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Live-Work Loft Condo
For Sale
$750,000

210 S Hamilton, Madison, WI 53703

A flexible two-level layout includes separate entry access, in-unit laundry, and a private deck.

Property Size1,684 SF
Price / SF$445.37
Days on Market19

Property Features for 210 S Hamilton

General Information

Standard status Active
Size 1,684 SF
Total Parking Spaces 2
Property subtype Commercial
Zoning live/work

Amenities

private deck
in-unit laundry

Building Details

Year Built 2023
Listing Agency: Realty Executives Cooper Spransy
Listed By: Tony Tucci · License #68663-94
Source: Madisonareahomesforsale
Added: Sep 18 Changed: Oct 1 Last Checked: Oct 5 at 7:18PM

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 Realty Executives Cooper Spransy

Investment Insights

Based on property information with market context.

This 1,684-square-foot live-work condo pairs loft details with distinct spaces for living and working. Wood-plank ceilings, exposed beams and ductwork, polished concrete floors, and floor-to-ceiling corner windows carry through the two-level townhouse-style layout. The lower area has an open living and sleeping space, a den with its own entrance, and a full bath. The upper level includes a kitchen open to the living area, pantry, bedroom, full bath, laundry, and private deck. The building dates to 2023, and the property includes off-street parking for two cars.

At 210 S Hamilton in downtown Madison, the property is two blocks from Capitol Square. Restaurants, shops, and events on the Square are nearby, and the corner windows offer views of the Capitol from both levels. Live/work zoning supports the property’s combined residential and work-space configuration.

Key Highlights

  • Live/work zoning in a two‑level townhouse‑style condo
  • 1,684 square feet with separate den entrance and full bath
  • Wood‑plank ceilings, exposed beams and ductwork, and polished concrete floors

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$28,408
Cap Rate
3.79%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$568,160 $568.2K
Cap Rate 7%
$405,829 $405.8K
Cap Rate 9%
$315,644 $315.6K
Market Conditions
NOI Build-Up for 1,684 SF
Gross rent
$44.5K $26.40/SF
− Vacancy
−$6.6K −$3.91/SF
EGI
$37.9K $22.49/SF
− OpEx
−$9.5K −$5.62/SF
NOI
$28.4K $16.87/SF
Area
Madison, WI
Vacancy
14.80%
Lease Rate
$26.40 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$568,160
Cap Rate 7%
$405,829
Cap Rate 9%
$315,644

Alternative Uses

Best Use
Office B
$405.8K
$355.1K – $473.5K (±1% cap)
NOI $28,408 @ 7.0% cap · market cap 3.79%
Second Best
Mixed Use
$332.0K
$290.5K – $387.3K (±1% cap)
NOI $23,239 @ 7.0% cap · market cap 3.10%
Theoretical Best
Office A
$491.9K
$430.4K – $573.9K (±1% cap)
NOI $34,434 @ 7.0% cap · market cap 4.59%
Zoning and permitted uses should be independently verified with authorities.

Property Analytics

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Current Use

Live-work space

Suggested Use

Top Pick HVAC Service Daycare Center Electrical Service (Bike/Boat/Book/etc) Store Furniture & Home Goods Home Appliance 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.

Location Intelligence

Trade Area within ½ mile

4,123
Businesses Nearby

Demographics for 53703, WI

38,512
Population
21,025
Households
1.8
Avg Household Size
27
Median Age
69%
College-Educated
98%
High-School Grad
1.8 sq mi
ZIP Area
21,396
Density / Sq Mi
$46,618
Median Household Income
$27,923
Median Earnings
$1,445
Median Rent
$472,000
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Vacancy Rate% for Office in Madison, WI

10.9% 2023
10.8% 2024
7.6% 2025
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Frequently Asked Questions

What type of property is this?
Live-work space - A flexible two-level layout includes separate entry access, in-unit laundry, and a private deck.
Where is this live-work space located?
The property is located at 210 S Hamilton Madison, WI.
What is the asking price?
The asking price for this property is $750,000.
What are key features of this property?
This property features: Live/work zoning in a two‑level townhouse‑style condo; 1,684 square feet with separate den entrance and full bath; Wood‑plank ceilings, exposed beams and ductwork, and polished concrete floors
More about this property
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