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120 S 6th Street, Bayfield, WI 54814

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Listing Type
commercial/industrial
Listing Status
active
39
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$624,900

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Property Details for 120 S 6th Street
Price
$624,900
Type
commercial/industrial
Sq. Ft.
2997
Lot Size
0.329
County
Bayfield
Basement
Other, SeeRemarks
Tax
$4,255
MLS®️ Listing#
1580148
On exitrealty.com
139 days
Property Description
Own a piece of Iconic Bayfield WI, Lucy’s Place is an established bed and breakfast, featuring 4 ensuites for rent, and a separate owner’s wing. Each ensuite features a private bath with jetted tub. in Lake superiors views from the garden, or walk a few blocks and be immersed in the shops and water front of this picturesque tourism hot spot. The property includes several additions and updates, including solar panels, upgrades in energy efficiency , and mechanical updates. This property operates at an 11.5% cap rate, making it an excellent investment opportunity. At just under 3800 square feet, it would also make an amazing north shore vacation property, with room to spare for friends and family.
Property Features
Listing courtesy: Re/Max Professionals - 651-455-7000
Data relating to real estate for sale on this website comes in part from the IDX program of the NW WI MLS. Information provided by NW WI MLS is compiled from 3rd party source. Information deemed reliable, not guaranteed. Neither NW WI MLS, the listing broker or its agents or subagents are responsible for its accuracy. IDX information is provided exclusively for consumers’ personal, non-commercial use and that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The data is deemed reliable but is not guaranteed accurate by the MLS. Sold price is derived from the transfer tax shown on the deed and other factors may influence the actual sale price.
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Market statistics compiled from data from Northwest Wisconsin MLS.
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EXIT REALTY SPRINGSIDE
7876 Hudson Road, Suite 10, Woodbury, MN 55125
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$624,900

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EXIT REALTY SPRINGSIDE
7876 Hudson Road, Suite 10, Woodbury, MN 55125
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