December 5, 2021 – West Bend, Wi – Closing is slated for next week on the purchase/sale of the building formerly home to Chase Bank, 801 W. Washington Street.
After the closing on Dec. 12, 2021, (at their request) the name of the local buyer will be released.
It was May 3, 2019, when the bank sent letters to customers notifying them the branch would close August 1, 2019.
In January 2020 the parcel was sold to Chris Wenzel, Founder and CEO of Alexssa Enterprises, LTD. Wenzel said the new building would serve as headquarters for his company. Wenzel closed on the purchase Friday, January 31, 2020, for $575,000.
In October 2020 Wenzel sold Alexssa Enterprises, LTD to River Run.
The current 2021 assessment is $585,000. The 2020 property taxes were $12,511.
On a history note: That bank location has been through several name changes. Records in the City assessor’s office show it was Marine Bank in 1972 and Banc One in 1992.
On another history note: Remember when the factories, West Bend Company, Amity Leather, and Enger Kress, were in West Bend and on Fridays the banks were open late because people lined up to cash/deposit their checks. At noon some tellers even noticed customers had a little beer on their breath after having a 10-cent tapper during lunch.
This is a working story, and more information will be posted when details become available.