Madison, WI Commercial Real Estate for Lease and Sale

Explore 254 listings of Madison commercial real estate to find the best space for your business.

Retail, Office, or Medical Space

643 Struck St, Greentree, Madison, WI
Property

Retail

2,944 SF
Availability

1 Space

2,944 SF
Year Built

2006
For Lease

$19.40/SF/YR
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University Place Office Space

5005 University, Spring Harbor, Madison, WI
Property

Office

26,600 SF
Availability

2 Spaces

7,310 SF
For Lease

$14.00/SF/YR
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5.56 AC High Visibility Vacant Land Opportunity

345 Blettner Blvd, Eastmorland, Madison, WI
Property

Other
For Sale

$2,016,000
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Madison East Business Center - 4618 South Biltmore Lane

4618 South Biltmore Lane, North - East Park, Madison, WI
Property

Office

39,290 SF
Availability

1 Space

9,503 SF
Year Built

2015
For Lease Contact for pricing
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What type of listing property are you looking for?

Office Coworking Retail Industrial

Office Retail Industrial Land
1111 Deming Way

1111 Deming Way, Wexford Village, Madison, WI
Property

Office

39,016 SF
Availability

1 Space

6,655 SF
Year Built

2000
For Lease Contact for pricing
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East Towne Office Center

1310 Mendota Street, Mayfair Park, Madison, WI
Property

Office

33,816 SF
Availability

1 Space

1,150 SF
Year Built

1978
For Lease

$13.00 - $14.00/SF/YR
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515 & 525 Junction Road

525 Junction Road, Junction Ridge, Madison, WI
Property

Office

378,768 SF
Availability

13 Spaces

113,288 SF
Year Built

2001
For Lease Contact for pricing
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1 West Main Street

1 West Main Street, Capitol, Madison, WI
Property

Office

55,638 SF
Availability

3 Spaces

24,509 SF
Year Built

1917
For Lease

$14.00/SF/YR
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Nelson Road Business Center

4001 Felland Road, High Crossing, Madison, WI
Property

Office

143,700 SF
Availability

2 Spaces

5,012 SF
Year Built

2005
For Lease Contact for pricing
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Creative Office Space on South Dickinson

210 South Dickinson Street/1352 East Wilson, Marquette, Madison, WI
Property

Office

6,237 SF
Year Built

1967
For Sale

$2,200,000
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Prime Beltline Area Office Space

2829 Royal Ave., Highland Manor, Madison, WI
Property

Office

20,707 SF
Availability

2 Spaces

6,900 SF
For Lease

$12.25/SF/YR
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East Towne Mall Redevelopment

43 East Towne Way Court, Mayfair Park, Madison, WI
Property

Retail

125,800 SF
For Sale

$3,500,000
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The Spark

821 East Washington Avenue, Marquette, Madison, WI
Property

Office

158,000 SF
Availability

2 Spaces

3,810 SF
Year Built

2018
For Lease

$2,200.00 - $7,000.00/MO
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Old Sauk Trails Park - Sauk Trails Plaza II

1255 Fourier Drive, Wexford Village, Madison, WI
Property

Office

160,000 SF
Availability

1 Space

3,038 SF
Year Built

2018
For Lease Contact for pricing
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Roundhouse Building

1743 Commercial Ave, Sherman Terrace, Madison, WI
Property

Office

53,501 SF
Availability

1 Space

15,185 SF
For Lease

$17.00/SF/MO
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1221 John Q. Hammons Drive

1221 John Q. Hammons Drive, Wexford Village, Madison, WI
Property

Office

48,561 SF
Availability

1 Space

7,000 SF
Year Built

1991
For Lease

$13.00 - $15.00/SF/YR
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Lake Edge UCC

4200 Buckeye Rd. & 4201 Hegg Avenue, Lake Edge, Madison, WI
Property

Other

35,713 SF
Year Built

1957
For Sale

$1,675,000
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The Emerson at Bay Creek

1121 S Park St, Bay Creek, Madison, WI
Property

Retail

61,815 SF
Availability

1 Space

2,500 SF
Year Built

2021
For Lease

$18.00/SF/YR
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Office Space For Lease at Olin Center

208 E Olin Avenue, Capitol View Heights, Madison, WI
Property

Office
Availability

1 Space

16,894 SF
For Lease Contact for pricing
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Old Sauk Trails Park - 8040 Excelsior Drive

8040 Excelsior Drive, Wexford Village, Madison, WI
Property

Office

77,000 SF
Availability

5 Spaces

25,414 SF
Year Built

2005
For Lease Contact for pricing
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WI, Madison - Heartland Trl
Regus
708 Heartland Trail, Madison, WI
Services

