421 Railroad St, Eagle River, WI 54521 $1,600,000

421 Railroad St, Eagle River 0 Acres $1,600,000 Active w/Contract

  • CommercialProperty
  • Status: Active w/Contract
  • Est. Square Footage: 5,295
  • Attached Garage: No
  • Est. Year Built: 1884
  • Est. Acreage: 0.7
  • Est. Waterfront Footage: 435
  • County: Vilas
  • Property Taxes: $7,212
  • Property Tax Year: 2020
  • Postal Municipality: Eagle River
  • MLS#: 191902
  • Listing Company: Century 21 Burkett & Assoc.
  • Price/SqFt: $302

421 Railroad St, Eagle River, WI 54521 - This Historic Structure is looking for it's next owner to continue the legacy of providing classic American restaurant fair to locals and visitors alike. Eddie B's White Spruce Inn is the oldest commercial business in Eagle River, operating as a restaurant for over the past 100 years. Built in 1884, it has provided generations with a true "Northwood's" dining experience. With 435 feet of frontage on the Eagle River providing access to the Eagle River Chain of Lakes. Also included is a 3 bedroom, 2 bath raised ranch home overlooking the river with walkout access. This high traffic location with the ATV trails, the snowmobile trails and access from Eagle River's Railroad St.(Highway 45 North), visibility is not an issue. It features inside seating for 140, large inside barroom, outside deck, and boat slips aplenty. The physical plant is in excellent condition, well maintained, new tables and chairs, bar stools, TV's and high speed internet. 10240

Additional Features
  • Heating/Cooling: HotWater
  • Roof: Composition, Shingle
  • Waterfront/Access: Y
Property History
MLS Number New Status Previous Status Activity Date New List Price Previous List Price Sold Price DOM
191902 Active w/Contract Active Feb 24 2022 4:17PM 332
191902 Active Jul 1 2021 3:17PM $1,600,000 332

Estimated Monthly Payment

$3,287 per month
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All applications are subject to current underwriting guidelines and credit approval. EHL NMLS#280412

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