702 Main St Madison, WI 53715-1424
- Office buildings
- 4,382 SF
- 0.28 lot acres
May 13, 2025
Current Use by Public Records
- Emergency Services Unit / Medical Clinic
- Emergency Services Unit – Crisis / Crisis Center / Mental Health Clinic
- Recovery House / Mental Health Service
- Amber Gilles / Social Worker
- Dr. Karen Milner / Psychiatrist
Property Details for 702 Main St
- Year built
- 1963
- Lot size
- 0.28 lot acres
- Property size
- 4,382 SF
- Zone code
- TR-U1
- Property type
- Office buildings
- APN
- 0709-233-1102-4
- APU
- 70923311024
Description
This 12,510 square foot, three-story Class B office building in downtown Madison, Wisconsin, presents a unique investment opportunity. Built in 1964, this well-maintained mid-century modern brick building boasts recent upgrades including interior finishes and a new sprinkler system. The first floor offers a versatile layout including private offices, a large conference room, open workspace, breakroom, and reception area. The second floor, previously licensed as a Community-based Residential Facility (CBRF), features a full kitchen, dining room, laundry facilities, restrooms with showers, and multiple bedrooms, ideal for various configurations. The building's diverse floor plans allow for easy multi-tenant occupancy, and multiple entrances offer opportunities for separate tenant identity and signage. The property sits on a 12,005 square foot lot and includes 12 parking spaces. The permitted zoning is TR-U1 Traditional Residential. The asking price is $1,775,000, with a price per square foot of $151.88. The APN is 251/0709-233-1102-4. This property is located at 702 W Main St, Madison, WI 53715.
Value Estimation
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CAP approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Madison
- County
- Dane
- State
- Wisconsin
- Longitude
- -89.3943
- Latitude
- 43.0662
- CBSA code
- 31540
- CBSA name
- MADISON, WI METROPOLITAN STATISTICAL AREA
