MILWAUKEE, July 15, 2024 – The Barry Company, a Milwaukee-based commercial real estate brokerage firm, has listed for sale an iconic, approximately 16,500 square foot (first floor area as floors could be added), 40-foot-high clear span building located along the Menomonee River in the Menomonee Valley, with tremendous visibility from I-94. The property could potentially have up to three floors of space. The building has approximately 750 feet of frontage on the Menomonee River, which could be used for development of a riverwalk and related outdoor space. The property is in an Opportunity Zone and there may be potential for New Market Tax Credits and Historic Tax Credits among other incentives offed by the Menomonee Valley Partners.
The building’s architectural elements certainly have a rich history. Originally constructed in 1904, the Purifier House building is on the campus of the Milwaukee Gas Light Company’s former West Side Plant. This unique structure was the product of renowned architect Alexander Eschweiler, who designed it in the Richardsonian Romanesque style.
“This is one of the most unique and interesting buildings to come to the market in Milwaukee in recent years. It is full of creative potential,” said David Barry, CCIM, SIOR, who is marketing the property for The Barry Company. “It would be a tremendous venue for restaurant, entertainment, cultural, office, and, really, many other uses”.
Zimmerman Architectural Studios renovated a neighboring building for their corporate headquarters, paying homage to the campus’s roots and showcasing striking views of the original trusswork. Zimmerman’s CEO, Steve Raasch, notes that their beautiful office space contributes to the great work environment and culture of their award-winning design firm. “Our neighboring building has the same incredible potential,” he says.
For more information about this listing or to explore commercial real estate opportunities in southeast Wisconsin, please contact The Barry Company at 414-271-1870.
About The Barry Company
The Barry Company, an over 100-year-old independently owned and operated commercial real estate company provides award-winning services throughout southeast Wisconsin and beyond. The Barry Company has won over 20 awards from the Commercial Association of Realtors-Wisconsin, including two Realtor® of the Year awards. The company has also received multiple Best Deal/Lease of the Year awards from The Business Journal and has been awarded the Broker of the Year honor by Riverworks Development Corporation.
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