Former Porterhouse Restaurant to be sold at auction

The former Porterhouse Restaurant building, located at 800 W. Layton Ave. in Milwaukee near Mitchell International Airport, will be sold at auction by Micoley.com.

The auction will be held on Saturday, Aug. 29.

The Porterhouse closed in late 2008.

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The 16,804-square-foot building, constructed in 1974, sits on a 1.95-acre site. The restaurant has two main bars, two dining halls, two walk-in freezers, three walk-in coolers, a lower banquet center and 197 parking spaces. There is also a three-bedroom, two-bathroom apartment on the building’s second level.

The property is listed at $1,495,000 with an opening bid of $895,000. The property has an assessed value of $722,000, according to city records.

Click here for more information on the auction.

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