4475 Cth P Rhinelander WI 54501 $1,575,000

Property Description

4475 Cth P Rhinelander WI 54501 - Exceptional opportunity with options. The well established Clear Lake Inn & Resort along with the Beachcomber Lounge consists of three luxury lake lodges (2) 3 bedroom and (1) 4 bedroom, a 6-unit motel of which 5 are dual room efficiency suites, a bar/restaurant (voted best fish fry in Rhinelander) and attached 3-bedroom home. The landscaping is quite exquisite and the property as a whole has been remarkably well maintained. Being sold turn key, the current owners for the past 18 years are willing to stay on a bit to ensure a successful transition. The repeat annual rentals are excellent. For the investor who may want to diversify, there are options for dividing and selling off different parts of the business and/or lake lodges. The property is 3.5 acres and offers 518 ft of gorgeous ripple sand frontage and gin clear swimming waters.

Property Type: HotelMotel
Status: Sold
Est. Square Footage: 10,866
Attached Garage: No
Body of Water: Clear
Est. Waterfront Footage: 518
County: Oneida
Postal City: Rhinelander
Township: Pelican
Display City: Rhinelander
MLS#: 190519
Listing Company: First Weber - Minocqua
Price/SqFt: $144
Zip Code: null

The information which is contained on pages with property data is obtained from a number of different sources and which has not been independently verified or confirmed by the various real estate brokers and agents who have been and are involved in this transaction. If any particular measurement or data element is important or material to buyer, Buyer assumes all responsibility and liability to research, verify and confirm said data element and measurement. Shorewest Realtors is not making any warranties or representations concerning any of these properties. Shorewest Realtors shall not be held responsible for any discrepancy and will not be liable for any damages of any kind arising from the use of this site. REALTOR *MLS* Equal Housing Opportunity