About 4111 East Towne Boulevard
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.
Features of 4111 East Towne Boulevard
| MLS® # | 2017189 |
|---|---|
| Price | $2,200,000 |
| Square Footage | 15,000 |
| Acres | 1.96 |
| Year Built | 1990 |
| Type | Business/Comm |
| Sub-Type | Office, Day care |
| Status | Active |
| Detailed Status | Active |
| Tax Year | 2025 |
Community Information
| Address | 4111 East Towne Boulevard |
|---|---|
| Area | MADISON - C E08 |
| City | Madison |
| County | Dane |
| State | WI |
| Zip Code | 53704 |
Amenities
| Features | Private Restrooms, Security system |
|---|---|
| Parking | 56 or more spaces, Onsite, Paved |
Interior
Exterior
| Exterior | Vinyl |
|---|---|
| Roof | Composition |
School Information
Additional Information
| Zoning | CC |
|---|---|
| Foreclosure | No |
| Short Sale | No |
| RE / Bank Owned | No |
| Year Assessed | 2025 |
Open House Information
Listing Details
| Office | Acres Realty |
|---|