4111 E Towne Blvd Madison, WI 53704
Office building with value-add potential in Madison, Wisconsin.
Type:Office, Special Purpose
Property size:
15,000 SF- Added:
- Feb 25, 2026
- Days on Market:
- 35
- 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
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All listing content including descriptions, pricing, images are the copyrighted material of Acres Realty
Overview
Value-Add Office Building Opportunity
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.
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.
