20100 County Hwy M, Cable WI 54821 $695,000

20100 County Hwy M, Cable 0 Acres $695,000 Active

  • Commercial/Industrial
  • Status: Active
  • Est. Year Built: 1978
  • Estimated Age: 21+ Years
  • Est. Acreage: 21
  • Est. Acreage: >= 1, >= 1/2, >= 10, >= 20, >= 5
  • County: Bayfield
  • Property Taxes: $3,061
  • Property Tax Year: 2018
  • MLS#: 6073638
  • Listing Company: Lakeplace.com/Birchwood

20100 County Hwy M, Cable, WI 54821 - Two Successful Businesses In One! Exquisite 7 Room Guest Lodge & Award-Winning Casual Fine Dining Restaurant In The Heart Of Nw Wisconsin'S Chequamegon-Nicolet National Forest. A Cutting Edge Hospitality Business Catering To The Desires Of Today'S Discriminating Leisure Traveler. Tripadvisor 4.5, Aaa 3 Diamond Rating. Includes Land & Buildings + All Furniture/Fixtures/Equip (excl F&b Inventory & Wildlife Photography Gallery). Priced To Sell At ~20% Under Fmv. This Is An Excellent Opportunity For An Ambitious Couple To Operate Their Own Well-Established And Profitable Business In The Beautiful Forest And Lake Country Of Northwest Wisconsin. The Ideal Partnership Will Consist Of An Experienced Chef Eager To Showcase His/Her Artistry To An Existing Customer Base Accustomed To Unique, Freshly Prepared Cuisine. Plus A Spouse/Partner With An Aptitude For Overseeing The Front Of House, Guest Rooms, Marketing, Finances, And All Related Management Functions. The Combined Lodge And Restaurant Business Has A Demonstrated 11+ Year Track Record Of Financial Success Being Operated By A Single Proprietor With No Culinary Background. This Was Accomplished By Relying On A Full-Time Salaried Chef, Plus Servers And Housekeeping Staff. Yet Its True Value And Profitability Has Yet To Be Fully Realized To The Extent It Will When Owned And Operated By A Chef/Manager Team.

Additional Features
  • Construction Type: E
  • Waterfront/Access: N
Property History
MLS Number New Status Previous Status Activity Date New List Price Previous List Price Sold Price DOM
6073638 Active OffMarket Jan 31 2019 1:39PM $695,000 $729,000 574
6073638 OffMarket Active Jan 28 2019 3:39PM 574
6073638 Aug 14 2018 9:39PM $729,000 $799,000 574
6073638 Active Apr 5 2018 7:50AM $799,000 574

Estimated Monthly Payment

$3,287 per month
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