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120 6th Street - Bayfield

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MLS# 1567556

$649,900


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.

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Property Info

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

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Estimated Monthly Payment

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NW WI MLS The data relating to real estate for sale on this web site comes in part from the Internet Data Exchange program of the NW WI MLS. Real estate listings held by brokerage firms other than Stars & Stripes Realty, LLC are marked with the NW WI MLS icon.

The information, provided by seller, listing broker and other parties, may not have been verified.

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This information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

This data is updated every day. Some properties which appear for sale on this web site may subsequently have sold and may no longer be available.

Last Updated January 27th 2023
Listing By Re/Max Professionals