203 Paterson St Madison, WI 53703
This exceptional Class A office space, located at 203 S. Paterson St. in Madison, WI, offers 6,240 contiguous square feet within a 10,000 square foot building. The property boasts 24-foot ceilings, creating a bright and airy atmosphere ideal for creative or traditional office uses. The space includes multiple conference/breakout rooms, nine to eleven private offices, five built-in workstations, and ample room for cubicles and collaborative work areas. High-speed internet access is ensured with two separate fiber providers. Additional features include a locked storage area, a secured server room with climate control, and a private outdoor deck overlooking a park. Building amenities include showers and ample parking (113 spaces). The building underwent renovations in 2013. This prime location in the East Madison Rail corridor, within the Wil-Mar/East Washington corridor submarket, places the property between the East Washington Ave business district and Williamson St., offering easy access to the Cap City bike path, McPike Park, and numerous amenities including The Sylvee, Breese Stevens Field, Festival Foods, and more. The property is situated in Madison's rapidly growing office community and is within walking distance of the Capitol Square. This is a rare opportunity to lease a substantial, well-appointed office space in a highly desirable location.
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Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
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Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.