Class A Mixed-Use
2801 Marshall Court Madison, WI 53705
For Sale
$7,500,000
COMMERCIAL - Madison, WI
Property Size24,500 SF
Lot Size0.48 Acres
Price / SF$306.12
Days on Market157
Property Features for 2801 Marshall Court
General Information
- Property type
- Commercial Sale
- Property subtype
- Other
- Zoning
- C3
- Parking features
- Underground/Basement
- Security features
- Security System
- Interior features
- Passenger elevator, Private Restrooms, Shared conference room, Reception area, Security system, Internal sprinkler, Private office(s)
- Accessibility
- Accessible Elevator Installed
- Standard status
- Active
- APN
- 0709-212-8215-1
- Size
- 24,500 SF
- Lot size
- 0.48 Acres
Taxes and HOA fees
- Tax Year
- 2024
- Tax Annual Amount
- 99431
Building Details
- Year built
- 2019
- Number of units
- 3
- Roof type
- Flat
Listing Agency:
Mode Realty Network
(608) 665-3537
Listed By:
Jason Iverson · License #8834494
(608) 628-6605
Added: Feb 17
Changed: Jul 23
Last Checked: Jul 24 at 8:06AM
MLS# 2016677
Copyright © 2026 REALTORS® Association of South Central Wisconsin. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Investment Insights
Based on property information with market context.
Built in 2019, this nearly new two-story Class A mixed-use property offers a flexible layout currently supporting a restaurant, daycare, and office configuration. The restaurant component is fully built out with event space, a bar, patio seating, and commercial kitchen infrastructure. The daycare portion includes classrooms and outdoor play areas with supporting amenities.
The property provides 64 underground parking stalls. It is zoned C3.
With multiple built-out components under one roof, the building is suited to organizations seeking a modern, efficient footprint with more than one operational path.
The property provides 64 underground parking stalls. It is zoned C3.
With multiple built-out components under one roof, the building is suited to organizations seeking a modern, efficient footprint with more than one operational path.
Key Highlights
- Built in 2019, Class A mixed‑use building with 24,500 SF and two stories
- Currently configured for a restaurant, daycare, and office use
- Restaurant includes event space, bar, patio seating, and commercial kitchen infrastructure
Financial Insights For Office B
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $646.8k | $26.40 |
| − Vacancy | −$95.7k | −$3.91 |
| EGI | $551.1k | $22.49 |
| − OpEx | −$137.8k | −$5.62 |
| NOI | $413.3k | $16.87 |
24,500 SF · lease $26.40/SF/yr · vacancy 14.80% · expense 25.00%
Alternative Uses
Best Use
Office B
$5.90M
$5.17M – $6.89M
NOI $413,305 @ 7.0% cap · market cap 5.51%
Second Best
Specialty Retail
$5.69M
$4.98M – $6.63M
NOI $398,003 @ 7.0% cap · market cap 5.31%
Theoretical Best
Office A
$7.16M
$6.26M – $8.35M
NOI $500,976 @ 7.0% cap · market cap 6.68%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
American Wood Council
General Contractor
Cait Berry I ...
Real Estate Agency
Lodgic Kids Camp ...
Charitable Organization
Lodgic Everyday Community ...
Charitable Organization
Bend Health
Medical Clinic
FAQs
What type of property is this?
Mixed-use property - Nearly new two-story mixed-use building built in 2019 supports restaurant, daycare, and office uses.
Where is this mixed-use property located?
The property is located at 2801 Marshall Court Madison, WI.
What is the asking price?
The asking price for this property is $7,500,000.
What are key features of this property?
This property features: Built in 2019, Class A mixed‑use building with 24,500 SF and two stories; Currently configured for a restaurant, daycare, and office use; Restaurant includes event space, bar, patio seating, and commercial kitchen infrastructure
