Address
120 S 6th Street, Bayfield, WI
Price
$ 624,900
Property Attributes
  • ID#1580148
  • TypeCommercial
  • CountyBAYFIELD
  • CityBayfield
  • Area57 - Ashland-Bayfield
  • Zip54814
  • StyleCommercial
  • 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
3/8/2024 Listed $624,900

General Features

Sewer PublicSewer
Heating ForcedAir
Cooling WindowUnits
Possession Other,SeeRemarks
Construction Materials MetalSiding
View Lake
Township 50
Property SubType Commercial
Tax Year 2022
Waterfront Features Lake
County Bayfield
New Construction No
Property Type CommercialSale
HOA / Comm Assn No
Attached Garage No
Possible Use Other,SeeRemarks
Garage Y/N No
Status Active
Directions East side of Hwy 13 (S 6th St) driving through Bayfield.
ModificationTimestamp 2024-03-15T19:05:03.937-00:00
City Bayfield
Body of Water Lake Superior
View Y/N Yes
Senior Community Y/N No
High School District Bayfield
Zoning Description Commercial,Residential
MLS Area 57 - Ashland/Bayfield
Private Pool No
Waterfront Y/N Yes
Carport Y/N No
Street Name 6th
Property Attached Y/N No
Land Lease Y/N No
Tax Annual Amount 4255.0
Home Warranty Y/N No
Lease Renewal Y/N No
Additional Parcels Y/N No
Lease Considered Y/N No
Rent Control Y/N No
Days on Market 7
Standard Status Active
Middle/Junior School District Bayfield
Elementary School District Bayfield
Property Sub Type Additional Commercial
MobileHomeRemainsYN No
PostalCity Bayfield

Interior Features

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

Exterior Features

Water Source Public
Lot Size Area 0.329
Spa No
Building Area Total 2997.0
Lot Dimensions 0 x 0 x
Lot Size Acres 0.329
Lot Size Units Acres
Road Frontage Type CountyRoad,CityStreet
Crops Included Y/N No
Open Parking Y/N No
Horse Y/N No
Irrigation Water Rights Y/N No

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 $4,255
$4,255
Visits
AVG 57
74
Data Provided by Inside Real Estate®

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