4720w Lake Of The Falls Rd, Mercer WI 54547 Sold for $350,000 on 05/24/2017

4720w Lake Of The Falls Rd, Mercer 0 Acres $389,900 Sold

  • CommercialProperty
  • Status: Sold
  • Est. Year Built: 1939
  • Body of Water: Lake Of The Falls
  • County: Iron
  • MLS#: 159705
  • Listing Company: Century 21 Pierce Realty - Mercer

4720w Lake Of The Falls Rd, Mercer, WI 54547 - Beautifully maintained lucrative resort located on gorgeous Lake of the Falls. This prime property features 38.82 acres and 175 feet of dynamite western facing, level frontage! There are 5 very nice year round cabins, ranging from 2-4 bedrooms in size. Each cabin comes completely furnished and offers newer steel roofs and windows. These cabins have excellent occupancy bookings! The fantastic bar area features attractive T&G knotty pine interior, large windows, 10' ceiling and includes coolers, neon signs, ice machine and all glassware and furnishings! Convenient commercial kitchen includes an easy work area complete with 3 prep tables, pizza ovens, stove, griddle, oven, deep fryer and more. Exceptional living quarters feature 3 bedrooms, 2 bathrooms, an office, a spacious living room and large separate kitchen. If this and there's also a 5 site campground, a 2 car detached garage, 3 piers, nice swimming area, and a new natural gas boiler which economically heats all 6 buildings!

Additional Features
  • Heating/Cooling: Forced Air
  • Flooring: Vinyl, Wood
  • Roof: Composition Shingles, Metal
  • Waterfront/Access: Y
Property History
MLS Number New Status Previous Status Activity Date New List Price Previous List Price Sold Price DOM
159705 Sold Active w/Contract May 24 2017 4:20PM $350,000 308
159705 Active w/Contract Active Feb 27 2017 1:19PM 308
159705 Active Jul 19 2016 1:20PM $389,900 308
151968 Expired Active Jul 18 2016 2:17AM 363
151968 Active Jul 20 2015 4:21PM $425,000 363
116193 Expired Active Jul 18 2015 2:17AM 1642
116193 Mar 30 2015 9:17AM $425,000 $450,000 1642
116193 Active Jan 5 2015 12:06PM $450,000 1642

Estimated Monthly Payment

$3,287 per month
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