15,000 sqft

$2,200,000

4111 East Towne Boulevard, Madison WI, 53704

Price per sqft$146.67

Built in1990

Property size15,000 sqft

Property typeCommercial

Listed by Acres Realty

Overview

Active

Listed Feb 25, 2026

Updated 4 weeks ago

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.

Listed by Kevin Visel with Acres Realty 608-556-2088 ]]

Based on information from South Central Wisconsin Multiple Listing Service Corporation as of 9/10/2026. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. The display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.

Data last updated 1:28 PM UTC, 9/10/2026