Building Info

Wells Building. Photo by Mariiana Tzotcheva.
  • Address:
    324 E. Wisconsin Ave.
  • Taxkey:
  • Status:
  • Assessment:
    $3,516,000 (2014)
  • Year Built:
  • Size:
    117,166 square-feet

The Wells Building is a 15-story office building in Downtown Milwaukee. It’s highly recognizable not only because of its prominent location on the intersection of N. Milwaukee St. and E. Wisconsin Ave., but because the top of the building is significantly different than the bottom because of a removed cornice and significantly altered facade.

The building is classified by the city assessor as a Class B office building.

The first-floor of the building is occupied by a Cousins Subs shop as well as . The Milwaukee Athletic Club was located in the building from 1902 until they moved to their current home in 1917.

The building serves as a large connection point for internet service in the Milwaukee area and is featured prominently in the book Tubes: A Journey to the Center of the Internet.

The building was built by Daniel Wells, for whom Wells St. is also named. The building was sold by Wells’ estate to Towne Realty (today Zilber Ltd) in 1970, long after Wells’ himself had passed. In 2011, Zilber sold the building to Ascendant Holdings LLC, led by Eric Nordeen and Matthew Prescott, for $2.9 million. At the time of the transaction the building was approximately 40% occupied.

As of late 2013, Ascendant has invested $3.5 million in the property, including on a new heating and air conditioning system.

Photos

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Activity

IDDateTypeDescription
PBFS-18-005052018/05/01Permit
Plumbing-Fire Protection Permit.
COM-ALT-18-002822018/04/10Permit
Commercial Alteration Permit.
ELEC_LV-18-000642018/04/05Permit
Low Voltage Permit.
ASBP-18-000682018/04/05Permit
Asbestos Project.
COM-RPR-18-000332018/04/01Permit
Commercial Repair Permit.
PWEN-18-000412018/03/22Permit
ROW Excavation Non-Utility.
PWEU-18-006222018/03/22Permit
ROW Excavation Utility.
PWEU-18-008552018/02/27Permit
ROW Excavation Utility.
TANK-16-000172016/11/03Permit
Tank Permit.
IDDateDescriptionType

Content referencing Wells Building

Founders 3 Real Estate Services Recent Transactions
Press Release

Founders 3 Real Estate Services Recent Transactions

Flowers in Walker's Point, Piper Jaffray & Co. to the Wells Building, a bakery for The Brix

City Streets: Elliott Circle Is A Unique Oddity
City Streets

Elliott Circle Is A Unique Oddity

City’s only full-circle street near 58th and North has pie-shaped lots, oddly numbered addresses.

Eyes on Milwaukee: The Masonic Hotel Moves Forward
Eyes on Milwaukee

The Masonic Hotel Moves Forward

14-story tower would be built atop historic three-story building. Will it be opposed?

Sosh Completes Reorganization to Support Scalability & Hires New Company President
Press Release

Sosh Completes Reorganization to Support Scalability & Hires New Company President

Paves the way for growth across state lines

Eyes on Milwaukee: A New Tower for Prospect Ave
Eyes on Milwaukee

A New Tower for Prospect Ave

Will the council allow a 27 floor apartment tower on Prospect Ave?

Eyes on Milwaukee: Masonic Lodge Could Become Hotel
Eyes on Milwaukee

Masonic Lodge Could Become Hotel

Plan would build addition atop historic building, but will preservation advocates block it?

Yesterday’s Milwaukee: Wells Building, 1915
Yesterday’s Milwaukee

Wells Building, 1915

Built in 1902 by Daniel Wells, building still stands, but stripped of roofline ornamentation.

City Streets: Wells Street Has Quite a History
City Streets

Wells Street Has Quite a History

That includes the impact of plutocrat Daniel Wells, Greta Garbo and an Irish/German riot.

Piper Jaffray Leases Space in the Wells Building
Press Release

Piper Jaffray Leases Space in the Wells Building

RFP Commercial Recent Lease Transactions

Vantage Point: From The Railway Exchange Building
Vantage Point

From The Railway Exchange Building

Built in 1901, the classic, 12-story building is well-situated for great views of Downtown and the old and new city.

Best of Doors Open: Inside the Wells Building
Best of Doors Open

Inside the Wells Building

Step inside the 15-story high-rise, which was the largest terra cotta building in the world when built in 1901.