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$10,500,000
Est. payment /mo
1.53 Acres Lot
UPDATED:
Key Details
Property Type Vacant Land
Listing Status Active
Purchase Type For Sale
MLS Listing ID 2009723
Annual Tax Amount $22,191
Tax Year 2024
Lot Size 1.530 Acres
Acres 1.53
Property Description
Prime1.534 Acre Redevelopmentopportunity in downtown Madison, WI! It is currently the Come Back In, Essen Haus Restaurant and Ruby Marie Hotel located at508-518 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 this1.534-acre gemknows 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.
Location
State WI
County Dane
Zoning multiple
Exterior
Utilities Available Natural Gas, Electricity, Telephone, Cable
Building
Lot Description 5+ Unit Lot
Sewer Municipal Water, Municipal Sewer
New Construction N
Schools
Elementary Schools Lapham/Marquette
Middle Schools Okeeffe
High Schools East
School District Madison
Others
Acceptable Financing Buyer to assume Special Assessment, Sell in Entirety
Listing Terms Buyer to assume Special Assessment, Sell in Entirety
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Listed by Madison Property Management, Inc.