751 Bell St - Restaurant FOR SALE


La Pointe, WI 54850
$1,290,000 USD
608-235-4235
751 Bell St, La Pointe, WI for Sale
$1,290,000 USD
Restaurant - FOR SALE
1/14
null | Request Cap Rate

751 Bell St
La Pointe, WI 54850


OVERVIEW

Excellent investment opportunity, in the heart of Madeline Island. The upper level has 4 rental units that have all been tastefully renovated. Profitable short-term rentals that create year-round income. The Bell Street Tavern Event Center located on the main level was a staple in the community for many years. Beautiful custom-made bar sits across the room from a floor to ceiling Lake Superior stone fireplace, two large dining areas and a band/stage. Full commercial kitchen. This 6,000. Sq Ft area can be reimagined to have a multitude of other commercial opportunities. Owner occupy is also an option with this multi-income property. A very popular location within walking distance of area attractions. Madeline Island is a top tourist destination, and a growing community that’s looking for a commercial investor with a vision for the future.

FOR SALE DETAILS

PRICE

$1,290,000 USD

PRICE/SF

$106 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Restaurant

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1992

SPRINKLERS

-

PARKING SPACES

10

LAND DETAILS

LAND ACRES

0.98 AC

LAND SF

42,821 SF

ZONING

C-1

APN/PARCEL ID

014-00437-0201

ASK ABOUT THIS PROPERTY

Sally NortheXp Realty, Island Shores GroupMore Info
608-235-4235

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Sally NortheXp Realty, Island Shores GroupMore Info
608-235-4235

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.