Overview

Listing ID:#20192472

Building SF:45,246

Parcel Size:4.86 Acres

Price:$2,800,000

Building PSF:$61.88

Property Type:Office

Date Available:Now

Description

Situated on the Near East Side of Madison, 1850 Hoffman Street offers a strong opportunity for investors or owner-occupants seeking a well-positioned office property with excellent accessibility and long-term upside. This two-story, 45,246 SF office building sits on approximately 4.85 acres within an established commercial corridor. The property provides quick access to Highway 51 and major east-side thoroughfares, offering convenient connectivity to downtown Madison and surrounding communities. It is also just minutes from Dane County Regional Airport and Madison College, making it a practical setting for businesses, employees, and clients. The building layout supports single-tenant or multi-tenant configurations, allowing for a variety of ownership and leasing strategies. With a sizable land parcel, ample on-site parking, and Opportunity Zone designation, the property presents both operational flexibility and potential investment advantages.

Financial Information

Real Estate Taxes:$41,865

Tax Year:2025

Building Details

Building Type:Stand Alone

Building Status:Existing

Current Use:Office

Number of Floors:2

Zoning:IL

Outside Parking:Yes

Inside Parking:Yes

Municipal Sewer:Yes

Municipal Water:Yes

Bus Line:Yes

Building Amenities

Break Room:Yes

Conference Room:Yes

Exercise Room:Yes

Other:Outdoor patio, picnic area, basketball court

Contact Listing Agent

Lina Schultz

608-729-1809

Aimee Bauman CCIM

608-729-1801
608-698-0105

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