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    122 Washington Ave Madison, WI 53703

    For Lease
    $26 SF/Yr ($17,359 /Mo)

    Prime Madison location, multiple suites available

    Lot size:
    7,861 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    370
    This exceptional Madison, Wisconsin commercial property, located at 122 W Washington Ave, offers 7,861 square feet of prime retail and office space currently available for lease. The building is comprised of four suites, with flexible options for tenants seeking executive office space. Multiple tenancy is available, with a minimum divisible space of 1,756 square feet and a maximum contiguous space of 4,339 square feet. The entire 7,861 square feet is currently vacant, presenting a unique opportunity for a single tenant to occupy the entire building or for multiple tenants to lease individual suites. The property is situated in Dane County, Wisconsin, within the vibrant city of Madison, offering excellent visibility and accessibility. Its "Executive Office" designation speaks to its suitability for businesses seeking a prestigious and functional workspace. The address, 122 W Washington Ave, Madison, WI 53703, provides a convenient and desirable location for businesses seeking a central presence in the city. This is an ideal opportunity for businesses seeking flexible and high-quality office space in a thriving urban environment. The property's size and layout offer considerable versatility, catering to a range of business needs and sizes. Interested parties are encouraged to inquire about lease terms and availability.

    Property Features for 122 Washington Ave

    General Information

    Property type
    Office Properties & Spaces
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    7,861 SF
    Total Rate
    17359.71

    Unit(s) available at that property

    Space
    2nd Floor Suite 201
    Size
    1,756 SF
    Rate per SF
    $26
    Space
    Suite 600
    Size
    1,766 SF
    Rate per SF
    $26
    Space
    Suite 700
    Size
    4,339 SF
    Rate per SF
    $26

    HighLights

    • Capitol views: Stunning Wisconsin State Capitol views.
    • Modern amenities: Access to fitness center, showers, lockers, and secure bike parking.
    • Prime location: One block from the Capitol Square's shops and restaurants.
    • Parking: Covered and surface parking available nearby.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    DNV Professional Services Attorney Juscha E.M. ... Estate Planning Attorney Richman & Richman Bankruptcy Attorney Attorney Lester Pines Employment Attorney Claire Ann Resop Bankruptcy Attorney

    Suggested Use

    Realty agency Restaurant Spa & Massage Dental Office Hair Salon Law Firm Nail Salon Building Supply Clothing Store Auto Repair Shop

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Madison
    County
    Dane
    State
    Wisconsin
    Longitude
    -89.3862555
    Latitude
    43.0735152

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    FAQs

    What type of property is this?
    Office Property / Space - Prime Madison location, multiple suites available
    Where is this office property / space located?
    The property is located at 122 Washington Ave Madison, WI.
    What is the lease rate?
    The lease rate is $26 SF/Yr.
    What are key features of this property?
    This property features: Capitol views: Stunning Wisconsin State Capitol views.; Modern amenities: Access to fitness center, showers, lockers, and secure bike parking.; Prime location: One block from the Capitol Square's shops and restaurants.
    Request Owner's contact information
    122 Washington Ave Madison, WI 53703
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    Madison, WI 53703
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    122 Washington Ave Madison, WI 53703
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