By OnMilwaukee Staff Writers   Published Nov 13, 2013 at 3:01 PM

The former Faust Music, located at 2204 S. Kinnickinnic Ave., hosts a one-day inventory liquidation sale on Saturday, Nov. 16.

The sale runs from 9 a.m. until 4 p.m. All transactions are cash only and final.

The Music Cafe in Mukwonago recently acquired both the store's large collection of musical equipment – including drums, percussion accessories, guitars, cases, collectibles, music and more – and the building after the Bay View store's legendary founder and long-time owner, William "Bill Faust" Regalado, passed away early last month at the age of 83.

Regalado opened Faust Music back in 1955, and his unmatched – and often unvarnished – expertise when it came to music and equipment helped earn the store the title of Milwaukee's Drum Center.

Regalado's often caustic approach to customer service made him a neighborhood personality.

While the inventory is on sale Saturday, the future of the building itself is still up in the air. A representative of The Music Cafe said the company is currently debating either selling the building or developing the space itself.