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$1,290,000
Est. payment /mo
0.52 Acres Lot
UPDATED:
Key Details
Property Type Commercial
Listing Status Active
Purchase Type For Sale
MLS Listing ID 6114740
Year Built 1997
Annual Tax Amount $9,393
Tax Year 2023
Lot Size 0.520 Acres
Acres 0.52
Property Description
Excellent investment opportunity, in the heart of Madeline Island. The upper level has 4 rental units that have all been tastefully renovated. Profitable short-term rentals that create year-round income. The Bell Street Tavern Event Center located on the main level was a staple in the community for many years. Beautiful custom-made bar sits across the room from a floor to ceiling Lake Superior stone fireplace, two large dining areas and a band/stage. Full commercial kitchen. This 6,000. Sq Ft area can be reimagined to have a multitude of other commercial opportunities. Owner occupy is also an option with this multi-income property. A very popular location within walking distance of area attractions. Madeline Island is a top tourist destination, and a growing community that?s looking for a commercial investor with a vision for the future.
Location
State WI
County Ashland
Building
New Construction N
Others
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Listed by eXp Realty, LLC- WI
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United Country Midwest Lifestyle Properties
. | License ID: 76296
. License ID: 76296