Bayfield Commercial Property
$624,900
120 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.
Listing Information
MLS#: 1580148
Status: Active
0.33 Acre Lot
2,497 sq. ft. Above Grade
500 sq. ft. Below Grade
Lot Size: 0 x 0
Bayfield County
School District: Bayfield
Area: 57 - Ashland/Bayfield
Zoning: Commercial, Residential
Listed By: Anthony Khambata from Re/Max Professionals
Interior Features
Basement: Other, See Remarks
Cooling: Window Units
Heating: Forced Air
Exterior Features
Water Service: Public
Sewer Service: Public Sewer
Water Frontage: feet of frontage on Lake Superior Lake. The lake is ft deep and covers 32 acres.