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$1,600,000 -$199,000 (-11.06%) Price Reduced
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Property Description
Discover a unique investment opportunity. This historic, beautifully maintained commercial property exudes charm and elegance, featuring architectural details that reflect its storied past. Currently with 14 offices & nestled in a prime downtown location, close to Lake Mendota and the Capitol square. Longtime tenant with current lease. With its classic brick faade and modern amenities, this property seamlessly blends tradition and functionality, making it an ideal addition to any real estate portfolio. Basement has beautifully remodeled lounge/apartment area with full kitchen and bath. Don?t miss out on owning a piece of Madison?s heritage. Buyer responsible for confirming zoning and requirements for entire building.
Full Property Details
Full Property Details for 401 Wisconsin Ave
General
- Price: $1,600,000
- Taxes: $9,069 (2024)
- Status: Active
- Type: Office
- Source: Wirex_South_Central_Wisconsin_MLS_Corporation_SCW
- MLS ID: 2013475
- Updated: 3/12/2026
- Added to Site: 97 day(s) ago
Additional Information
- Other Features: Restroom(s), Private Restrooms, Reception Area, Inside Storage, Offices
Parking
- Parking Features: 1 to 5 Spaces, On-Site Parking, Paved Lot
Location
- Municipality: Madison
- County: Dane
- Driving Directions: Corner of E Gorham ad Wisconsin Ave
Heating & Cooling
- Heating Fuel: Natural Gas
- Heating/Cooling: Radiant, Wall Air Conditioning, Zoned Heating
Utilities
- Water/Sewer: Municipal Water, Municipal Sewer
Structural Information
- Basement Desc.: Full
- Roof: Composition/Fiberglass
- Square Feet: 6,006
- Square Feet Range: 5001 or More
- Sq. Ft. Source: Assessor/Public Record
- Year Built: 1910
Lot Features
- Zoning: DR1, HISMH
Financial Considerations
- Tax Amount: $9,069
- Tax Year: 2024
Disclosures and Reports
- Exclusions: Seller's personal property
- Inclusions: All appliances
Listed by Sprinkman Real Estate
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Schools
Schools serving 401 Wisconsin Ave
School District:Madison Metropolitan School District
| Name | Grades | Distance |
|---|---|---|
Lapham Elementary School 1045 East Dayton Street, Madison, WI 53703 | PK-2 | 1 mi |
Marquette Elementary School, Madison, WI 1501 Jenifer Street, Madison, WI 53703 | 3-5 | 1.6 mi |
O'keeffe Middle School 510 South Thornton Avenue, Madison, WI 53703 | 6-8 | 1.7 mi |
East High School, Madison, WI 2222 East Washington Avenue, Madison, WI 53704 | 9-12 | 2.1 mi |
Disclaimer:
School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 401 Wisconsin Ave
Date
Details
Price
Change
Source
3/12/2026
Price Reduced
$1,600,000
-11.06%
MLS
12/06/2025
Listed
$1,799,000
349.75%
MLS
1/30/2013
Sold
$400,000
—
Public Record
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Tax History
Tax History for 401 Wisconsin Ave
Year
Property Taxes
Change
Tax Assessment
Change
2024
$9,069
-11%
$517,000
—
2022
$10,160
1%
$517,000
—
2021
$10,019
1%
$517,000
10%
2021
$9,919
—
$470,000
6%
2020
$9,919
3%
$445,000
5%
2019
$9,591
-1%
$424,000
—
2018
$9,680
—
$424,000
3%
2017
$9,644
—
$412,000
3%
2016
$9,611
—
$400,000
—
2015
$9,607
-1%
$400,000
—
2014
$9,691
-2%
$400,000
—
2013
$9,875
—
$400,000
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 401 Wisconsin Ave
401 Wisconsin Avenue, Madison, WI 53703 (MLS# 2013475) is a Office property. 401 Wisconsin Avenue is currently listed for $1,600,000 and was received on December 06, 2025. Want to learn more about 401 Wisconsin Avenue? Do you have questions about finding other Office real estate for sale in Madison? You can browse all Madison real estate or contact a Coldwell Banker agent to request more information.

