821 Washington AveMadison, WI 53703

Property Details for 821 Washington Ave

Year built

2017

Lot size

0.83 AC

Property size (Sq ft)

148,747 SF

Zone code

TE WP-24

Property type

Office properties

Property subtype

Office buildings

APN

0709-134-1016-7

APU

70913410167

Description

Located in the heart of downtown Madison, Wisconsin, at 821 E. Washington Ave, this exceptional office space offers a variety of configurations within the state-of-the-art Spark Building. Developed and owned by American Family Insurance, this prestigious address boasts a modern design and high-end finishes. Two spaces are currently available, ranging from a minimum of 3,110 square feet to a maximum contiguous space of 5,068 square feet. The building's multiple tenancy structure allows for flexibility in lease terms and space requirements. This is an unparalleled opportunity to join a vibrant community of established businesses, including American Family Insurance, Dreambank, ESPN Madison, and StartingBlock. The property's prime location provides easy access to major transportation routes and a wealth of amenities. The building itself offers exceptional tenant amenities, further enhancing the work environment. The available spaces are ideal for businesses seeking a sophisticated and functional workspace in a dynamic urban setting. Contact us today to schedule a viewing and explore the possibilities of establishing your business in this remarkable Madison location. The property is classified as Executive Office, Traditional Office, and Creative Office space, catering to a diverse range of business needs.

• CAP approach

  CAP return

  Valuation

  6%

  $26,858,036

  6.5%

  $24,792,034

  7%

  $23,021,174

• Comparable approach

  Method

  Valuation

  Relative Method

  $15,101,269

  Geo Method

  $19,374,296

• Alternative Use

  Use

  Valuation

  Residential

  $30,742,122

  Hospitality

  $28,159,618

  Educational

  $23,428,472

  Medical

  $24,234,212

  Retail

  $36,444,288

Location Insight

City

Madison

County

Dane

State

Wisconsin

Latitude

43.081

Longitude

-89.3739

CBSA code

31540

CBSA name

MADISON, WI METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

FAQs

How do I add a non-forward facing team member such as a broker coordinator or broker aide to a listing in order to ensure they get notifications on the property?

Please email our support team at [email protected] and they will add the team member.

How do I access a private listing?

Please contact the broker directly with the information provided on the listing. Once the broker approves your credentials he will make the information public to you.

How can I contact the broker?

We strongly encourage to message the broker through our portal by clicking on the “Envelope” icon next to the brokers photo on the property page. We’ve found brokers response time is much quicker via our messaging portal than phone as brokers are always on the go.

How do I unsubscribe from emails?

At the footer of each email you will find links to Reduce Email Frequency, Adjust Email Settings or Unsubscribe altogether. If you choose to Unsubscribe and are still receiving emails please reach out to us at [email protected].