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Established Madison Medical Facility For Sale

1414 S Park St, Madison, WI 53715

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For Sale

$2,640,000

Outpatient medical facility leased to Meriter Hospital, Inc.

Type:Retail

HighLights

Leased to UnityPoint Health Affiliate (Meriter Hospital) providing stable tenancy.
Acquire below replacement cost.
Prime infill Madison location, south of Downtown.
Proximity to Meriter Hospital Campus, less than one mile away.
Operational support facility for outpatient services and equipment storage.
Covered land play along redeveloping South Park Street corridor.

We can help!

Listing Contact

Tanner Rosen

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For Sale

$2,640,000

Outpatient medical facility leased to Meriter Hospital, Inc.

Type:Retail

Added:: Apr 1, 2026
Days on Market:: 70
Last Refresh:: Apr 1 at 11:49 am

Property Features for 1414 S Park St

General Information

Standard status: Active
Property subtype: Retail

Building Details

Year Built: 1989

We can help!

Listing Contact

Tanner Rosen

Listing agent Tanner Rosen License #55452

Listing office Mid America Real Estate Milwaukee

Listing date Apr 1, 2026

Source Midamericagrp

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

HighLights

Leased to UnityPoint Health Affiliate (Meriter Hospital) providing stable tenancy.
Acquire below replacement cost.
Prime infill Madison location, south of Downtown.
Proximity to Meriter Hospital Campus, less than one mile away.
Operational support facility for outpatient services and equipment storage.
Covered land play along redeveloping South Park Street corridor.

Overview

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.

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

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Location Insight

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Local Demand

City: Madison
County: Dane
State: Wisconsin
Longitude: -89.3951817
Latitude: 43.0509539

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For sale
Medical centers
WI
Madison
53715
1414 S Park St

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.