120 South 6th Street Bayfield WI 54814 $624,900

Property Description

120 South 6th Street Bayfield WI 54814 - Own A Piece Of Iconic Bayfield Wi, Lucy?s Place Is An Established Bed And Breakfast, Featuring 4 Ensuites For Rent, And A Separate Owner?s Wing. Each Ensuite Features A Private Bath With Jetted Tub. In Lake Superiors Views From The Garden, Or Walk A Few Blocks And Be Immersed In The Shops And Water Front Of This Picturesque Tourism Hot Spot. The Property Includes Several Additions And Updates, Including Solar Panels, Upgrades In Energy Efficiency , And Mechanical Updates. This Property Operates At An 11.5% Cap Rate, Making It An Excellent Investment Opportunity. At Just Under 3800 Square Feet, It Would Also Make An Amazing North Shore Vacation Property, With Room To Spare For Friends And Family.

Commercial/Industrial
Status: Active
Estimated Age: Not Available
Estimated Square Feet: 2501-3000
Square Feet: 2997
Est. Acreage: < 1/2
Est. Lot Size: 0 x 0 x
School District: Bayfield
Body of Water: Lake Superior
County: Bayfield
Property Taxes: $4,255
Property Tax Year: 2022
MLS#: 1580148
Listing Company: Re/Max Professionals
Price/SqFt: $208
Zip Code: null

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