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160 S 2nd St
Milwaukee, WI 53204

The Walsh Building · Industrial Property For Sale

PROPERTY FACTS

Property Type Industrial
Property Subtype Warehouse
Building Class C
Lot Size 0.53 AC
Rentable Building Area 120,000 SF
No. Stories 6
Year Built 1899
Clear Ceiling Height 15 FT
No. Dock-High Doors/Loading 3

About 160 S 2nd St , Milwaukee, WI 53204

The Walsh Building is located in the south part of downtown Milwaukee east of the Harley Davidson Museum. Francis A. Walsh built this historic cream city brick building with wood floors and timber columns in 1899. The building was soon after owned by John Deere for tractors and parts sales. This is the 2nd largest historic building in the district. Historic tax credits are available but a historic renovation is not required. The six floors total 120,000 square feet, one of which is partially below grade. The warehouse is approximately 143 feet by 140 feet with one brick firewall in the middle with multiple arched openings in the wall that connect each side. The floor to ceiling heights are: 1st Floor - 11 feet 1 inch, 2nd - 14 feet, 3rd - 11 feet 9 inches, 4th - 11 feet 9 inches, 5th - 11 feet 7 inches, 6th - 14 feet 4 inches around by the outer wall sloping down to 11 feet 1 inch at the center drain. The building has a fire sprinkler system and 2 large 6,000-pound freight elevators. Real estate taxes due in 2018 are $37,400. THE NEIGHBORHOOD: This building is ready for redevelopment as it is located in a former commercial area. This neighborhood is being redeveloped into an exciting place to live and work. The Walsh Building neighbors new high priced condominiums ( some $1,000,000+ ), new apartments, new fine restaurants and new businesses. It is an easy walk to the new Amtrak train station, the 75 acre Summerfest festival park along Lake Michigan, Grand Avenue Mall, major banks, Milwaukee Public Market, the Historic Third Ward area and other downtown entertainment. The freeway is easily accessed with entry and exit ramps a few blocks away. ZONING: The current zoning allows for either commercial and/or residential uses. From the city website: INDUSTRIAL-MIXED (IM). This district is intended to provide for the orderly conversion of certain older industrial and warehousing areas with multi-story buildings to residential, commercial or office uses for which the buildings. Buildings were typically built without setbacks or yards and often with little or no off-street parking. No warranty is given for the information herein and some may be incorrect. All information contained herein is subject to change without notice. The property owner may, at its sole discretion, modify the terms herein or reject any proposal for any reason. The property owner shall not have any liability to any party whatsoever as a result of any incorrect information or the rejection of any proposal or the acceptance of another proposal or other transaction or no action.

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
428-0214-100-3
Land Assessment
$692,600
Improvements Assessment
$688,600
Total Assessment
$1,381,200

zoning

Zoning Code IM
IM
  • Listing ID: 13181072

  • Date on Market: 7/16/2018

  • Last Updated:

  • Address: 160 S 2nd St, Milwaukee, WI 53204

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