Listing provided courtesy of Sprinkman Real Estate- MLS# 2013475MLS Provider

401 Wisconsin AvenueMadison, WI 53703

Commercial · 6,006 Sq. ft. | 0.07 Acres
$1,600,000 Active

401 Wisconsin Avenue Overview

Time on Site:
206 days
Visits:
101

Discover a unique investment opportunity. This historic, beautifully maintained commercial property exudes charm and elegance, featuring architectural details that reflect its storied past. Currently with 14 offices & nestled in a prime downtown location, close to Lake Mendota and the Capitol square. Longtime tenant with current lease. With its classic brick façade and modern amenities, this property seamlessly blends tradition and functionality, making it an ideal addition to any real estate portfolio. Basement has beautifully remodeled lounge/apartment area with full kitchen and bath. Don't miss out on owning a piece of Madison's heritage. Buyer responsible for confirming zoning and requirements for entire building.

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401 Wisconsin Avenue Facts & Features

  • Type Commercial
  • Sq. ft. 6,006
  • Price/Sq.ft. $266
  • Lot 0.07 Acres

Details

General

Income/Expenses

  • Net Operating Income: 0
  • Operating Expense: 0

Listing Information

  • Sale Includes: Lease(s)

Building Information

  • Fuel: Natural gas
  • Water/Waste: Municipal sewer, Municipal water
  • Year Built: 1910

Business Information

  • Current Use: Office

Location/Region

  • County Or Parish: Dane
  • Postal City: Madison

Parking Information

  • Parking Fees/Mo.: 0

Rent/Lease Information

  • Lease Type: Escalators, Gross, Multiple years, Renewal options
  • Tenant Pays: Air Conditioning, Electric, Heat, Janitorial, Sewer, Snow removal, Trash Services, Water

Tax Information

  • Tax Annual Amount: $9,555.00
  • Tax Assessed Value: $517,000.00
  • Tax Year: 2025

General Information

  • Business Sale: No
  • Exclusions: Seller's personal property
  • Features: Private Restrooms, Reception area, Inside storage, Private office(s)
  • Inclusions: All appliances
  • Parcel Number: 0709-144-0712-1
  • Property Type: Business/Comm
  • Type: Office
  • Zoning: DR1, HISMH

Interior

Building Information

  • Total Units/Bldg.: 0
  • Heating/Cooling: Radiant, Wall AC, Zoned heating
  • Number of Loading Docks: 0

Building Interior

  • Building Area Total: 6006
  • Ceiling Height Max: 12
  • Ceiling Height Min: 12

General Information

  • Basement: Full
  • Stories Total: 2

Unit Information

  • Unit 1 Base Annual Rent: $141,000.00
  • Unit 1 Gross SqFt: 5324

Exterior

Parking Information

  • Onsite Parking: 2
  • Parking Features: 1-5 spaces, Onsite, Paved

Lot Information

  • Street Frontage: 44
  • Lot Size Source: Assessor

Building Exterior/Construction

  • Construction Materials: Brick, Stucco
  • Roof: Composition

401 Wisconsin Avenue Neighborhood

Community

53703 (Madison) Demographics

25
Median Age
19,375
Population Density (per sq. mile)
75%
College Educated
$42,153
Estimated Median Income
2,529
Estimated Total Home Owners
15,022
Estimated Total Renters
14% / 86%
Estimated Owner / Renter Divide
2
Estimated Average Household Size
Community data courtesy of LiveBy, Inc.

Schools

School data courtesy of LiveBy, Inc. School ratings are based on a scale of 1-5, with 5 being the highest rating and 1 being the lowest rating.

401 Wisconsin Avenue Monthly Cost

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* All calculations are estimates and provided by Reliance Network, for informational purposes only. Actual amounts may vary. ** Assumes 6.50% APR, 20% down payment, and conventional 30-year fixed rate first mortgage. Rates cited are for instructional purposes only; current rates are subject to change at any time without notice. You should not make any decisions based simply on the information provided. Additional required amounts such as taxes, insurance, homeowner association dues, assessments, mortgage insurance premiums, flood insurance or other such required payments should also be considered. Contact your mortgage company for current rates and additional information. Any mortgage broker or insurance agent that may appear is independent and is not affiliated with, endorsed by, or provided by the MLS.

401 Wisconsin Avenue Market Data

Based on the last 30 days in this zip code

$671,010
Average List Price
$477
Average Price per Square Foot
21
Properties Sold
50
Average Days on Market
59
Properties for Sale
Calculations provided by Reliance Network

401 Wisconsin Avenue History

Date Event Value Agent
3/12/2026Source: South Central Wisconsin MLS Price Reduction
$1,600,000 -11.1%
12/6/2025Source: South Central Wisconsin MLS Added to Database
December 06, 2025