633 Main StMadison, WI 53703

  • Mixed-use properties
  • 5,876 SF
For Lease

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
633 Main St, Madison, Wisconsin

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

Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2022
$18,470
$505,000
$409,000
$914,000
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-
-
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FAQs

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