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W505 Huron Bay Drive,  Montello,  WI  53949 $950,000 Active
W505 Huron Bay Drive,  Montello,  WI  53949
$950,000
Active
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 Property Type Business/Commercial
 Parcel # 010-00171-0000
 County Marquette
 Sub Area N06
 Municipality Mecan
 MLS# 1930114
 Listing Date 03/22/2022

MLS Public Remarks  Lake Life can be your Career or just a Great Investment. This Amazing property at the heart of Lake Puckaway boasts 300 feet of lake frontage, 4 piers and 8 weekly rental units. The Restaurant/Bar was built in 2014 with functionality, customer service and easy restocking in mind. This property also comes with a Three Bedroom, Two Bath home built in 2014. This home features 1530 sqft, poured unfinished basement subbed for another bath, a beautiful Stone Fireplace and a great view of Lake Puckaway. Other amenities include Storage Shed, Sand Bar, Two Car Garage, Outdoor Patio, Grilling Area, Plus a Sand Volleyball Court. With commitment, hard work, advertising and management. This could be the premier destination on Lake Puckaway and a Gold Mine for you.
Documents and Related Links  
1) RECR and BDR
2) Included with Sale
* 2 Documents Not Available via MLS
LOCATION  
  • Location  Town
  • Other Marketing Area  
  • Mailing City  Montello
  • C/T/V  Town
  • Unit #  
  • Directions  Hwy 23 West To L On County Rd C. To L On Fox Ct, To R On Bary Dr To R On Huron Bay Dr.
    • BUILDING DESCRIPTION  
  • Real estate for sale  Yes
  • Business for sale  Yes
  • For lease only  No
  • Ann. Rent/SqFt  $0
  • Total Units/Bldg  14
  • Building Gross SqFt  2,400
  • Net Leasable SqFt  2,400
  • Year Built  2014
  • Source for Year Built  Slr
  • Approx Bldg Dimen  20x60
  • Street Frontage  20
  • Parking Fees/Mo.  $0
  • Onsite Parking  40
  • # of Stories  1
  • Ceiling Height Min  9
  • Ceiling Height Max  15
  • Number of Loading Docks  0
  • Zoning  G2
  • Est. Total Acres  3.0
  • Source Of Est Acres  Slr
  • Lot Dimensions  See CRS Tax Data
  • Owner  
  • Tradename  Log Cabin Resort
    • ASSESSMENT & TAXES  
  • Land Assessment  $243,700
  • Assessment Year  2020
  • Net Taxes  $13,375
  • Tax Year  2020
  • Improvements  $548,200
  • Total Assessment  $791,900
    • ANNUAL INCOME/EXPENSES  
  • Income/Expenses Year  $2,021
  • Gross Operating Income  $346,463
  • Annual Operating Exp  $285,506
  • Net Operating Income  $60,957
    • UNIT INFORMATION  
    Unit Lease Type Lease Exp. Date Renewal Option Base Annual Rent Annual Rent/SqFt Other Fees/SqFt Gross SqFt
    1 None None 0 $50,000 $0 $0 2,400
    2 - 0 0 $0 $0 $0 0
    3 - 0 0 $0 $0 $0 0
    Items Included Please see Attached Documents
    Items Excluded  Seller personal items, garden equipment, tools, some mounts and Sparky and Chrystal Memorabilia.
    INTERIOR FEATURES  
  • Heating/Cooling  Central air, Forced air, Wall AC, Wall Furnace
  • Water/Waste  Holding tank, Well
  • Basement  Full, Poured concrete foundatn
  • Fuel  Liquid propane
  • Seating Capacity  76-100 persons
    • EXTERIOR FEATURES  
  • Type   Campground, Motel/Hotel/Bed & Brkfst, Recreation, Restaurant/Supper Club, Tavern
  • Exterior Treatment  Brick, Vinyl, Wood
  • Building Parking  36-55 spaces, Gravel, Onsite
  • Roofing  Metal
  • Terms/Option  
  • Miscellaneous  Waterfront
    • OTHER FEATURES  
  • Documents on File  Fixtures & equipment, Inventory list, P & L statement, Property Condition Report
  • Location  Free standing, Other
  • Tenant Pays  N/A
  • Present Use  Campground, Motel/Hotel/Bed & Brkfst, Restaurant/Supper Club, Tavern
  • Licenses  Beer, Food, Liquor, Tobacco, Wine
  • Lease Type  None
  • Occupied by  Owner
  • Sale Includes  Business name, Easements, Inventory, Other, Signs
  • Features  Inside storage, Outside storage, Private Restrooms, Public rest rooms, Recreation facilities, Residential unit(s), Security system, Signage available



    • Above Information Deemed Reliable, But Not Guaranteed

    Listing Courtesy of Lakeplace.com