Mason St Ventures acquired the property from Sentinel Suites LLC, an Illinois-based investment group led by
Doug Young. The Illinois firm paid Milwaukee investor
Max Dermond $1.53 million in 2018 for the property. It was billed as 50% vacant at the time.
Now it’s 70% vacant.
Alex Zank, would turn the building into apartments.
“It’s a really cool building, a lot of history behind it, and it’s in a prime location right downtown,” Gollatz told Zank. “You don’t see many buildings like that come up for sale at a semi-affordable price point.” The property is assessed for $1.58 million.
The conversion could result in 30 apartments in the 30,848-square-foot building. Gollatz said his group is now talking with architects and contractors.
Hauser: Are you pursuing God s purpose?
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Milwaukeean says there needs to be a better job of snow cleanup
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Milwaukee takes center stage as Joe Biden pitches $1.9 trillion COVID relief, seeks to reassure Americans Bill Glauber, Mary Spicuzza and Alison Dirr, Milwaukee Journal Sentinel
President Joe Biden took center stage at Milwaukee’s Pabst Theater Tuesday night to make the case for his $1.9 trillion coronavirus relief package and spur Americans to remain vigilant against the pandemic.
In his first major political trip outside Washington, D.C., as president, Biden vowed that he was committed to passing the relief legislation, claiming it would create “7 million jobs this year” and that “the economy now has to be dealt with.” © Getty Images
Milwaukee takes center stage as Joe Biden pitches $1.9 trillion COVID relief, seeks to reassure Americans Bill Glauber, Mary Spicuzza and Alison Dirr, Milwaukee Journal Sentinel
President Joe Biden took center stage at Milwaukee’s Pabst Theater Tuesday night to make the case for his $1.9 trillion coronavirus relief package and spur Americans to remain vigilant against the pandemic.
In his first major political trip outside Washington, D.C., as president, Biden vowed that he was committed to passing the relief legislation, claiming it would create “7 million jobs this year” and that “the economy now has to be dealt with.” © Getty Images