Listing provided courtesy of Key Commercial Real Estate, LLC- MLS# 2023071MLS Provider

1850 Hoffman StreetMadison, WI 53704

Commercial · 45,246 Sq. ft. | 4.86 Acres
$2,800,000 Active

1850 Hoffman Street Overview

Time on Site:
49 days
Visits:
16

Situated on the Near East Side of Madison, 1850 Hoffman Street offers a strong opportunity for tenants seeking a well-positioned office space with excellent accessibility. This two-story, 45,246 SF office building sits on approximately 4.85 acres within an established commercial corridor. The property provides quick access to Highway 51 and major east-side thoroughfares, offering convenient connectivity to downtown Madison and surrounding communities. It is also just minutes from Dane County Regional Airport and Madison College, making it a practical setting for businesses, employees, and clients. The building layout supports single-tenant or multi-tenant configurations. Amenities include a large kitchenette, an outside patio, a basketball court, and a picnic area. The building offers ample employee and client parking.

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1850 Hoffman Street Facts & Features

  • Type Commercial
  • Sq. ft. 45,246
  • Price/Sq.ft. $62
  • Lot 4.86 Acres

Details

General

Income/Expenses

  • Net Operating Income: 0
  • Operating Expense: 0

Listing Information

  • Sale Includes: N/A

Building Information

  • Fuel: Other
  • Water/Waste: Municipal water
  • Year Built: 1945

Business Information

  • Current Use: Office

Location/Region

  • County Or Parish: Dane
  • Postal City: Madison

Parking Information

  • Parking Fees/Mo.: 0

Rent/Lease Information

  • Lease Type: Other
  • Tenant Pays: N/A

Tax Information

  • Tax Annual Amount: $41,865.00
  • Tax Assessed Value: $2,248,900.00
  • Tax Year: 2025

General Information

  • Business Sale: No
  • Parcel Number: 0810-294-0079-4
  • Property Type: Business/Comm
  • Type: Office
  • Zoning: IL

Interior

Building Information

  • Total Units/Bldg.: 1
  • Heating/Cooling: Central air

Building Interior

  • Building Area Total: 45246
  • Ceiling Height Max: 10
  • Ceiling Height Min: 10

General Information

  • Stories Total: 2

Unit Information

  • Unit 1 Base Annual Rent: $0.00
  • Unit 1 Gross SqFt: 45246

Exterior

Parking Information

  • Onsite Parking: Yes
  • Parking Features: 56 or more spaces, Onsite, Paved, Covered parking

Lot Information

  • Street Frontage: 516
  • Lot Size Acres: 4.86
  • Lot Size Source: Assessor

Building Exterior/Construction

  • Construction Materials: Wood, Concrete
  • Roof: Shingle

1850 Hoffman Street Neighborhood

Community

53704 (Madison) Demographics

35
Median Age
2,008
Population Density (per sq. mile)
57%
College Educated
$63,805
Estimated Median Income
11,439
Estimated Total Home Owners
9,390
Estimated Total Renters
55% / 45%
Estimated Owner / Renter Divide
2
Estimated Average Household Size
Community data courtesy of LiveBy, Inc.

Schools

School data courtesy of LiveBy, Inc. School ratings are based on a scale of 1-5, with 5 being the highest rating and 1 being the lowest rating.
* All calculations are estimates and provided by Reliance Network, for informational purposes only. Actual amounts may vary. ** Assumes 6.50% APR, 20% down payment, and conventional 30-year fixed rate first mortgage. Rates cited are for instructional purposes only; current rates are subject to change at any time without notice. You should not make any decisions based simply on the information provided. Additional required amounts such as taxes, insurance, homeowner association dues, assessments, mortgage insurance premiums, flood insurance or other such required payments should also be considered. Contact your mortgage company for current rates and additional information. Any mortgage broker or insurance agent that may appear is independent and is not affiliated with, endorsed by, or provided by the MLS.

1850 Hoffman Street Market Data

Based on the last 30 days in this zip code

$497,148
Average List Price
$289
Average Price per Square Foot
49
Properties Sold
49
Average Days on Market
126
Properties for Sale
Calculations provided by Reliance Network

1850 Hoffman Street History

Date Event Value Agent
5/12/2026Source: South Central Wisconsin MLS Added to Database
May 12, 2026