1982 Hwy 45, Lincoln WI 54521 $1,170,000

1982 Hwy 45, Lincoln 0 Acres $1,170,000 Active

  • CommercialProperty
  • Status: Active
  • Body of Water: Duck
  • County: Vilas
  • Property Taxes: $3,521
  • Property Tax Year: 2016
  • MLS#: 167285
  • Listing Company: First Weber - Minocqua

1982 Hwy 45 Lincoln WI 54521 - Profitable business accommodations business on the shores of Duck Lake on the famed Eagle River Chain of Lakes. This 29-unit lodge with an adjoined three-bedroom two bath living quarters has an excellent occupancy history and cash flows. The Hiawatha has very strong repeat business from year to year with large groups and families booking the next years week upon departure. It is an established area landmark that serves all four seasons of recreation the area has to offer. It has direct lake access with a dock system to accommodate guest's boats and is located directly on the snowmobile trail. There is a large welcoming lobby with a game area and a lower level meeting/movie room. A great new revenue stream is the pontoon, kayak, and paddle-board rentals. There is a huge attached garage area (the old pool area) that can serve as motorcycle/snowmobile indoor parking and plenty of trailer parking. The neighboring restaurant has recently been purchased an is being renovated.

Additional Features
  • Heating/Cooling: Forced Air
  • Flooring: Mixed
  • Roof: Metal
  • Waterfront/Access: Y
Property History
MLS Number New Status Previous Status Activity Date New List Price Previous List Price Sold Price DOM
167285 Active Aug 14 2017 5:19PM $1,270,000 336

Estimated Monthly Payment

$3,287 per month
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