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$2,200,000 Just Listed
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Property Description
True value-add opportunity for an investor or owner occupant! 7.3% CAP on existing rents with 45% vacancy plus a 7,500 sf vacant basement provide considerable upside to a new owner. Recent improvements: Full parking lot replacement in 2023. Basement has been trenched and drain-tiled and is fully dry! Ready for improvements or use for storage space - bathrooms stubbed in. Newly built out offices and updated lighting on the first floor. Second floor is fully improved with new lighting and flooring. Truly turn-key leasable space! Side entrances provide a separate entrance/exit for upstairs tenant(s). 1st floor leased to a non-profit, providing support services to children. Building is currently tax-exempt and sets up well for either a for-profit or another non-profit org upstairs. Don't pass this one by.
Full Property Details
Full Property Details for 4111 E Towne Blvd
General
- Price: $2,200,000
- Taxes: (2025)
- Status: Active
- Type: Office
- Source: Wirex_South_Central_Wisconsin_MLS_Corporation_SCW
- MLS ID: 2017189
- Updated: 2/25/2026
- Added to Site: 5 day(s) ago
Additional Information
- Other Features: Restroom(s), Private Restrooms, Security System
Parking
- Parking Features: 56 or More Spaces, On-Site Parking, Paved Lot
Location
- Municipality: Madison
- County: Dane
- Driving Directions: From E Wash, turn on Eagan Rd, then first right. Turn left onto driveway from East Towne Blvd.
Heating & Cooling
- Heating Fuel: Natural Gas
- Heating/Cooling: Forced Air, Central Air Conditioning
Utilities
- Water/Sewer: Municipal Water, Municipal Sewer
Structural Information
- Basement Desc.: Full
- Roof: Composition/Fiberglass
- Square Feet: 15,000
- Square Feet Range: 5001 or More
- Sq. Ft. Source: Other (See Remarks)
- Year Built: 1990
Unit Information
- Units in Building: 3
Lot Features
- Zoning: CC
Financial Considerations
- Tax Year: 2025
Disclosures and Reports
- Exclusions: Tenant personal property
Listed by Acres Realty
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Schools
Schools serving 4111 E Towne Blvd
School District:Madison Metropolitan School District
| Name | Grades | Distance |
|---|---|---|
Sandburg Elementary School, Madison, WI 4114 Donald Drive, Madison, WI 53704 | PK-5 | 0.9 mi |
Sherman Middle School 1610 Ruskin Street, Madison, WI 53704 | 6-8 | 2.6 mi |
East High School, Madison, WI 2222 East Washington Avenue, Madison, WI 53704 | 9-12 | 2.9 mi |
Disclaimer:
School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 4111 E Towne Blvd
Date
Details
Price
Change
Source
2/25/2026
Listed
$2,200,000
120%
MLS
10/06/2023
Sold
$1,000,000
—
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 4111 E Towne Blvd
Year
Property Taxes
Change
Tax Assessment
Change
2024
$315
-99%
$1,278,000
5%
2022
$24,031
-8%
$1,217,000
—
2021
$26,078
-4%
$1,217,000
—
2021
$27,264
—
$1,217,000
—
2020
$27,264
5%
$1,217,000
5%
2019
$26,064
—
$1,159,000
—
2018
$26,023
1%
$1,159,000
5%
2017
$25,677
-3%
$1,104,000
—
2016
$26,385
-1%
$1,104,000
—
2015
$26,654
—
$1,104,000
—
2014
$26,746
-2%
$1,104,000
—
2013
$27,388
—
$1,104,000
—
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 4111 E Towne Blvd
4111 East Towne Boulevard, Madison, WI 53704 (MLS# 2017189) is a Office property. 4111 East Towne Boulevard is currently listed for $2,200,000 and was received on February 25, 2026. Want to learn more about 4111 East Towne Boulevard? 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.

