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Renovated Multi-Tenant Office Building
For Sale
$1,225,000

2702 International Ln, Madison, WI 53704

Two-story multi-tenant office building with recent common area, restroom, roof, and 2024 HVAC upgrades.

Property Size19,888 SF
Lot Size2.00 Acres
Price / SF$61.59
Days on Market320

Property Features for 2702 International Ln

General Information

Standard status Active
Size 19,888 SF
Lot size 2.00 Acres
Property subtype General Commercial

Additional Details

Business Included No

Taxes and HOA fees

Annual Taxes $19,390

Amenities

Central Air
3
SE
On Site.

Building Details

Year Built 1980
Year Renovated 2024
Stories 2
Tenancy Multi
Listing Agency: Key Commercial Real Estate, LLC
Listed By: Mallory Rekoske · License #56871-90
Source: Xome
Added: Oct 15, 2025 Changed: Aug 25 Last Checked: Aug 29 at 6:09AM

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 Key Commercial Real Estate, LLC

Investment Insights

Based on property information with market context.

This two-story, multi-tenant office building was originally constructed in 1980 and has undergone extensive renovations in recent years. Improvements include modernized common areas and restrooms, a new roof, and more than $120,000 in HVAC upgrades completed in 2024. The property is currently occupied by seven tenants, with a few small suites available for lease, and the seller is willing to lease back vacant spaces post-closing.

The building is located in the Truax Air Business Park on a 2-acre parcel. The land is subject to a long-term land lease that extends through September of 2078.

Configured as office units within a shared building, the property offers a multi-tenant setup alongside near-term availability of smaller suites.

Key Highlights

  • Two‑story, 19,888 SF multi‑tenant office building originally constructed in 1980
  • Extensive recent renovations: modernized common areas and restrooms plus a new roof
  • 2024 HVAC upgrades totaling more than $120,000

Property Analytics

Current Use

Cynthia Rose Alternative Medicine Practice Allison Barton Physician Adrea Mcglynn Physician Better Business Bureau ... Charitable Organization Healling Arts Center Medical Clinic

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.

Lease Details

Multi-tenant
Tenancy

Location Intelligence

Trade Area within ½ mile

411
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

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?
Office building - Two-story multi-tenant office building with recent common area, restroom, roof, and 2024 HVAC upgrades.
Where is this office building located?
The property is located at 2702 International Ln Madison, WI.
What is the asking price?
The asking price for this property is $1,225,000.
What are key features of this property?
This property features: Two‑story, 19,888 SF multi‑tenant office building originally constructed in 1980; Extensive recent renovations: modernized common areas and restrooms plus a new roof; 2024 HVAC upgrades totaling more than $120,000
More about this property
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