3209 W Wells St Milwaukee, WI $ 1,750,000
3209 W Wells St
$ 1,750,000
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3209 W Wells St

Milwaukee, WI, 53208
$ 1,750,000
Bedrooms-- Baths-- Sq 9,300

Monthly Estimate*

$ 12,087

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Commercial Property for sale in Milwaukee, WI

for $1,750,000. This 9,300 square foot building was built in 1891 on a lot size of 0.36.

Stunning. Iconic. Landmark. Milwaukee's legendary Schuster Mansion--the famed Wells Street ''Red Castle'' built in 1891 for tobacco magnate George Schuster--offers 9,300 SF of extraordinary German Renaissance Revival architecture on 3 grand levels. Rich hardwoods, intricate millwork, soaring ceilings, pocket doors, formal parlors, conservatory, library, chef's kitchen, luxurious ensuites, coach house, & formal gardens create an unmatched venue. Currently a highly profitable Bed & Breakfast, this nationally recognized estate presents endless commercial possibilities: private social club, luxury wedding venue, gallery, photography or film studio, executive office suites, boutique hospitality concept, & more. Rare Milwaukee icon in the league of the Pabst Mansion. See docs! P&Ls available.

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Commercial Active

Price

$ 1,750,000

Property Type

Commercial

Taxes

$ 15,238

Style

Hotel/Motel

Lot Size

0.36

Year Built

1891

Town/City

Milwaukee

County/Region

Milwaukee

MLS | Web ID

1961795

Features
General
Road Frontage High Visibility Near Public Transit Paved Road Town/City Road
Parking 9.00
Zoning RT3 per city
Year Built 1891
County Milwaukee
Miscellaneous Fenced Yard Fixtures Furniture Inside Storage Inventory Included Living Space Avail. Other Rest Rooms Security Lighting
Property Type G
Location Business District Corner Free Standing Near Public Transit Other
Municipality City
Tax Year 2025
Directions Wells St. to N. 32nd St. Home is on the SW corner of Wells & N. 32nd Streets.
City Milwaukee
Taxes 15238.90
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Interior
Basement Block Full Walk Out/Outer Door
Heating/Cooling Natural Gas Other
Stories 3
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Exterior
Exterior Brick Stone Wood
Roofing Composition Rubber Wood
Flood Plan No
Lot Size 104' X 150'
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* Excluded Features
List By
Berkshire Hathaway Homeservices Sophia Barry Realty Group

Broker

sophia@sophiabarryrealtygroup.com

Email

Affordability Calculator

$13,357
Per Month
90%
10%
0%
Monthly Principal & Interest
$12,087
Monthly Property Taxes
$1,270
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 7.375% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
1159182 Elementary School
1159119 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
9/29/2026$1,750,000 -7.89% Price Down
5/9/2026$1,899,900 Listed Price

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3209 W Wells St, Milwaukee, WI, 53208 is a Commercial Property for sale at $1,750,000 with 9,300 sqft and a lot size of 0.36. 3209 W Wells St was built in 1891. The property's zip code is 53208 which is in Milwaukee, WI