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

2702 International Lane, Madison, WI 53704

A two-story office property in an established business park has seven tenants and several suites available for lease.

Property Size19,888 SF
Lot Size2.00 Acres
Price / SF$61.59
Days on Market347

Property Features for 2702 International Lane

General Information

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

Site & Location

Neighborhood Carpenter-Ridgeway

Additional Details

Tenant in Place Yes
Property Use Office

Building Details

Building Size 19,888 SF
Year Built 1980
Buildings 1
Stories 2
Units 11
Tenancy Multi
Listing Agency: Key Commercial Real Estate, LLC
Listed By: Mallory Rekoske · License #5687190
Source: Geigerrealtors
Added: Nov 11, 2025 Changed: Oct 23 Last Checked: Oct 23 at 2:08PM

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

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Investment Insights

Based on property information with market context.

This two-story, multi-tenant office building contains 19,888 square feet and sits on a 2-acre parcel in Truax Air Business Park. Built in 1980, it has undergone substantial recent renovations, including updated common areas and restrooms, a replacement roof, and HVAC improvements completed in 2024.

Seven tenants currently occupy the property, while a few smaller suites are available for lease. The seller is willing to lease back vacant space after closing. The land is subject to a long-term lease that runs through September 2078.

Key Highlights

  • 19,888‑square‑foot office building on a 2‑acre parcel
  • Two‑story property with seven current tenants
  • Updated common areas and restrooms, plus a new roof

Property Analytics

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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
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
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Market

Vacancy Rate% for Office in Madison, WI

10.9% 2023
10.8% 2024
7.6% 2025

Frequently Asked Questions

What type of property is this?
Office building - A two-story office property in an established business park has seven tenants and several suites available for lease.
Where is this office building located?
The property is located at 2702 International Lane 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: 19,888‑square‑foot office building on a 2‑acre parcel; Two‑story property with seven current tenants; Updated common areas and restrooms, plus a new roof
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