The new owners of the historic Edward Pierre–designed commercial building at 4601 N. College Ave. know they have a gem and are looking to restore its luster. The freestanding building features 6,835 square feet of ground-level storefront space and 2,274 square feet of lower-level space. The owners have contracted with local firm Blackline to undertake the restoration. According to architect Craig McCormick, the goal is to maintain as much of the building’s historical character as possible while addressing the challenges of providing useful space for contemporary tenants. “Most of the interior has lost a lot of character over time,” he said, “but the goal is to bring back the historical character of the exterior.” Leasing agent Scott Lindenberg of Reliant Partners said there has been a great deal of interest in the property. Scarlet Lane Brewing Company is seeking a liquor license for a tasting room. A restaurant tenant is being sought for the prime corner space. While there are 15 on-site parking spaces, the marketing effort touts proximity to the Red Line bus rapid transit route because a station will be located south of the intersection at 46th Street and College Ave.