Established Madison Medical Facility For
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
(262) 226-9865
Listed By:
Tanner Rosen · License #55452
(262) 226-9865
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
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.