Search
Commercial Land with Historic Building
For Sale
Under Contract
$10,000,000

522 E Wilson Street, Madison, WI 53703

Lots & Acreage, Madison, WI

Property SizeContact for details
Lot Size1.53 Acres
Days on Market117

Property Features for 522 E Wilson Street

General Information

Property type Commercial Sale
Property subtype Other
Zoning multiple
Zoning description Commericial/Industrial, Historic district, Multi-family
Lot features Corner
Elementary school Lapham/Marquette
Middle school OKeeffe
High school East
Elementary school district Madison
Middle school district Madison
High school district Madison
Directions 1.534 Acre Redevelopment - Downtown 508-522 E Wilson St. & 134-150 S. Blair St.
Subdivision MADISON - C E01
Standard status Active Under Contract
APN 0709-133-1723-0
Lot size 1.53 Acres

Taxes and HOA fees

Tax Year 2024
Tax Description ORIGINAL PLAT, BLK 115, NE 67 FT OF LOT
Tax Annual Amount 22191
Legal Description ORIGINAL PLAT, BLK 115, NE 67 FT OF LOT
Listing Agency: Madison Property Management, Inc.
Listed By: Jim Stopple · License #9012003
Added: May 14 Changed: Aug 20 Last Checked: Sep 7 at 12:06AM
MLS# 2009723

Copyright © 2026 REALTORS® Association of South Central Wisconsin. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

Investment Insights

Based on property information with market context.

This commercial land offering includes the existing Hotel Ruby Marie historic building, along with the operating Come Back In and Essen Haus Restaurant and Ruby Marie Hotel identified at the property. The site is positioned for redevelopment while retaining an existing historic structure as part of the property’s current improvements.

Located at 522 E Wilson Street and extending to 508-518 E Wilson St. and 134-150 S. Blair St. in Madison, the property offers views toward Lake Monona. Approved development plans include a 164-unit apartment building and a 100-room hotel, providing defined residential and hospitality redevelopment concepts for the site.

Key Highlights

  • Approved concept for a 164‑unit apartment building
  • Approved concept for a 100‑room hotel
  • Existing historic Hotel Ruby Marie building

Property Analytics

Current Use

Derr Properties Apartment Building

Suggested Use

Top Pick Building Supply Dental Office HVAC Service Auto Parts Store Auto Repair Shop Big Box & Wholesale Store

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

164
Residential units

Location Intelligence

Trade Area within ½ mile

3,238
Businesses Nearby

Demographics for 53703, WI

38,512
Population
21,025
Households
1.8
Avg Household Size
27
Median Age
69%
College-Educated
98%
High-School Grad
1.8 sq mi
ZIP Area
21,396
Density / Sq Mi
$46,618
Median Household Income
$27,923
Median Earnings
$1,445
Median Rent
$472,000
Median Home Value

Market

Vacancy Rate% for Retail in Midwest region

8% 2020
7.3% 2021
6.5% 2022
6% 2023
5.7% 2024
6.3% 2025
Rey
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.

Frequently Asked Questions

What type of property is this?
Commercial land - Downtown redevelopment site with an existing historic hotel building and approvals for residential or hospitality development.
Where is this commercial land located?
The property is located at 522 E Wilson Street Madison, WI.
What is the asking price?
The asking price for this property is $10,000,000.
What are key features of this property?
This property features: Approved concept for a 164‑unit apartment building; Approved concept for a 100‑room hotel; Existing historic Hotel Ruby Marie building
More about this property
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Please enter message