Tuesday, February 23rd, 2021 February23rd2021

Sold Alert: Downtown Milwaukee Office Building Sells for $2.1M

Published on February 23rd, 2021

Sold Alerts provide commercial property owners with valuable, hard-to-get comparable sale information.

 

 

  • 225 East Mason Street is best known as the “Sentinel Building”
  • Built in 1892, the 30,848 SF office building is 10 stories tall plus a lower level
  • The building was 59% occupied at time of sale
  • The Chicago-based buyer is considering a full or partial conversion to housing
  • The building has no parking but is attached to a 427-space parking structure
  • Convenient rectangular 3,100 SF floor plates with two elevators
  • 3,920 SF lot
  • The property last traded in 2018 for $1,525,000
  • The property just sold for $2,100,000…the equivalent of $68/SF

 

 


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About Beau Beach, MBA CCIM

Beau is a tenacious Commercial Real Estate Broker, entrepreneur and adoring father of four. His clients appreciate his no-nonsense demeanor and his legendary work ethic.

Beau leads Beachwood which is a nationwide commercial real estate brokerage for sellers…with emphasis in Nashville, Milwaukee and the states of the Southeast.

He’s earned the revered “CCIM” designation which is awarded to the top 6% of all commercial real estate brokers.

He’s the author of the books The 3 Reasons: Why Most Commercial Properties Don’t Sell and True Wealth: What Every Seller Should Know About 1031 Exchanges.

Beau can be reached at 800-721-3287, click to schedule a call or Beau@soldbybeachwood.com