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    FOR LEASE
    Office buildings

    214 N Hamilton St, Madison, WI 53703

    2,732 SF 0.08 ac lot Built 1956
    Entity Owned 1-yr Hold ~ Est. High Equity
    Property ID
    US92-0406177
    Property summary
    AI-generated overview

    This exceptional 10,928 square foot Class B office building, located at 214 N Hamilton St in Madison, Wisconsin, presents a unique opportunity for both sale and lease. Built in 1956 and extensively renovated in 2013, the property boasts a desirable downtown location, just off the Capitol Square. Currently, 1,835 square feet of office space is immediately available, perfect for a variety of professional tenants, including non-profits, lobbyists, and organizations affiliated with the University of Wisconsin. The building's multiple tenancy structure offers flexibility, and the available suite is beautifully appointed. The 0.082-acre lot provides convenient access, complemented by readily available daily and monthly parking options. Numerous downtown amenities are within easy walking distance, enhancing the property's appeal. The building is also available for purchase at $1,400,000, making it an attractive option for owner-occupants seeking a prime location and established infrastructure. This is a rare chance to acquire a well-maintained, centrally located office building in the heart of Madison, Dane County, Wisconsin, zip code 53703. The property's blend of modern amenities and classic charm makes it an ideal investment or workspace.

    Property profile
    Verified
    Property type Office buildings
    Use group PROFESSIONAL BUILDING (MULTI-STORY)
    Year built 1956
    Total area 2,732 SF
    Lot 0.08 ac (3,570 SF)
    Zoning code UOR
    APN 0709-144-1424-1
    UPID US92-0406177
    Cap rate & NOI
    Priority signal for investors
    Implied cap rate, NOI & suggested price
    Cap rate vs submarket · NOI estimate · 3 price anchors
    Implied cap rate, NOI & suggested price
    Cap vs submarket · NOI estimate · 3 price anchors
    Current use
    Occupant on record · Public records
    • Community Justice Inc Law Firm
    • Wild Blossom Acupuncture and Wellness Medical Clinic Alternative Medicine Practice
    • Wisconsin Wetlands Association Charitable Organization Social Service Agency
    • Architecture-CSG Inc Architect
    • SolarShare Wisconsin Cooperative Solar Energy Company
    Value estimations
    Realmo proprietary · 4 methods
    AI Approach AI
    $1.23M
    CAP Approach CAP
    $755k
    Comparable Approach Comparable
    by Request
    Blend (final) Blend
    $1.23M
    Owner & transaction history
    Special Soss LLC · 1 yrs held
    Special Soss LLC
    since 2024
    Last sale
    $1.2M
    7 recorded transactions
    2024
    $1.2M
    2018
    2013
    2011
    $155,000
    2009
    $620,000
    1969
    1969
    Zoning & alternative use
    UOR · Madison, WI
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
    Top alternative use upside
    Commercial (general) $1.4M +117.3%
    Retail stores $960,000 +51.8%
    Auto repair, garage $770,000 +21.9%
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    “Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
    More about this property
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