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Storefront Property with Second-Floor Buildout
For Sale
$795,000

2528 E Washington Ave, Madison, WI 53704

Retail and office building with a finished first floor, parking, and separately accessed upper-level space for future buildout.

Property Size10,389 SF
Days on Market937

Property Features for 2528 E Washington Ave

General Information

Standard status Active
Size 10,389 SF
Total Parking Spaces 10
Property subtype Commercial
Zoning TSS

Property Condition

Severity Minor
Evidence needs build out

Taxes and HOA fees

Annual Taxes $15,760

Amenities

two restrooms
full parking lot

Building Details

Building Size 10,389 SF
Year Built 1922
Buildings 1
Stories 2
Listing Agency: Keller Williams Realty-Milwaukee Southwest
Listed By: The Schmidt Group* · License #.
Source: Therealtycompanyllc
Added: Jan 26, 2024 Changed: Aug 17 Last Checked: Aug 19 at 2:25PM

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 Keller Williams Realty-Milwaukee Southwest

Investment Insights

Based on property information with market context.

This storefront property combines a completed first-floor retail and office layout with additional upper-level space that requires buildout. The main level includes two restrooms and access to a full parking lot. A separate entrance serves the second floor, where the common area is plumbed for two restrooms and the layout could accommodate one or two units as described. The first floor may also be configured for two units.

The building at 2528 E Washington Ave in Madison, Wisconsin, carries TSS zoning and was built in 1922. Recent property updates include a new roof and newer mechanical systems, providing updated components within the existing commercial structure.

Key Highlights

  • Fully built‑out first floor with retail and office areas
  • Second floor has a separate entrance and buildout potential for 1 or 2 units
  • Upper‑level common area is plumbed for two restrooms

Property Analytics

Current Use

Lovers Playground (Bike/Boat/Book/etc) Store

Suggested Use

Top Pick Law Firm Parking Lot & Garage Grocery & Convenience Store Auto Parts Store (Bike/Boat/Book/etc) Store Accounting Firm

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

1,023
Businesses Nearby
Under-served
Demand for This Use

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

Market

Vacancy Rate% for Office in Madison, WI

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

What type of property is this?
Storefront property - Retail and office building with a finished first floor, parking, and separately accessed upper-level space for future buildout.
Where is this storefront property located?
The property is located at 2528 E Washington Ave Madison, WI.
What is the asking price?
The asking price for this property is $795,000.
What are key features of this property?
This property features: Fully built‑out first floor with retail and office areas; Second floor has a separate entrance and buildout potential for 1 or 2 units; Upper‑level common area is plumbed for two restrooms
More about this property
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