Home Industries Mimma’s Cafe building on Brady Street sold

Mimma’s Cafe building on Brady Street sold

The 126-year-old Brady Street building that has housed Mimma’s Café since 1989 has been sold for $1.3 million to the owner of another Brady Street institution, Jo-Cat’s Pub.

Mimma's Cafe
Mimma’s Cafe

Jeno Cataldo, purchased the property at 1301-1307 E. Brady St. from R&R Prospect Holdings, LLC, which is registered to Rick Boyd, president of HB Wealth Management, LLC, according to state records.

The two-story, 10,297-square-foot Mimma’s Café building was built in 1890. The property is assessed by the city of Milwaukee at $1.18 million.

The restaurant is owned by chef Mimma Megna.

Cataldo and business partner Michael Klein, president of Klein Development, also own a property one block south of Brady Street at 1632-1648 N. Franklin Place and are planning to build a 10-story residential tower at the site.

Cataldo could not immediately be reached for comment.

The Mimma’s building was auctioned off in a sheriff’s foreclosure sale in 2014. At the time, an affiliate of Milwaukee-based Phoenix Investors submitted the high bid of $850,000 for the building.

The 126-year-old Brady Street building that has housed Mimma's Café since 1989 has been sold for $1.3 million to the owner of another Brady Street institution, Jo-Cat’s Pub. [caption id="attachment_149947" align="alignright" width="364"] Mimma's Cafe[/caption] Jeno Cataldo, purchased the property at 1301-1307 E. Brady St. from R&R Prospect Holdings, LLC, which is registered to Rick Boyd, president of HB Wealth Management, LLC, according to state records. The two-story, 10,297-square-foot Mimma's Café building was built in 1890. The property is assessed by the city of Milwaukee at $1.18 million. The restaurant is owned by chef Mimma Megna. Cataldo and business partner Michael Klein, president of Klein Development, also own a property one block south of Brady Street at 1632-1648 N. Franklin Place and are planning to build a 10-story residential tower at the site. Cataldo could not immediately be reached for comment. The Mimma's building was auctioned off in a sheriff’s foreclosure sale in 2014. At the time, an affiliate of Milwaukee-based Phoenix Investors submitted the high bid of $850,000 for the building.

Holiday flash sale!

Limited time offer. New subscribers only.

Subscribe to BizTimes Milwaukee and save 40%

Holiday flash sale! Subscribe to BizTimes and save 40%!

Limited time offer. New subscribers only.

Exit mobile version