Alpine Valley For Sale

“This is an asset Zilber Property Group has owned for nearly 20 years, and we want to continue to focus on our core competencies, which is industrial, office and home development,” company VP John Kersey told the Milwaukee Business Journal.

Live Nation leases the nearly 200-acre property, which includes the 36,500-capacity shed.

There are more than five years remaining on the lease, which generates a minimum annual rent of $675,000, according to an offering memorandum from brokerage Stan Johnson Co.

Alpine Valley Music Theatre has been in use for almost 40 years as a major concert venue, and has been the site of more than 20 Grateful Dead shows, a Tibeten Freedom Concert and considered a favored venue by the likes of Jimmy Buffett and Phish