633 Main StMadison, WI 53703
- Mixed-use properties
- 5,876 SF
Property Details for 633 Main St
- Year built
- 1945
- Lot size
- 0.58 AC
- Property size (Sq ft)
- 5,876 SF
- Zone code
- UMX
- Property type
- Mixed-use properties
- Property subtype
- Other investment properties
- APN
- 0709-234-0507-5
- APU
- 70923405075
Description
This exceptional office space, located at 633 W Main St in Madison, offers a unique blend of modern convenience and historic charm. Housed within a renovated warehouse building, the property boasts 7,804 square feet of vacant space, currently divided into multiple suites. The building features attractive architectural details including barrel-vaulted ceilings, exposed ductwork, and skylights, creating a bright and inspiring work environment. Available suites range in size from a minimum of 2,319 square feet to a maximum contiguous space of 7,804 square feet. Each suite is designed to maximize functionality and includes private offices, workstations, and conference rooms, catering to diverse business needs. Many suites also offer the added convenience of shower facilities and operable windows. The building is a Class B property, comprised of one two-story building with no elevators. This prime downtown location provides unparalleled accessibility, situated just steps from the southwest bike path and a short distance from the UW-Madison Kohl Center and the Capitol Square. The flexible suite sizes and desirable amenities make this an ideal opportunity for businesses seeking a unique and well-located office space in the heart of Madison. The entire 7,804 square feet is currently vacant and available for lease.
Valuation
by Paperhouses methods
- Valuation date:
- Dec 11, 2024
-
CAP approach
- CAP return
- Valuation
- 6%
- $1,060,982
- 6.5%
- $979,368
- 7%
- $909,413
-
Comparable approach
- Method
- Valuation
- Relative Method
- $596,550
- Geo Method
- $765,349
-
Alternative Use
- Use
- Valuation
- Residential
- $1,214,416
- Hospitality
- $1,112,398
- Educational
- $925,502
- Medical
- $957,332
- Retail
- $1,439,670
Location Insight
- City
- Madison
- County
- Dane
- State
- Wisconsin
- Latitude
- 43.067
- Longitude
- -89.3918
- CBSA code
- 31540
- CBSA name
- MADISON, WI METROPOLITAN STATISTICAL AREA
Property Tax & Assessments
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
FAQs
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- Please email our support team at [email protected] and they will add the team member.
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