$10,500,000

Estimated payment $57,026/month

Total Views 26,154
1.53 Acres
$6,862,745 Price per Acre
66,647 Sq Ft Lot

Highlights

  • Water Views
  • 1.53 Acre Lot
  • 4-minute walk to B.B. Clarke Beach Park
  • Marquette Elementary Rated A-
  • Corner Lot

About This Lot

Prime 1.534 Acre Redevelopment opportunity in downtown Madison, WI! It is currently the Come Back In, Essen Haus Restaurant and Ruby Marie Hotel located at 508-518 E Wilson St. & 134-150 S. Blair St., this property offers magnificent views of Lake Monona. This versatile lot has city approval for a 164-unit apartment building, a 100-room hotel and comes with an existing historic building - Hotel Ruby Marie but the canvas can be yours to paint, tailor this site to your vision whether it's a grand residential project or a mix of luxury apartments and hotel accommodations. The potential for this 1.534-acre gem knows no bounds. Don't miss this rare chance to shape the skyline of downtown Madison. Take the reins of this exciting real estate offering where endless opportunities await.

Listing Agent

James Stopple

Madison Property Management, Inc. License #12003-90 Listed on: 09/29/2025

Co-Listing Agent

Tony Xiong

Madison Property Management, Inc. License #69875-94

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $22,191

Lot Details

  • 1.53 Acre Lot
  • Corner Lot
  • 9 Lots in the community
  • Property is zoned multiple

Property Views

  • Water Views

Schools

  • Lapham/Marquette Elementary School
  • Okeeffe Middle School
  • East High School

Utilities

  • Phone Available
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 0709-133-1723-0

Property Details

Property Type

Land

Est. Annual Taxes

$22,191

Lot Details

0

Listing Details

  • Municipality: Madison
  • Status Detail: Active
  • Mailing City: Madison
  • Class: Lots & Acreage
  • Type: Lots & Acreage
  • Type Of Property: City, 5+ Unit Lot
  • Items Excluded: tenants personal property
  • Legal Description: ORIGINAL PLAT, BLK 115, NE 67 FT OF LOT
  • Special Features: None
  • Property Sub Type: LotsLands

Exterior Features

  • Waterfront: Waterview-No frontage
  • Road: Paved

Utilities

  • Utilities Avail To Lot: Natural gas, Electricity, Telephone, Cable
  • Waste Disposal: Municipal sewer available
  • Water System: Municipal water available

Schools

  • Elementary School: Lapham/Marquette
  • High School: East
  • Middle School: OKeeffe
  • School District: Madison

Lot Info

  • Lot Description: Corner
  • Zoning: multiple
  • Number Of Lots: 9
  • Present Zoning: Multi-family, Commericial/Industrial, Historic district
  • Total Acres: 1.53
  • Geo Subdivision: WI

Tax Info

  • Net Taxes: 22191
  • Tax Year: 2024
  • Assessor Parcel Number: 0709-133-1723-0

Map

Range of Values:

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Value Increase
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Adjusted for Inflation
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
09/29/2025 09/29/25 For Sale $10,500,000 -- --
Source: South Central Wisconsin Multiple Listing Service

Source: South Central Wisconsin Multiple Listing Service

MLS Number: 2009723

South Central Wisconsin Multiple Listing Service