Rotter Investment Realty LLP, the owner of the historic National Ace Hardware property located at 1303 N. 4th St. in Milwaukee, has hired Cassidy Turley Barry as the listing agent for the sale and potential redevelopment of the building.
The property consists of 65,700 square feet on 1.29 acres, situated at the northwest corner of North 4th Street and West McKinley Avenue. The building features cream city brick construction with timber columns and beams and hardwood floors.
Bill and Dave Rotter, owners of National Ace Hardware, purchased the building in 1986 and have been operating from the building ever since. National Ace Hardware has been in business since 1950 and will continue operating at the location.
Kurt Van Dyke, senior vice president of Cassidy Turley Barry, will be marketing the property.
“It is a beautiful building with a lot of potential to be converted into a variety of different uses, including multi-family, office, retail or mixed-use,” said Van Dyke. “The site’s ideal location and proximity to other recent developments, along with the historic nature of the property, should make it very appealing to users and developers alike. It also has substantial parking, which is a key benefit in this area.”
© 2016 Real Estate Communications Group. Duplication or reproduction of this article not permitted without authorization from the Real Estate Publishing Group. For information on reprint or electronic pdf of this article contact Mark Menzies at 312-644-4610 or email@example.com