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69210 E Long Lake Road,  Iron River,  WI  54847 $2,500,000 Active
69210 E Long Lake Road,  Iron River,  WI  54847
$2,500,000
Active
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 Property Type Business/Commercial
 Parcel # Multiple
 County Bayfield
 Sub Area Y01
 Municipality Iron River
 MLS# 1959322
 Listing Date 07/05/2023

MLS Public Remarks  Tri Lake Timbers resort sets on 105 acres bordering the Chequamegon National Forest Right on major trail system for snowmobiles and ATVs. There are 57 Seasonal sites with water & 30 amp electric (all metered). All sites have 300 gal. holding tanks. There are also 9 rental units that include 6 stand alone cabins and 3 rental units that are part of the main building. There is also a very nice northwoods bar & grill that primarily serves the resort customers but could certainly do more. Tri Lakes has frontage on Long Lake / Johnson Lake and Hitch Lake. There are about 90 acres that could still be developed or sold for a premium as they offer great terrain, spectacular views and have their own road access.
Documents and Related Links  
1) Aerial Map
2) Brochure 2
3) Brochure 1
4) Condition Report
5) Confidentiality Agreement
6) Equipment List
* 1 Documents Not Available via MLS
LOCATION  
  • Location  Town
  • Other Marketing Area  
  • Mailing City  Iron River
  • C/T/V  Town
  • Unit #  
  • Directions  From State Hwy 2 - Ne Onto E Long Lake Rd. Property On Right.
    • BUILDING DESCRIPTION  
  • Real estate for sale  Yes
  • Business for sale  Yes
  • For lease only  No
  • Ann. Rent/SqFt  $0
  • Total Units/Bldg  0
  • Building Gross SqFt  0
  • Net Leasable SqFt  0
  • Year Built  999
  • Source for Year Built  Slr
  • Approx Bldg Dimen  0x0
  • Street Frontage  0
  • Parking Fees/Mo.  $0
  • Onsite Parking  100
  • # of Stories  3
  • Ceiling Height Min  8
  • Ceiling Height Max  12
  • Number of Loading Docks  0
  • Zoning  multiple
  • Est. Total Acres  105.0
  • Source Of Est Acres  PubR
  • Lot Dimensions  
  • Owner  
  • Tradename  Tri Lake Timbers
    • ASSESSMENT & TAXES  
  • Land Assessment  $389,200
  • Assessment Year  2022
  • Net Taxes  $8,245
  • Tax Year  2022
  • Improvements  $367,200
  • Total Assessment  $756,400
    • ANNUAL INCOME/EXPENSES  
  • Income/Expenses Year  $2,022
  • Gross Operating Income  $0
  • Annual Operating Exp  $0
  • Net Operating Income  $0
    • UNIT INFORMATION  
    Unit Lease Type Lease Exp. Date Renewal Option Base Annual Rent Annual Rent/SqFt Other Fees/SqFt Gross SqFt
    1 none 0 0 $0 $0 $0 0
    2 - 0 0 $0 $0 $0 0
    3 - 0 0 $0 $0 $0 0
    Items Included See attached Equipment List
    Items Excluded  Seller's personal property and any personal property owned by campers.
    INTERIOR FEATURES  
  • Heating/Cooling  Central air, Forced air, Radiant, Wall AC, Wall Furnace
  • Water/Waste  Non-Municipal/Prvt dispos, Well
  • Basement  Slab/None
  • Fuel  Electric, Liquid propane
  • Seating Capacity  51-75 persons
    • EXTERIOR FEATURES  
  • Type   Campground, Recreation, Tavern
  • Exterior Treatment  Vinyl, Wood
  • Building Parking  56 or more spaces, Gravel, Onsite, Paved
  • Roofing  Composition
  • Terms/Option  
  • Miscellaneous  Waterfront
    • OTHER FEATURES  
  • Documents on File  Fixtures & equipment, P & L statement, Property Condition Report
  • Location  Free standing, Near Major Highway
  • Tenant Pays  N/A
  • Present Use  Campground, Recreation, Tavern
  • Licenses  Beer, Food, Liquor, Other, Special use, Wine
  • Lease Type  None
  • Occupied by  Owner
  • Sale Includes  Business name, Customer list, Equipment, Furniture, Other, Signs
  • Features  Inside storage, Outside storage, Private Restrooms, Public rest rooms, Reception area, Recreation facilities, Residential unit(s)



    • Above Information Deemed Reliable, But Not Guaranteed

    Listing Courtesy of Castle Rock Realty Llc