Value-Add Office Building
4111 E Towne Blvd, Madison, WI 53704
Office building with value-add potential in Madison, Wisconsin.
Type:Office, Special Purpose
Property size:
15,000 SFPrice / SF:
$146/SF- Added:
- Feb 25, 2026
- Days on Market:
- 82
- Last Refresh:
- Mar 17 at 1:16 pm
Property Features for 4111 E Towne Blvd
General Information
- Standard status
- Active
- Size
- 15,000 SF
- Property subtype
- Office, Special Purpose
Building Details
- Year Built
- 1990
Listing agent Kevin Visel License #WI 90-57578
Listing office Acres Realty
Listing date Feb 25, 2026
Source Crexi
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 Acres Realty
HighLights
- 7.3% CAP rate on existing rents with 45% vacancy provides significant upside potential.
- 7,500 sq ft vacant basement, trenched, drain‑tiled, and ready for build‑out with bathrooms stubbed in.
- First and second floors are updated with new lighting and flooring.
- Full parking lot replacement completed in 2023.
- Separate side entrances provide dedicated access for upstairs tenant(s).
- Currently tax‑exempt, suitable for both for‑profit and non‑profit organizations.
Overview
This 15,000 square foot commercial real estate offers a value-add opportunity for investors or owner-occupants. The property currently has a 7.3% CAP rate on existing rents with 45% vacancy, and a 7,500 square foot vacant basement provides considerable upside. Recent improvements include a full parking lot replacement in 2023. The basement has been trenched and drain-tiled and is fully dry, ready for improvements or use for storage space, with bathrooms stubbed in. The first floor features newly built-out offices and updated lighting. The second floor is fully improved with new lighting and flooring, creating turn-key leasable space. Side entrances provide separate access for upstairs tenants. The first floor is leased to a non-profit organization that provides support services to children. The building is currently tax-exempt and is suitable for either a for-profit or another non-profit organization upstairs.
Property Profile
Insight Report
Location Intelligence
Current Use by Public Records
Play Haven East ...
Daycare Center
Location Insight
- Map
- Local Demand
- City
- Madison
- County
- Dane
- State
- Wisconsin
- Longitude
- -89.3104394
- Latitude
- 43.1229073
Nearby Similar for Sale
FAQs
What type of property is this?
Office building - Office building with value-add potential in Madison, Wisconsin.
Where is this office building located?
The property is located at 4111 E Towne Blvd Madison, WI.
What is the asking price?
The asking price for this property is $2,200,000.
What are key features of this property?
This property features: 7.3% CAP rate on existing rents with 45% vacancy provides significant upside potential.; **7,500 sq ft vacant basement, trenched, drain‑tiled, and ready for build‑out with bathrooms stubbed in.**; First and second floors are updated with new lighting and flooring.
