Home Industries Real Estate 114-year-old Water Street building sold for $2.5 million

114-year-old Water Street building sold for $2.5 million

By
Hunter Turpin
-
1119-1125 N. Water St.

A 114-year-old office building in the Water Street entertainment area has been sold for $2.5 million to a local real estate investor. The four-story building, located at 1119-1125 N. Water St., was purchased by an affiliate of Milwaukee-based Midwest Best Property Management, according to state real estate records. The building has first-floor retail space with

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Hunter Turpin
Hunter covers commercial and residential real estate for BizTimes. He previously wrote for the Waukesha Freeman and Milwaukee Journal Sentinel. A graduate of UW-Milwaukee, with a degree in journalism and urban studies, he was news editor of the UWM Post. He has received awards from the Milwaukee Press Club and Wisconsin Newspaper Association. Hunter likes cooking, gardening and 2000s girly pop.
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A 114-year-old office building in the Water Street entertainment area has been sold for $2.5 million to a local real estate investor. The four-story building, located at 1119-1125 N. Water St., was purchased by an affiliate of Milwaukee-based Midwest Best Property Management, according to state real estate records. The building has first-floor retail space with three floors of office space above it. The building's office space is fully leased, according to LoopNet. It's retail space was previously occupied by a Buffalo Wild Wings restaurant, which has closed. City permits show that plans have been filed to open an establishment in the space called Egnigma Sports Bar. Plans include sit-down seating, food and alcoholic beverages. The building was purchased from an affiliate of California-based investment firm Harris Bay, which purchased the building in 2018 for $2.5 million. Midwest Best Property Management did not respond to request for comment.

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