Virtual Office

Open Workspace

Private Office

Dedicated Desk
Amenities

24/7 security

Access to global network

Business address

Business lounge

Cleaning services

Ergonomic furniture

Lounge area

Mail services

Money-back guarantee

Office furniture
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22 East Mifflin Street

22 East Mifflin Street, Capitol, Madison, WI
Property

Office

135,061 SF
Availability

6 Spaces

35,225 SF
Year Built

1997
For Lease

$13.95 - $31.95/SF/YR
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The American Center Business Park - 4901 Eastpark Blvd

4901 Eastpark Blvd, North - East Park, Madison, WI
Property

Office

31,460 SF
Availability

1 Space

13,961 SF
Year Built

2009
For Lease

$12.00/SF/YR
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3821 Anderson Rd

3821 Anderson Rd, Westchester Gardens - Norman Acres, Deforest, WI
Property

Industrial

52,000 SF
Year Built

1995
For Sale

$3,300,000
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Class A Office Campus

6911 Mangrove Ln, Monona, Madison, WI
Property

Office
Availability

1 Space

31,000 SF
For Lease Contact for pricing
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Old Sauk Trails Park - 8020 Excelsior Drive

8020 Excelsior Drive, Wexford Village, Madison, WI
Property

Office

74,954 SF
Availability

2 Spaces

19,784 SF
Year Built

2001
For Lease Contact for pricing
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2810 City View Dr

2810 City View Dr, High Crossing, Madison, WI
Property

Office

36,778 SF
Year Built

1994
For Sale

$4,413,360
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Stoughton Road Commons For Lease

1910-1978 S Stoughton Road, Lake Edge, Madison, WI
Property

Retail
Availability

1 Space

6,000 SF
For Lease Contact for pricing
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5459 Fen Oak Dr.

5459 Fen Oak Dr., East Buckeye, Madison, WI
Property

Office

31,197 SF
Availability

1 Space

26,297 SF
Year Built

2007
For Lease

$15.00/SF/YR
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University Research Park - Park West I

406 Science Drive, Midvale Heights, Madison, WI
Property

Office

56,092 SF
Availability

2 Spaces

8,012 SF
Year Built

1989
For Lease

$15.50/SF/YR
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4602 South Biltmore Lane

4602 South Biltmore Lane, North - East Park, Madison, WI
Property

Office

41,260 SF
Availability

1 Space

10,850 SF
Year Built

2007
For Lease Contact for pricing
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High Crossing Office Park - 2810 Crossroads Drive

2810 Crossroads Drive, High Crossing, Madison, WI
Property

Office

70,000 SF
Availability

5 Spaces

11,208 SF
Year Built

1996
For Lease

$13.50/SF/YR
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Amazing And Unique Downtown Office Suite

106 E. Doty St. , Capitol, Madison, WI
Property

Office

12,000 SF
Availability

1 Space

1,220 SF
For Lease

$22.75/SF/YR
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7530 Mineral Point Rd

7530 Mineral Point Rd, Oakbridge, Madison, WI
Property

Office

3,864 SF
Year Built

1990
For Sale

$999,000
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Taproom/Cafe/Bar Space For Lease

1817 E Washington Ave, Marquette, Madison, WI
Property

Retail
Availability

1 Space

1,315 SF
Year Built

2018
For Lease Contact for pricing
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Manchester Place

2 East Mifflin Street, Capitol, Madison, WI
Property

Office

135,270 SF
Availability

6 Spaces

47,185 SF
Year Built

1987
For Lease Contact for pricing
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Multi-tenant Office Building For Lease

4710 E Broadway, Lost Creek, Madison, WI
Property

Office
Availability

1 Space

433 SF
For Lease Contact for pricing
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Old Sauk Trails Park - 1232 Fourier Drive

1232 Fourier Drive, Wexford Village, Madison, WI
Property

Office

29,520 SF
Availability

1 Space

8,916 SF
Year Built

1999
For Lease Contact for pricing
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908 East Main Street

908 East Main Street, Marquette, Madison, WI
Property

Office

92,000 SF
Availability

2 Spaces

28,366 SF
Year Built

2022
For Lease

$23.00 - $24.00/SF/YR
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2044 Atwood Ave

2044 Atwood Ave, Schenk - Atwood, Madison, WI
Property

Retail

11,500 SF
Availability

1 Space

2,213 SF
For Lease

$19.00/SF/YR
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Madison East Business Center - 4602 & 4610 South Biltmore Lane

4602 South Biltmore Lane, North - East Park, Madison, WI
Property

Office

41,260 SF
Availability

5 Spaces

11,684 SF
Year Built

2007
For Lease Contact for pricing
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Madison East Business Center - 5202 Eastpark Blvd

