208 E Olin Ave, Madison, WI
Office for Sale - $4,900,000 - 55,475 Sq. Ft. on 3.95 acres
Property Info
CIMLS# | 760467 |
Location 208 E Olin Ave Madison WI 53713 | |
Updated | January 16th, 2017 |
Type | Office |
Price | $4,900,000 |
Building | 55,475 Sq. Ft. |
Land | 3.95 acres |
Property Description
Outstanding 55,475 sf 2-story office building, fully remodeled in 2007, on the bus line and bike trail, close to hotels and restaurants. Previously occupied by HP & WPS. Amount of A/C, electrical and HVAC zoning all above standard. 33,195 avail for lease or owner to occupy. 3.95 acre site, 6 stalls/1000sf. Elevator served, very flexible floorplan with a mix of private offices and open work space. Perfect for owner to occupy part and lease out the rest. (Currently 4 leases in place) 5 minutes to downtown & 3 minutes to beltline HWY. Also being offered for lease at $14.00 PSF Gross Seller holds WI real estate license.
Location Description:
E Olin Ave is 5 minutes to downtown Madison or 3 minutes to Hwy 12/18 via John Nolen Dr and near the Capital City Bike Trail.
Highlights:
>> Fully remodeled in 2007
>> 282 parking stalls, +/- 6 per 1000 sf
>> On bus line & bike trail, 42,550 cars/day
>> 5 minutes from Downtown Madison
>> 3 minutes to Hwy 12/18
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** This property also has spaces available for lease.
Financials
Sales Info:
>> Commision split: 2.5%