Property Details for Confidential

Year built

1864

Lot size

0.05 lot acres

Property size

8,903 SF

Property type

Commercial real estate

Description

This exceptional four-story building in Madison, Wisconsin presents a unique investment opportunity. Situated on a 0.05-acre lot, just steps from the state capital, this beautifully preserved landmark boasts 8,903 square feet of space. The ground floor features three thriving retail storefronts and a separate office space, ensuring consistent commercial activity and income streams. Above, eight fully occupied residential apartments provide a reliable source of rental income from long-term tenants. The building's prime location, combined with its historical significance and current full occupancy, makes it an attractive investment for those seeking both strong returns and a piece of Madison's heritage. The property's historical charm is undeniable, offering a unique blend of commercial and residential income potential. The consistent rental income from the residential units provides a stable foundation for the investment, while the high-traffic location of the commercial spaces ensures ongoing revenue generation. This is a rare opportunity to acquire a fully occupied, income-producing property in a highly desirable location. The building's solid construction and well-maintained condition further enhance its investment appeal. This property is a turnkey operation, ready for immediate income generation and long-term growth. The asking price is $4,900,000.

Location Insight

City

Madison

County

DANE

State

Wisconsin

Longitude

-89.3787

Latitude

43.0783