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4111 East Towne Boulevard, Madison, WI 53704 (MLS # 2017189)

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True value-add opportunity for an investor or owner occupant! 7.3% CAP on existing rents with 45% vacancy plus a 7,500 sf vacant basement provide considerable upside to a new owner. Recent improvements: Full parking lot replacement in 2023. Basement has been trenched and drain-tiled and is fully dry! Ready for improvements or use for storage space - bathrooms stubbed in. Newly built out offices and updated lighting on the first floor. Second floor is fully improved with new lighting and flooring. Truly turn-key leasable space! Side entrances provide a separate entrance/exit for upstairs tenant(s). 1st floor leased to a non-profit, providing support services to children. Building is currently tax-exempt and sets up well for either a for-profit or another non-profit org upstairs. Don't pass this one by.

LAST UPDATED 2/25/2026 YEAR BUILT 0
COUNTY Dane STATUS Active
PROPERTY TYPE(S) Commercial


ADDITIONAL DETAILS
AIR Central Air
AIR CONDITIONING Yes
BASEMENT Full, Yes
CONSTRUCTION Vinyl Siding
HEAT Forced Air, Natural Gas
LOT 1.96 acre(s)
MLS STATUS Active
PARKING On Site, Paved
SEWER Public Sewer
STORIES 1
WATER Public
MORTGAGE CALCULATOR
   

TOTAL MONTHLY PAYMENT

0
P
I
*Estimate only
Listed with Acres Realty

Information is supplied by seller and other third parties and has not been verified.

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