For more than one hundred years the south side was the home of Goldmann’s Department Store. Since closing seven years ago it became an eyesore and symbol of our deteriorating economy.

That will soon be changing as reports from the Milwaukee Journal Sentinel say that the building was recently sold and will be converted into a medical clinic.

According to the Journal Sentinel the building has been sold for $550,000 to Phoenix Mitchell LLC, an affiliate of Milwaukee-based Phoenix Investors LLC.

Goldmann’s closed in 2007 after 111 years of business on Mitchell St., where it served for decades as an anchor for the street’s smaller stores.

“Phoenix Mitchell is working with another local firm, Endeavour Corp., to convert the vacant two-story building into the new home of the Gerald L. Ignace Indian Health Center”, said the paper.

That nonprofit medical clinic now operates at 1711 S. 11th St., about one block west of the Goldmann’s building.

The clinic serves around 2,000 lower-income people annually.

The new building will allow the clinic to expand its primary care services.

A representative at the clinic said that there are plans to add new services, including pediatric dental care and behavioral health care.

Construction could begin by January. The clinic is planning to sign a 15-year lease for the building to move into the new building by July 2015.