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1414 S Park St, Madison, WI, 53715
Established Madison Medical Facility For Sale

1414 S Park St Madison, WI 53715

For Sale
$2,640,000

Outpatient medical facility leased to Meriter Hospital, Inc.

Days on Market115

Property Features for 1414 S Park St

General Information

Standard status
Active
Property subtype
Retail

Building Details

Year Built
1989
Listing Agency: Mid America Real Estate Milwaukee
Listed By: Tanner Rosen · License #55452
Source: Midamericagrp
Added: Apr 1 Changed: Jul 10 Last Checked: Jul 23 at 4:53AM

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 Mid America Real Estate Milwaukee


Investment Insights

Based on property information with market context.

The Meriter Hospital Clinic, located at 1414 S Park Street in Madison, Wisconsin, is available for acquisition. The property is leased to Meriter Hospital, Inc., operating within the UnityPoint Health system, and functions as an established outpatient medical facility supporting the surrounding healthcare network. The property is utilized for both outpatient medical services and hospital equipment storage, allowing the tenant to efficiently support operations at the nearby hospital campus. The facility is positioned along South Park Street just south of Downtown Madison within a dense urban trade area. Located less than one mile from the 448 bed UnityPoint Health Meriter Hospital, it supports the tenant’s broader healthcare network. Situated approximately 1.5 miles from the University of Wisconsin–Madison, one of the nation’s largest public universities with more than 47,000 students, investors control a well-located parcel along South Park Street, an area experiencing ongoing redevelopment and multifamily growth. Ownership has completed multiple recent improvements including roof work, mechanical upgrades, and exterior improvements.

Key Highlights

  • Leased to UnityPoint Health Affiliate (Meriter Hospital) providing stable tenancy.
  • Acquire below replacement cost.
  • Prime infill Madison location, south of Downtown.

Property Analytics

Property Profile Location Intelligence

Current Use by Public Records

UnityPoint Health - Meriter ... Medical Clinic Laura Lenzen, M.S. Physician Karly Curtin CCC-SLP, ... Physician Jennifer Wallskog, DPT,PT Physician Stephanie Erickson-Brown, MSPT,PT Physician

Suggested Use

Real Estate Agency Law Firm Big Box & Wholesale Store Dental Office Building Supply Auto Parts Store HVAC Service Kitchen & Bath Showroom Nail Salon Electrical Service

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

FAQs

What type of property is this?
Medical center - Outpatient medical facility leased to Meriter Hospital, Inc.
Where is this medical center located?
The property is located at 1414 S Park St Madison, WI.
What is the asking price?
The asking price for this property is $2,640,000.
What are key features of this property?
This property features: Leased to UnityPoint Health Affiliate (Meriter Hospital) providing stable tenancy.; Acquire below replacement cost.; Prime infill Madison location, south of Downtown.
More about this property
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