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Listed price in listed location currency (USD).
$580,000
$624,900

000

MLS® 6500644

  • Key Facts
  • Description
  • Map

Key Facts

Type Business
Levels Commercial Sale
Size -
Garage Yes
HOA Fees 
Taxes $4,255
Approx. Age 1903
MLS® Number 6500644

Property Address: 120 S 6th Street, Bayfield, WI, 54814

Average square foot calculated using Size range provided by listing agent.

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.
MLS® Number6500644
Locker
Ensuite LaundryNo
Balcony
Furnished
Laundry Level
Exposure
Exterior
GarageYes
Approx. Age1903
Stories
Pets

Included in Maintenance Fee

Heat
Hydro
Water
Building Insurance
Condo Taxes
Cable TV
Central Air
Parking Maintenance

Utilities

Heat
A/C
Heating Fuel

Extras

Building, Business Assets, Business, Fixture/Equipment, Inventory, Land, Rental License

Similar Listings

Price History

Aug 1, 2024End Date
$580,000Sold Price

Sold

Mar 8, 2024List Date
$624,900List Price
  • Commute

Commute

Starting Address
Destination Address
120 S 6th Street, Bayfield, WI

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