Historic Masonic Center Redevelopment
For Sale
Contact for pricing
790 N Van Buren St, Milwaukee, WI 53202
Rare adaptive-reuse development opportunity in Downtown Milwaukee.
Property Size63,400 SF
Price / SF$94.64
Days on Market208
Property Features for 790 N Van Buren St
General Information
Standard status
Active
Size
63,400 SF
Property subtype
Hospitality, Mixed Use, Multifamily, Special Purpose
Zoning
C9F(A)
Building Details
Year Built
1889
Listing Agency:
Colliers - Milwaukee, Wisconsin
Listed By:
Ted Stratman · License #113471-94
Source:
Crexi
Added: Jan 27
Changed: Aug 8
Last Checked: Aug 8 at 3:26PM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Colliers - Milwaukee, Wisconsin
Investment Insights
Based on property information with market context.
Located at 790 North Van Buren Street in Downtown Milwaukee, the historic Scottish Rite Masonic Center presents a rare adaptive-reuse development opportunity. Situated on the southeast corner of Wells Street and Van Buren Street, the property is near Northwestern Mutual’s corporate campus, within one of Milwaukee’s affluent, fast-growing, and high-renter zip codes. The offering presents a chance to deliver large, high-demand residential units in a downtown submarket experiencing population growth, rising incomes, high renter concentration, and limited availability of spacious multifamily layouts. The existing redevelopment plan calls for 22 oversized units, primarily two-, three-, and four-bedroom configurations, ranging from approximately 1,500 to 2,500 square feet. Several units are envisioned as duplexes, one as a triplex, and select residences include private rooftop terraces. Partially completed work includes framed residential levels and a newly poured 22-stall underground parking garage. The integrity of the exterior shell offers developers an opportunity to restore, reinterpret, and transform one of Milwaukee’s distinctive historic buildings. The planned operation envisions 22 high-end multifamily residences with direct access and underground parking. The property size is 63,400 square feet.
Key Highlights
- Rare adaptive‑reuse development opportunity in a historic landmark building.
- Prime downtown Milwaukee location near Northwestern Mutual's campus in a high‑growth, affluent area.
- Redevelopment plan for 22 oversized, high‑demand residential units (2‑4 bedrooms, 1,500‑2,500 sq ft).
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
6,787
Businesses Nearby
Explore this area
Business Placement
Demographics for 53202, WI
27,897
Population
18,629
Households
1.5
Avg Household Size
31
Median Age
66%
College-Educated
98%
High-School Grad
2.1 sq mi
ZIP Area
13,284
Density / Sq Mi
$68,482
Median Household Income
$52,339
Median Earnings
$1,234
Median Rent
$298,000
Median Home Value
Market
Vacancy Rate% for Multifamily in Midwest region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Mixed-use property - Rare adaptive-reuse development opportunity in Downtown Milwaukee.
Where is this mixed-use property located?
The property is located at 790 N Van Buren St Milwaukee, WI.
What is the asking price?
The asking price for this property is $6,000,000.
What are key features of this property?
This property features: Rare adaptive‑reuse development opportunity in a historic landmark building.; Prime downtown Milwaukee location near Northwestern Mutual's campus in a high‑growth, affluent area.; Redevelopment plan for **22 oversized, high‑demand residential units (2‑4 bedrooms, 1,500‑2,500 sq ft)**.
