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1850 Hoffman St
Madison, WI 53704
Office Property For Sale
Investment Highlights
- amenities incl. picnic area, basketball court, patio
- small 1600 sf storage/indoor parking area incl.
- easy highway connectivity
- ample onside parking
- close proximity to the Dane County Regional Airport
- great for single or multi-tenant opportunities
Executive Summary
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.
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.
Property Facts
Sale Type
Investment or Owner User
Property Type
Office
Building Size
44,246 SF
Building Class
B
Year Built
1974
Price
$3,950,296 CAD
Price Per SF
$89.28 CAD
Percent Leased
100%
Tenancy
Multiple
Building Height
2 Stories
Typical Floor Size
23,600 SF
Slab To Slab
9’
Building FAR
0.11
Lot Size
9.04 AC
Opportunity Zone
Yes
Zoning
IL
Parking
141 Spaces (3.12 Spaces per 1,000 SF Leased)
Amenities
- 24 Hour Access
- Bus Line
- Courtyard
- Signage
Property Taxes
| Parcel Number | 0810-294-0079-4 | Improvements Assessment | $2,516,056 CAD |
| Land Assessment | $656,737 CAD | Total Assessment | $3,172,793 CAD |
Property Taxes
Parcel Number
0810-294-0079-4
Land Assessment
$656,737 CAD
Improvements Assessment
$2,516,056 CAD
Total Assessment
$3,172,793 CAD
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