Meriter Hospital Clinic, Downtown Madison, WI
UnityPoint Affiliate | UW Health Partner
Marketing description
Mid-America Real Estate Wisconsin is pleased to present the opportunity to acquire the Meriter Hospital Clinic located at 1414 S Park Street in Madison, Wisconsin. The property is leased to Meriter Hospital, Inc., operating within the UnityPoint Health system, and serves as an established outpatient medical facility supporting the surrounding healthcare network.
Strategically positioned along South Park Street just south of Downtown Madison, the property benefits from strong visibility, consistent daily traffic, and proximity to major employment drivers including UnityPoint Health Meriter Hospital and the University of Wisconsin–Madison. The building currently supports both outpatient medical services and hospital operational functions, creating a highly functional facility for the tenant.
The asset presents investors with the opportunity to acquire a well maintained medical property in Madison’s urban core, located along a corridor experiencing ongoing redevelopment and residential growth. The property also offers potential long term land value given its location along one of Madison’s primary north south commercial corridors.
Investment highlights
- UnityPoint Health Affiliate Tenant – Leased to Meriter Hospital, Inc., operating within the UnityPoint Health healthcare system.
- Proximity to Meriter Hospital Campus – Located less than one mile from the 448 bed UnityPoint Health Meriter Hospital, supporting the tenant’s broader healthcare network.
- Operational Support Facility – The property is utilized for both outpatient medical services and hospital equipment storage, allowing the tenant to efficiently support operations at the nearby hospital campus.
- Prime Infill Madison Location – Positioned along South Park Street just south of Downtown Madison within a dense urban trade area.
- Covered Land Play Along Redeveloping Corridor – Investors control a well located parcel along South Park Street, an area experiencing ongoing redevelopment and multifamily growth.
- Below Replacement Cost Opportunity – Offered at a basis below today’s medical construction replacement cost.
- Recent Capital Improvements – Ownership has completed multiple recent improvements including roof work, mechanical upgrades, and exterior improvements.
- Proximity to University of Wisconsin–Madison – Located approximately 1.5 miles from UW–Madison, one of the nation’s largest public universities with more than 47,000 students.
Listing Contacts
Valuation Calculator
Valuation Metrics
Broker Selected Comps View More Comps
Property History
Tax History
Similar Properties
Additional Information
Is there information that looks off?
