Washington Ave Condo Portfolio 3 Office Condos Offered at $2,100,000 in Madison, WI

Positioned at the vibrant intersection of W. Washington Avenue and S. Fairchild Street in downtown Madison, this rare commercial condominium portfolio offers investors a chance to own a piece of the city’s architectural heritage. Originally constructed in 1924 and fully renovated into luxury commercial condos in 2004, the property spans three parcels and includes five retail-office units totaling 7,557 SF.
The asset is surrounded by major employers such as the University of Wisconsin–Madison, EPIC Systems, and American Family Insurance, and benefits from proximity to civic landmarks like the Wisconsin State Capitol and the Overture Center for the Arts. With a walkable location and access to Metro Rapid Bus Transit, B-Cycle stations, and nearby parking ramps, the property is ideally situated for both tenants and customers.
Currently, four of the five units are leased, with strong in-place rents and a proforma NOI of $201,404. The vacant unit presents a value-add opportunity to further enhance returns. Madison’s consistent growth, projected to exceed 385,000 residents by 2050, and its ranking as the 3rd Best City to Live in the U.S. (2024, U.S. News) underscore the long-term demand for well-located commercial assets.
This offering combines historical charm, modern infrastructure, and income-producing stability in one of Wisconsin’s most dynamic urban markets.