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117-119 Railroad St Eagle River WI 54521 $131,100

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  • Status: Expired
  • Est. Square Footage: 7,875
  • Attached Garage: No
  • Est. Acreage: 0.16
  • County: Vilas
  • Property Taxes: $3,955
  • Property Tax Year: 2017
  • Township: Eagle River City
  • MLS#: 170152
  • Listing Company: Re/Max Property Pros
  • Price/SqFt: $16
  • Zip Code: null

117-119 Railroad St Eagle River WI 54521 - PRICED $100K under Fair Market Value! - Priced at $12 a square foot, Bring your BIG ideas to this BIG location! With over 11,000 total square feet & the largest display windows in the area, your business will be provided with excellent exposure & absolute growth. There is a new $7,500 high efficiency lighting system & a new roof installed. There are 6 owned parking spots, a large basement (rare in commercial) & able to divide. That is correct, if you do not need the large space, be a savoy investor & lease OR sell out the other half. The division wall is already in place! Eagle River offers water & sewer, high speed cable internet, great tourism & the amenities that bring your buyers to town: banks, salons, grocery stores. The price per square foot is the lowest around & the question is, who will take advantage? A manufacturer? Investor offering office space for lease? Indoor farmers market? Antique megastore? **New laws allow for up to ZERO capital gains in Eagle River Investments.

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Listed by Re/Max Property Pros