Address
120 S 6th Street, Bayfield, WI
Price
$ 624,900
Property Attributes
  • ID#1574199
  • TypeCommercial
  • CountyBAYFIELD
  • CityBayfield
  • Area57 - Ashland-Bayfield
  • Zip54814
  • StyleCommercial
  • Year Built1903
  • Taxes$ 4255
  • Price$ 624,900
  • Bedrooms0
  • Full Bathrooms0
  • Half Bathrooms0
  • Sqr Footage2997
  • Lot Size0.329 Acres
Data Source:
REALTOR® Association of Northwestern Wisconsin MLS (RANWW)
Property Description

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.

Price History
6/15/2023 Listed $624,900

General Features

Accessibility AccessibleApproachwithRamp
Additional Parcels Y/N No
Association Y/N No
Attached Garage No
Basement Full
Body of Water Lake Superior
Carport Y/N No
City Bayfield
Construction Materials MetalSiding
Cooling WindowUnits
County Bayfield
Days on Market 80
Directions East side of Hwy 13 (S 6th St) driving through Bayfield
Elementary School District Bayfield
Garage Y/N No
Heating ForcedAir
High School District Bayfield
Home Warranty Y/N No
Land Lease Y/N No
Lease Considered Y/N No
Lease Renewal Y/N No
MLS Area 57 - Ashland/Bayfield
Middle/Junior School District Bayfield
Mobilehomeremainsyn No
New Construction No
Possession CloseOfEscrow
Possible Use Other, SeeRemarks
Private Pool No
Property Attached Y/N No
Property Sub Type Additional Commercial
Property SubType Commercial
Property Type CommercialSale
Rent Control Y/N No
Senior Community Y/N No
Sewer PublicSewer
Standard Status Active
Status Active
Street Name 6th
Tax Annual Amount 4255.0
Tax Year 2022
View Y/N No
Waterfront Features Lake
Waterfront Y/N Yes
Year Built 1903
Zoning Description Commercial, Residential

Interior Features

Above Grade Finished Area 2497.0
Air Conditioning Y/N Yes
Basement (Y/N) Yes
Below Grade Finished Area 500.0
Electric On Property Y/N No
Fireplace Y/N No
Heating Y/N Yes
Street Suffix Street

Exterior Features

Living Area 2997.0
Building Area Total 2997.0
Crops Included Y/N No
Horse Y/N No
Irrigation Water Rights Y/N No
Lot Dimensions 120 x 120 x
Lot Size Acres 0.329
Lot Size Area 0.329
Lot Size Units Acres
Open Parking Y/N No
Spa No
Water Source Public

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Primary On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Commercial Average in 54814

Price
AVG $620K
$620K
Taxes
AVG $4,299
$4,255
Visits
AVG 111
111
Year Built
AVG 1903
1903
Walkscore
AVG 40
59
Data Provided by Walkscore ® not using MLS data

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