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Downtown Office Space Available
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701 E Washington Ave, Madison, WI 53703

Office space for rent in downtown Madison, WI.

Space Size2,500 SF
Days on Market547

Property Features for 701 E Washington Ave

General Information

Standard status Active
Size 2,500 SF
Property subtype Office
Lease Type NNN

Building Details

Tenancy Multiple

Spaces For Lease

at 701 E Washington Ave Contact us

Available Space 1

Size
2,500 SF
Type
Office
Lease Type
NNN
Availability
Active
Contact us
Listing Agency: NAI Madison
Listed By: Dan Holvick · License #WI 5751890
Source: Crexi
Added: Feb 11, 2025 Changed: Aug 9 Last Checked: Aug 11 at 12:14PM

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 NAI Madison

Investment Insights

Based on property information with market context.

Located in downtown Madison at 701 East Washington Avenue, this office space is near StartingBlock, Breese Stevens Field, The Sylvie, and Festival Foods. Lunch and dinner options are available in the building. The available office space is approximately 2,500 square feet and includes two private conference rooms, a reception area, a break room, and a private bathroom. Ample shelving and storage closets are available. The space features high ceilings, glass windows, and doors. Shared outdoor deck space is also available.

Key Highlights

  • Prime downtown location near key attractions
  • Approximately 2,500 sq ft of office space
  • Includes (2) private conference rooms, reception area, break room, and private bathroom

Property Analytics

Current Use

Smart Growth Association / Organization Adrienne Sella / SELLA ... Real Estate Agency Wisconsin Quality Home ... Home Health Care Service Homes By Ronna ... Real Estate Agency Heath Moore, Real ... Real Estate Agency

Suggested Use

Top Pick Building Supply Big Box & Wholesale Store Auto Repair Shop Dental Office Auto Parts Store HVAC Service

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

NNN (Triple Net)
Lease Type
$3.00 /SF/Yr
CAM

Location Intelligence

Trade Area within ½ mile

3,308
Businesses Nearby

Demographics for 53703, WI

38,512
Population
21,025
Households
1.8
Avg Household Size
27
Median Age
69%
College-Educated
98%
High-School Grad
1.8 sq mi
ZIP Area
21,396
Density / Sq Mi
$46,618
Median Household Income
$27,923
Median Earnings
$1,445
Median Rent
$472,000
Median Home Value

Market

Lease Benchmarks for Madison, WI

$23.71 /SF/Yr
Avg Asking Price
$0.53–$84 /SF/Yr
Price Range
12,417 SF
Avg Space Size

This space is priced 16% below the average of $23.71 /SF/Yr.

Vacancy Rate% for Office in Madison, WI

10.9% 2023
10.8% 2024
7.6% 2025
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Frequently Asked Questions

What type of property is this?
Office units - Office space for rent in downtown Madison, WI.
Where is this office units located?
The property is located at 701 E Washington Ave Madison, WI.
What is the lease rate?
The lease rate is $20 SF/Yr.
What are key features of this property?
This property features: Prime downtown location near key attractions; Approximately 2,500 sq ft of office space; Includes (2) private conference rooms, reception area, break room, and private bathroom
(608) 220-7740 Call to check price and availability
More about this property
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