The site benefits from convenient access to the University of Wisconsin-Milwaukee, the Central Business District, dining and entertainment corridors such as North Avenue, Brady Street, Water Street and Farwell Avenue. The existing structure is a former schoolhouse built by the Saints Peter and Paul Parrish. The building is composed of highly sought-after Cream City Brick. The schoolhouse contains a functioning basement, two built out floors and an unfinished third floor. Large, open floor plans and limited walls create an ideal redevelopment opportunity. The adjacent convent, which can be included in the purchase, could provide an opportunity to build a new addition to the existing schoolhouse building, with the possibility of adding underground parking due to the grade-change along Murray Avenue.