$1,899,900

0 Beds 0 Baths 9,300 Sqft

3209 W Wells Street, Milwaukee, WI 53208

Property Type: Commercial
Building Type: Free Standing
Time on Market: 24 days
Price per Sqft: $204
Lot Size: 104' X 150'
Total Taxes: $15,239
Est. Age: 21+ Years

Description

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.

Property Details

Interior

Basement:
  • Block, Full, Walk Out/Outer Door
Heating/Cooling:
  • Other
Heat Fuel:
  • Natural Gas
Sqft:
  • Total Sqft: 9,300
  • Lot Sqft Source: Assessor/Public Record
  • Estimated Sqft Range: 3501 or more,5001 or more,2501 or more

Exterior

Acreage:
  • Range: 0.0 to .499
  • Source: Assessor/Public Record
Exterior:
  • Brick, Brick/Stone, Stone, Wood
Lot:
  • Size: 104' X 150'
Parking:
  • Spaces: 9.0
Roofing:
  • Composition/Fiberglass,Rubber/Membrane,Wood/Shake
Water:
  • Waterfront: N
Water/Waste:
  • Municipal Sewer, Municipal Water

Misc.

Commercial:
  • Ceiling Height: 11 - 15 feet,16 - 20 feet
  • Features: Expenses Include: Advertising, Expenses Include: Property Insurance, Expenses Include: Licenses, Expenses Include: Miscellaneous, Expenses Include: Services (All), Expenses Include: Supplies, Expenses Include: Utilities, Fenced Yard, Inside Storage, Living Space, Restroom(s), Security Lighting
New Construction:
  • N
Postal:
  • Code: 53208
  • Zip+4: 3325
Real Estate Included:
  • Y
Street:
  • Direction Prefix: W
  • Name: Wells STREET
  • Suffix: STREET
Tax Year:
  • 2025
Zoning:
  • RT3 per city

Map

Listing Agent-Provided Directions:
  • Wells St. to N. 32nd St. Home is on the SW corner of Wells & N. 32nd Streets.

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Schools and Neighborhood

Postal City:
  • Milwaukee
Municipality:
  • Name: MILWAUKEE
  • Type: City
County:
  • MILWAUKEE

Market Comparison

How this property compares to local market averages — calculated 6/2/2026

This Property
Milwaukee Commercial Property Avg
Milwaukee County Commercial Property Avg
List Price
$1,899,900
$450,603
$530,586
Median Price
—
$350,000
$400,000
Price / Sq Ft
$204
$436
$358
Days on Market
24 days
139 days
145 days
Total Listings
—
108
152

Listing Information

  • Time on Market: 24 days
  • Place Perfect Last Updated: 2026-05-28 21:58:30
  • MLS Number: 1961795
  • Subsystem Locale: WIREX_METRO
  • Listing Office: Berkshire Hathaway HomeServices Sophia Barry Realty Group
  • Listing Agent: Sophia Barry

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