120 6th Street - Bayfield

Stars And Stripes Realty®
715-318-0510

MLS# 1567556

$649900.00


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.
2022 Taxes $4,255.00
Acres0.3290
TypeCommercial
ZoningCommercial,Residential
Square Feet2997
CountyBayfield
Lake/River NameLake Superior
Lake Size (Acres)32
Exterior ConstructionMetal
RoadsRoad-County,Street-City

Features

BasementOther-See Remarks
CoolingWindow
Fuel SourceElectric,Natural Gas,Solar
HeatingForced Air
OccupancyOther-See Remarks
SewerCity Sewer
Water ServiceCity-Water
Listing By Re/Max Professionals