An Investor’s Downtown Advantage

Positioned on the first block off the Capitol Square, this five-unit (5) condominium investment portfolio spans 115--131 W Washington Ave and 11 S Fairchild St --- a premier location within downtown Madison's commercial core with Parking and newer MEPs. The portfolio is anchored by established local tenants operating across retail, office, and service-oriented sectors, each with long-term lease commitments (on 4 of the 5 units) that provide predictable cash flow and steady returns. Lease the 5th unit for a 7.9% CAP. With strong in-place income and limited comparable inventory downtown, this offering presents a rare opportunity for investors seeking durable performance and long-term appreciation. The classic architectural character complements the financial stability of the asset --- a true blend of historic appeal and income-driven strength in one of Madison's most enduring investment corridors.

Financial Information

Cap Rate:7.90%

Current Tenants:4

Percent Leased:62%

Real Estate Taxes:$31,642

Tax Year:2025

Building Details

Building Type:Condominium

Building Status:Existing

Year Built:2004

Current Use:Office or Destination Retail

Number of Floors:2

Number of Units:5

Zoning:DC HIS-L and DC

Outside Parking:Yes

Inside Parking:Yes

Municipal Sewer:Yes

Municipal Water:Yes

Hwy Exposure:Yes

Cable:Yes

DSL:Yes

T1:Yes

ADA Compliant:Yes

Bus Line:Yes

Building Amenities

Break Room:Yes

Conference Room:Yes

Reception Area:Yes

Contact Listing Agent

Heather Ewing, CCIM

608-239-4781
608-239-4781

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