3209 W Wells St, Milwaukee, WI 53208 - Photo 1

Save This Listing

1/28

View All Photos

$1,899,900 Just Listed

For Sale
Active
Retail
9,300 Sq. Ft.
Updated 1 day ago

See This Home

Save This Listing

1/28

Property 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.

Full Property Details

Full Property Details for 3209 W Wells St

General

Price: $1,899,900
Taxes: $15,238 (2025)
Status: Active
Type: Retail
Source: MetroMLS_Milwaukee_Wirex
MLS ID: 1961795
Updated: 5/9/2026
Added to Site: 3 day(s) ago

Additional Information

Other Features: Fenced Yard, Fixtures, Furniture, Inside Storage, Inventory Included, Living Space Available, Other, Restrooms, Security Lighting

Parking

Total Spaces: 9

Location

Municipality: City
County: Milwaukee
Driving Directions: Wells St. to N. 32nd St. Home is on the SW corner of Wells & N. 32nd Streets.
Dist. to Freeway: 1 to 3 Miles
Location Details: Business District, Corner, Freestanding, Near Public Transit, Other

Heating & Cooling

Heating/Cooling: Natural Gas, Other

Utilities

Water/Sewer: Municipal Sewer, Municipal Water

Structural Information

Structure Type: Office(s), Other, Professional Service, Recreation, Retail, Special Purpose
Exterior Const.: Brick, Stone, Wood
Basement Desc.: Block, Full, Walk-Out/Outer Door
Roof: Composition, Rubber, Wood
Ceiling Height: 11 to 15 Feet, 16 to 20 Feet
Drive-In Clearance: No Truck Door
Stories Description: 3
Square Feet: 9,300
Year Built: 1891

Lot Features

Lot Size (Acres): 0.36
Lot Size: 104' X 150'
Frontage: High Visibility, Near Public Transit, Paved Road, Town/City Road
Zoning: RT3 per city

Financial Considerations

For Sale/Rent/Lease: For Sale Only
Tax Amount: $15,238.9
Tax Year: 2025

Listed by Berkshire Hathaway HomeServices Sophia Barry Realty Group

Quickly Find Out More

* Indicates a required field

Comment optional

Full Name *

Email Address *

Mobile Phone Number *

See this property in person

Yes, I would like more information. Please use and/or share my information with a Coldwell Banker ® affiliated agent to contact me about my real estate needs. By clicking Send Message, I request to be contacted by phone or text message and consent to being contacted by automated means. I understand that my consent to receive calls or texts is not a condition of purchasing any property, goods, or services. Alternatively, I understand that I can access real estate services by email or I can contact the agent myself.

If an Coldwell Banker affiliated agent is not available in the area where I need assistance, I agree to be contacted by a real estate agent affiliated with another brand owned or licensed by Anywhere Real Estate (BHGRE®, CENTURY 21®, Corcoran®, ERA®, or Sotheby’s International Realty®). I acknowledge that I have read and agree to the Terms of Use and Privacy Notice.

We Value Your Privacy

Listing agent

— 3209 W Wells St —

Berkshire Hathaway HomeServices Sophia Barry Realty Group

Get Pre-Approved Today

Be ready to buy your new home!

with our affiliated lender

NMLS#: 1598647

Get Pre-Approved

Get a Great Insurance Rate

Find the right home insurance for your new home!

with our affiliated in-house agency

Request a Quote

Save up to an additional 20% by bundling your home and auto together!

Schools

Schools serving 3209 W Wells St

School District:Milwaukee School District

Name	Grades	Distance
Story Elementary 3815 West Kilbourn Avenue, Milwaukee, WI 53208	PK-8	0.4 mi
Milwaukee Academy of Chinese Language 2430 West Wisconsin Avenue, Milwaukee, WI 53233	PK-8	0.5 mi
Starms Discovery Learning Center 2035 North 25th Street, Milwaukee, WI 53205	1-8	1.3 mi
Roosevelt Middle School of the Arts 800 West Walnut Street, Milwaukee, WI 53205	6-8	1.9 mi
Lincoln Center of the Arts 820 East Knapp Street, Milwaukee, WI 53202	6-8	2.7 mi
Rufus King International Middle School 121 East Hadley Street, Milwaukee, WI 53212	6-8	3 mi
Milwaukee High School of the Arts 2300 West Highland Avenue, Milwaukee, WI 53233	9-12	0.7 mi
Washington High School of Information Technology 2525 North Sherman Boulevard, Milwaukee, WI 53210	9-12	1.9 mi
Bradley Technology & Trade High School 700 South 4th Street, Milwaukee, WI 53204	9-12	2.3 mi

Disclaimer: School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.

Price & Sales History for 3209 W Wells St Get Price Alerts and Save Property

Date

Details

Price

Change

Source

5/09/2026

Listed

$1,899,900

341.84%

MLS

3/06/2008

Sold

$430,000

—

Public Record

Get Price Alerts and Save Property

Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

Tax History

Tax History for 3209 W Wells St

Year

Property Taxes

Change

Tax Assessment

Change

2024

$10,236

17%

$450,300

21%

2023

$8,724

-2%

$372,200

—

2022

$8,862

143%

$372,200

163%

2021

$3,648

-30%

$141,500

-42%

2019

$5,213

-16%

$243,700

—

2018

$6,239

-5%

$243,700

—

2017

$6,580

-5%

$243,700

—

2016

$6,902

-4%

$243,100

—

2014

$7,206

-2%

$243,100

—

2013

$7,363

$243,100

-25%

2012

$7,201

—

$324,000

—

View All

Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

Estimate the Cost

Estimate the Cost for 3209 W Wells St

3209 W Wells St, Milwaukee, WI 53208 (MLS# 1961795) is a Retail property. 3209 W Wells St is currently listed for $1,899,900 and was received on May 09, 2026. Want to learn more about 3209 W Wells St? Do you have questions about finding other Retail real estate for sale in Milwaukee? You can browse all Milwaukee real estate or contact a Coldwell Banker agent to request more information.

Tour this property

3209 W Wells St Milwaukee, WI 53208