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302 N Walbridge Ave
Madison, WI 53714

Class A Ofc Bldg W/ Redevelopment Potential · Office Property For Sale

Investment Highlights

  • Excellent Visibility and Access Along Route 51 and Highway 30
  • Exceptional Building Infrastructure Including Best-in- Class Access to Power and Water
  • Proximity to High-Ranking University of Wisconsin-Madison Bolsters Local Access to Talent and Research Funding
  • Ideal Profile and Positioning for Corporate User Headquarters Location
  • Large 41-Acre Site and Surrounding Residential Districts Promote Untapped Redevelopment Potential

Executive Summary

302 N Walbridge Avenue, Madison, Wisconsin is a ±277,898 SF, four story, general use office building which sits on 41.13 acres. The property is offered for lease, sale or could be redeveloped into a variety of uses.
Beginning 2016 and completing in 2019 the building underwent a $27.4 million remodel. It is now LEED Gold certified and features a 250kW solar panel field, new heating, air-handling units, windows, light fixtures, a 1500 KW generator, upgraded fire protection & security systems and new patios/courtyards. Building amenities include dining and cooking facilities, several large conference rooms, an abundance of natural light, loading docks, a data center and ample surface parking spaces.
Located on the east side of the Madison Metro, the property sits at the intersection of Highways 30 & 51 and just off of Milwaukee Street with convenient access to I-39, I-90 and I-94.

PROPERTY FACTS

Sale Type
Investment or Owner User
Sale Conditions
High Vacancy Property
Property Type
Office
Building Size
277,898 SF
Building Class
A
LoopNet Rating
4 Star
Year Built/Renovated
1980/2016
Tenancy
Single
Building Height
4 Stories
Typical Floor Size
69,475 SF
Slab To Slab
10’
Building FAR
0.15
Lot Size
41.37 AC
Zoning
PUDSIP - Planned Development Zoning
Parking
500 Spaces (1.8 Spaces per 1,000 SF Leased)

Amenities

  • 24 Hour Access
  • Atrium
  • Bus Line
  • Controlled Access
  • Courtyard
  • Fitness Center
  • Food Court
  • Signage
  • Car Charging Station
  • Bicycle Storage
  • Air Conditioning

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
0710-041-0401-5
Land Assessment
$5,642,754 CAD
Improvements Assessment
$13,853,501 CAD
Total Assessment
$19,496,255 CAD
  • Listing ID: 28279952

  • Date on Market: 2023-04-20

  • Last Updated:

  • Address: 302 N Walbridge Ave, Madison, WI 53714

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