Bike/Boat/Book/etc) Store Law Firm Carpet & Flooring Store

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
$2.63 /SF/Yr
CAM

Location Intelligence

Trade Area within ½ mile

563
Businesses Nearby

Market

Lease Benchmarks for Madison, WI

$21.25 /SF/Yr
Avg Asking Price
$4.64–$84 /SF/Yr
Price Range
8,368 SF
Avg Space Size

This space is priced 18% below the average of $21.25 /SF/Yr.

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?
Office units - Third-floor office space near Capitol Square with historic character.
Where is this office units located?
The property is located at 119-123 E Main St Madison, WI.
What is the lease rate?
The lease rate is $17.50 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 Call to check price and availability
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