Property summary
The property is a loft-style warehouse building totaling approximately 45,000 square feet, originally constructed in 1906–1907. It is located in the Deer District and has a history of industrial and commercial use, including service as a bottling house for the Jung Brewing Company, later as a facility for the Olsen Publishing Company (dairy industry periodicals and publications) from 1925 to 1967, and subsequently as the home of Hein Electric Supply Company. The building is configured for potential reuse either in its current form or for a historic mixed-use redevelopment, with prospective uses including office, retail/showroom, medical, or residential. The property is designed to support occupancy of individual areas, including an approximately 15,000-square-foot available space.
Property profile
VerifiedCap rate & NOI
Location
Value estimations
Owner & transaction history
Zoning & alternative use
(IO1 & IO2, IL1 & IL2, IC, IM, IH) 295-801 Purpose 295-803 Uses 295-805 Industrial Design Standards SUBCHAPTER 9 SPECIAL DISTRICTS (PK, TL, PD/DPD, RED) 295-901 Special District Purposes 295-903 Parks District 295-905 In…
Comparables
6 recent transactions · within 1.5 miComparable in this City
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Value estimation
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Cap rate
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Price sensitivity
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Property tax & assessments
Tax year 2022Property description
Physical attributes from public recordsZoning & alternative use
IL2 · Milwaukee, WI(IO1 & IO2, IL1 & IL2, IC, IM, IH) 295-801 Purpose 295-803 Uses 295-805 Industrial Design Standards SUBCHAPTER 9 SPECIAL DISTRICTS (PK, TL, PD/DPD, RED) 295-901 Special District Purposes 295-903 Parks District 295-905 In…
Zoning
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Zoning designation
Official district profile
(IO1 & IO2, IL1 & IL2, IC, IM, IH) 295-801 Purpose 295-803 Uses 295-805 Industrial Design Standards SUBCHAPTER 9 SPECIAL DISTRICTS (PK, TL, PD/DPD, RED) 295-901 Special District Purposes 295-903 Parks District 295-905 In…
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