Approved Commercial Land
For Sale
Under Contract
$10,000,000
522 E Wilson Street, Madison, WI 53703
COMMERCIAL - Madison, WI
Property SizeContact for details
Lot Size1.53 Acres
Days on Market90
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.
(608) 251-8777
Listed By:
Jim Stopple · License #1200390
(608) 268-4912
Added: May 14
Changed: Aug 4
Last Checked: Aug 11 at 10:06PM
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 1.53-acre commercial land offering includes the historic Hotel Ruby Marie building and is currently associated with the Come Back In, Essen Haus Restaurant, and Ruby Marie Hotel. The property is positioned for redevelopment while retaining an existing hospitality component and views toward Lake Monona.
City approval is in place for development of a 164-unit apartment building, a 100-room hotel, or a combination of residential and hotel uses. The site is in downtown Madison, Wisconsin, with multiple zoning designations identified in the property information. Existing improvements and approved development concepts provide a range of redevelopment options for a commercial land buyer.
City approval is in place for development of a 164-unit apartment building, a 100-room hotel, or a combination of residential and hotel uses. The site is in downtown Madison, Wisconsin, with multiple zoning designations identified in the property information. Existing improvements and approved development concepts provide a range of redevelopment options for a commercial land buyer.
Key Highlights
- 1.53‑acre commercial land parcel in downtown Madison, WI
- City approval for a 164‑unit apartment building
- City approval for a 100‑room hotel
Property Analytics
Property Profile
Current Use
Lease Details
164
Residential units
Location Intelligence
Trade Area within ½ mile
1,395
Businesses Nearby
Explore this area
Business Placement
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
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 - City-approved redevelopment site with plans for apartments, a hotel, and existing hospitality improvements.
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: 1.53‑acre commercial land parcel in downtown Madison, WI; City approval for a 164‑unit apartment building; City approval for a 100‑room hotel
