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Updated Office Building with Parking
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2423 American Ln, Madison, WI 53704

A 1984-built office building with operable windows, flexible layouts, and 45 surface parking stalls.

Property Size7,482 SF
Lot Size2.21 Acres
Price / SF$50.78
Days on Market213

Property Features for 2423 American Ln

General Information

Standard status Active
Size 7,482 SF
Total Parking Spaces 45
Lot size 2.21 Acres
Property subtype Office
Zoning SE - Suburban Employmen
Investment Type Owner/User

Amenities

operable windows

Building Details

Year Built 1984
Year Renovated 2009
Listing Agency: Colliers - Madison, Wisconsin
Listed By: Colin McLandsborough · License #90436 - 94
Source: Crexi
Added: Feb 13 Changed: Sep 10 Last Checked: Sep 13 at 6:20AM

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 Colliers - Madison, Wisconsin

Investment Insights

Based on property information with market context.

2423 American Ln is a 7,482 SF office building built in 1984, situated on 2.21 acres in a quiet, wooded setting on Madison’s east side. The property has been recently updated with new interior finishes, HVAC controls, and refreshed parking. Layouts offer flexibility for single- or multi-tenant use, and the building includes operable windows.

The site provides 45 surface parking stalls. The property is zoned SE–Suburban Employment and is being offered as-is.

A land lease is in place through 2079.

Key Highlights

  • 7,482 SF office building on 2.21 acres, built in 1984, in Madison’s east side wooded setting
  • Recently updated interior finishes and refreshed parking
  • New HVAC controls included

Property Analytics

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Current Use

FedEx Drop Box Postal Service Harambee Village Doulas Alternative Medicine Practice American Structures Construction Company Wisconsin Concrete Pavement Association Or Organization

Suggested Use

Top Pick Real Estate Agency Restaurant Dental Office Big Box & Wholesale Store Law Firm Auto Parts 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

499
Businesses Nearby

Demographics for 53704, WI

47,066
Population
22,740
Households
2.1
Avg Household Size
38
Median Age
49%
College-Educated
96%
High-School Grad
21.9 sq mi
ZIP Area
2,149
Density / Sq Mi
$75,007
Median Household Income
$47,665
Median Earnings
$1,231
Median Rent
$289,000
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?
Office building - A 1984-built office building with operable windows, flexible layouts, and 45 surface parking stalls.
Where is this office building located?
The property is located at 2423 American Ln Madison, WI.
What is the asking price?
The asking price for this property is $379,900.
What are key features of this property?
This property features: 7,482 SF office building on 2.21 acres, built in 1984, in Madison’s east side wooded setting; Recently updated interior finishes and refreshed parking; New HVAC controls included
(608) 826-9500 Call to check price and availability
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