702 Main StMadison, WI 53715

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.