2721 Hwy 51, Arbor Vitae WI 54568 $695,000

2721 Hwy 51, Arbor Vitae 0 Acres $695,000 Active

  • CommercialProperty
  • Status: Active
  • County: Vilas
  • Property Taxes: $7,608
  • Property Tax Year: 2017
  • MLS#: 172839
  • Listing Company: Coldwell Banker Mulleady - Mnq

2721 Hwy 51, Arbor Vitae, WI 54568 - Here's an amazing opportunity to own a classy dining establishment in the Northwoods. Marty's Place North has over 35 years as a successful supper club with a long tradition of loyal patrons. The property features an incredible decor with nostalgic log beams, a large gas fieldstone fireplace and the "round room" gazebo, which is Marty's pride and joy, serving as the central focus of the restaurant. Additionally, the property offers a lower level banquet room and bar for large parties seating up to 40 people. This room features a mixture of fieldstone and vertical pine in addition to a mounted rustic wine cask, giving it even more Northwood's charm. Marty's is located directly off Hwy 51 north of Minocqua and has great highway visibility. The restaurant includes a state of the art commercial kitchen that has had many new updates. There are also two additional homes that can serve as extra rental income, so start making Old Fashions as an owner of this landmark restaurant today!

Additional Features
  • Heating/Cooling: Forced Air
  • Flooring: Mixed
  • Roof: Composition Shingles
  • Waterfront/Access: N
Property History
MLS Number New Status Previous Status Activity Date New List Price Previous List Price Sold Price DOM
172839 Active Jun 25 2018 1:27PM $695,000 335
164484 Active May 4 2017 2:19PM $695,000 356
148696 Expired Active Apr 1 2017 2:17AM 730
148696 Feb 17 2016 11:17AM $749,000 $819,000 730
148696 Active Apr 10 2015 9:17AM $819,000 730

Estimated Monthly Payment

$3,287 per month
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Rates and fees are subject to adjustments based on your credit score and the loan-to-value ratio. Rates and fees are also subject to change without notice. Other rates and loan programs are available.
All applications are subject to current underwriting guidelines and credit approval. EHL NMLS#280412

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