5202 Eastpark Blvd, North - East Park, Madison, WI
Property

Office

30,525 SF
Availability

2 Spaces

4,266 SF
Year Built

2007
For Lease Contact for pricing
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Class A Office Building For Sale

34 Schroeder Ct, Greentree, Madison, WI
Property

Office

51,644 SF
Year Built

2008
For Sale

$6,250,000
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Odana Rd. Office & Retail

6514 Odana Rd , Oakwood Village, Madison, WI
Property

Office

11,770 SF
Availability

2 Spaces

4,300 SF
Year Built

1979
For Lease

$23.88/SF/YR
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9801 Brader Way

9801 Brader Way, Blackhawk, Madison, WI
Property

Office

20,000 SF
Availability

1 Space

20,000 SF
For Lease

$25.00 - $29.00/SF/YR
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Novation Campus - Summit Credit Union Building

2424 Rimrock Road, Indian Springs, Madison, WI
Property

Office

42,660 SF
Availability

3 Spaces

5,664 SF
Year Built

2008
For Lease

$22.00/SF/YR
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Shops at Gammon Road

517 S. Gammon Road, Oakwood Village, Madison, WI
Property

Retail

13,114 SF
Availability

2 Spaces

5,634 SF
Year Built

2013
For Lease Contact for pricing
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NOVO

210-216 S Pinckney St, Capitol, Madison, WI
Property

Retail

159,000 SF
Availability

1 Space

3,451 SF
For Lease

$25.00/SF/YR
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David's Bridal - Prairie Towne Center

8118 Mineral Point Rd, Junction Ridge, Madison, WI
Property

Retail

13,200 SF
Availability

1 Space

10,000 SF
Year Built

2000
For Lease Contact for pricing
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5202 Eastpark Blvd

5202 Eastpark Blvd, North - East Park, Madison, WI
Property

Office

30,525 SF
Availability

1 Space

2,715 SF
Year Built

2007
For Lease Contact for pricing
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The Constellation

10 North Livingston Street, Tenney - Lapham, Madison, WI
Property

Office

32,500 SF
Availability

1 Space

2,401 SF
Year Built

2013
For Lease

$18.00/SF/YR
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7530 Mineral Point Road

7530 Mineral Point Road, Oakbridge, Madison, WI
Property

Retail

3,864 SF
For Sale

$3,450,000
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Frequently Asked Questions

Commercial real estate is a broad category that includes a high variety of space types designed to meet the needs of various industries of the local economy and their specialized subsectors, as presented in our real estate 101 guide to types of commercial real estate. However, there are three main categories that you are most likely to come across: office, retail, and industrial space.

Modern office space is typically organized over large floor plates bound by high ceilings and large windows for an abundance of natural light and is located in transit-oriented developments with good access to multiple modes of transportation, so as to facilitate employee commute. The Madison commercial real estate market incorporates 4,732,167 square feet of office space across 142 buildings.

Office buildings can also accommodate coworking spaces, which are shared office options that typically cater to the needs of small, startup businesses that require flexible workspaces, a concentration of amenities, and services that can be accessed on an occasional or short-term basis. In Madison, the coworking segment of the commercial real estate market incorporates about 839 square feet.
Retail space includes shopping malls, department stores, street retail, or specialty stores dedicated to a narrow range of products. Such properties are typically located in high foot-traffic and/or car traffic areas, to facilitate customer access. The Madison commercial real estate market includes 1,207,568 square feet of retail space in a variety of settings.
Industrial property most often serves businesses operating in manufacturing or logistics and generally consists of large open spaces located within good access to roads, railways, freight airports or regional water ports. Industrial space listings can include warehouses, manufacturing plants, distribution centers, flexible industrial space, or even data center facilities. Across the Madison market, there is a total of 1,264,066 square feet of industrial property.

The listing inventory in Madison incorporates commercial real estate for lease and for sale of almost all property types and subtypes. However, you’ll find some categories offer more rental or investment opportunities than others.

The largest share of commercial real estate space for lease in Madison is represented by Office space, which accounts for 1,759,915 square feet of available listings. Industrial space available in Madison adds up to 636,850 square feet.

Meanwhile, most of the listings of commercial property for sale in Madison are in the Office category.

The price of renting or buying commercial real estate is influenced by a variety of factors, including: the property type (for example, office space is priced higher than other property types in most locations); the condition and asset class rating (property rated class A or above will typically command a higher price than lower grade classifications); the quality or the development potential of the property location; whether or not there is high demand for the type of commercial asset in question; and what the state of supply is relative to demand.

