Last summer, we told you about a gorgeous structure, coined the M.G. Schweiker building, at Jefferson and Bailey Sts. in Brewerytown. At the time, the handsome edifice was on the market for $80K, which we deemed too high a price considering its location and poor condition. We hoped that the sellers would drop the price, allowing an enterprising developer to undertake preserving the building and restoring it to its former glory.
Last month, we got the heads up that Brewerytown development dynamos MM Partners had the building under agreement. And wouldn’t you know it, they were able to get the building at a price that made the building’s redevelopment possible. Isn’t it nice when sellers get the memo that their properties are listed for almost twice what they’re worth and come down to a reasonable price?
Over the past month or so, MM Partners has gotten started on interior demolition work, attempting to cope with damage from a fire that occurred a decade ago. It seems that they’ve sealed the building appropriately, as well.
According to their Facebook page, they’ve had some interesting finds inside the building, including an old pickup truck, a vintage soda machine, and a room that’s covered in tin paneling. Oh, and several rooms full of garbage and debris, as you might expect.
What you would expect the inside of the building looks like. From the MM Partners FB page.
MM Partners sees this building as the “cornerstone” of the Bailey Street Arts Corridor. The plan for this location is a live/work space that preserves many of the unique details that make this building such a pleasure to look at. From what we understand, the garage to the north is also included in this plan, meaning about 9,000 sqft of new development.
Just outstanding news for Brewerytown. Way to go, MM Partners!