120 S 6th Street Bayfield, WI 54814

$624,900

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.

View Map
County

Bayfield

School District

Bayfield

Above Grade

2,497 sq. ft.

Below Grade

500 sq. ft.

Style

Commercial

Property Type

CommercialSale

Lot Size

0 x 0 x

Property Taxes

$4,255

Tax Year

2022

Basement

Other,SeeRemarks

Cooling

WindowUnits

Exterior

MetalSiding

Heating

ForcedAir

Lake

Lake Superior

Lake Size

32 Acres

Roads

CountyRoad,CityStreet

Sewer

PublicSewer

Water

Public

Zoning

Commercial,Residential

Directions

East side of Hwy 13 (S 6th St) driving through Bayfield.

Listing Agency

Listing courtesy of
RE / Max Professionals