The average rent for commercial real estate space listed for lease in Madison is $15.97 per square foot. However, this value does not offer enough perspective on its own, as you will find significant variation in prices across property types, property classes, and location, as well as other impacting factors. For instance, rent per square foot of office space in Madison can vary greatly depending on the rating of the property from Class A to Class C, as well as across the city depending on the location of the asset. What’s more, each commercial property type makes its own rent market: while the average rent for office space rested at $23.5 per square foot, industrial space in Madison saw average rents of $8.19 per square foot.

Whether you are looking for commercial real estate for lease or commercial property for sale, the best choice of location depends on the factors that are most relevant to your business strategy. A good thing to look for at the start, however, is the areas of the city that have the highest concentration of your preferred type of property, as these areas are generally well connected to the amenities and points of interest that are most relevant to each property type.

As such, there are several areas that you could consider to be the best location for commercial real estate in Madison, depending on the property type you are interested in. The highest concentration of commercial space listings of any kind in Madison is in the Capitol neighborhood. But if we look at each commercial property type, we find that for office space, the best location is the Capitol area.

Meanwhile, retail space opportunities are most abundant in the Mayfair Park submarket. Alternatively, if you are looking for warehouse or other industrial space, consider looking at listings in East Buckeye.

Select your preferred property type from the search filters menu at the top of the search page and then navigate the interactive map for a better view of commercial real estate availability in the locations most suited to your needs.

Regardless of whether buying or leasing commercial space is a new experience for you, there are significant benefits to working with a commercial real estate broker. In addition to saving you time and money, an experienced broker will contribute specialist knowledge of the local market, the property type you need representation for, and will handle negotiations on your behalf in your best interest.

To start, it is important for you to have a good understanding of what kind of broker you need. For instance, there are differences between a tenant broker and a listing broker. Also important at the start is to have a clear idea of what kind of space (or tenant) you are looking for and what (if any) particular needs and requirements you might have. And, while it is good to get a referral, you should interview several brokers to better gauge who you feel would best represent your interests.

CommercialCafe hosts listings from some of the most trusted commercial real estate brokerages in the country. Use the contact form available on each listing page or the contact details for the property representatives to reach out and start your search!

The profitability of a commercial real estate investment depends on a multitude of factors working together. These factors include the quality of the asset itself — which itself includes aspects such as location, property class, amenities, and the quality of the property management — to the local market conditions, the state of the local economy, the demand for that particular type of commercial property, and of course the costs of owning and maintaining it relative to what leasing rate or sale price you get from the property. Asking rents in the city went as high as $31.95 per square foot. In particular, the property type commanding the highest lease rates in Madison was Retail space.

Conversely, the highest sale price last year was $2,970,000, which was paid for the Office property that is located at 5303 Fen Oak Drive. The property was built in 2001, incorporates 33,495 square feet, and is rated Class B.

The average size of a commercial property in Madison depends greatly on the property type and the location — geographical possibilities and zoning allowances have significant influence on how big developers can build. While there are outliers that break height or volume records in the city, we can look at some average sizes by property use:

In Madison, the average size of an office property is 46,854 square feet.
Retail properties here incorporate an average of 26,252 square feet.
Industrial space in Madison is in buildings that are, on average 39,503 square feet in size.

Madison, WI Currently Available Listings

Commercial Space for Lease Breakdown

Commercial real estate listings for rent in Madison currently add up to 3,517,760 square feet. The market offers 127 active office listing(s), which amount to 1,727,626 square feet and account for 64% of commercial spaces on the market. Local retail availability includes 198,791 square feet across 43 retail space(s). Industrial space for rent opportunities in Madison amount to 631,450 square feet across a total of 24 warehouse and other industrial listing(s).

Property Type	Count of Listings	Total SF
Office	127	1,727,626
Retail	43	198,791
Industrial	24	631,450
Other	2	959,893

Commercial Space for Sale Breakdown

What’s more, if you are interested in making an investment in the local market, you can also find commercial real estate for sale in Madison, WI. Currently, there is 934,963 square feet of commercial property for sale here , which includes 16 office building(s) for sale , 10 retail investment opportunity listing(s) , and 9 listing(s) of industrial real estate property for sale .

Property Type	Count of Listings	Total SF
Office	16	404,196
Retail	10	174,167
Industrial	9	316,766
Other	21	39,834

Madison, WI Commercial Real Estate for Lease and Sale

Frequently Asked Questions

What are the different types of commercial real estate?

What types of commercial real estate are available in Madison, WI?

What factors affect the price of commercial real estate in Madison, WI?

What is the average rent for commercial space in Madison, WI?

What are the best areas for commercial real estate in Madison, WI?

How do I find a good commercial real estate broker?

What is the most profitable commercial real estate?

What is the average size of a commercial property in Madison, WI?

Madison, WI Currently Available Listings

Commercial Space for Lease Breakdown

Commercial Space for Sale Breakdown

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