Bayfield, WI 54814,120 S 6th ST
See all 39 photos
Bayfield, WI 54814,120 S 6th ST
Bayfield, WI 54814,120 S 6th ST
Bayfield, WI 54814,120 S 6th ST
Bayfield, WI 54814,120 S 6th ST
Listed by Anthony Khambata • Re/Max Professionals

$580,000

Est. payment /mo

$624,900

7.2%
Est.Price: ?

For more information regarding the value of a property, please contact us for a free consultation.

120 S 6th ST Bayfield, WI 54814

2,997 SqFt

SOLD DATE : 10/16/2024

Key Details

Sold Price $580,000

Property Type Commercial

Sub Type Commercial

Listing Status Sold

Purchase Type For Sale

Square Footage 2,997 sqft

Price per Sqft $193

MLS Listing ID 1580148

Sold Date 10/16/24

HOA Y/N No

Abv Grd Liv Area 2,497

Annual Tax Amount $4,255

Tax Year 2022

Lot Size 0.329 Acres

Acres 0.329

Property Sub-Type Commercial

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.

Location

State WI

County Bayfield

Area 57 - Ashland/Bayfield

Rooms

Basement Other, See Remarks

Interior

Heating Forced Air

Cooling Window Unit(s)

Fireplace No

Exterior

Waterfront Description Lake

View Y/N Yes

Water Access Desc Public

View Lake

Building

Sewer Public Sewer

Water Public

Schools

School District Bayfield

Others

Tax ID 04206250041440012763100

Financing Cash

Read Less

Want to know what your home might be worth? Contact us for a FREE valuation!

Submit

Our team is ready to help you sell your home for the highest possible price ASAP


agent

The Beiser Home Team

Broker Executives -Realtors

+1(920) 744-3399

GET MORE INFORMATION

Name
Phone*
Message