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120 South 6th Street,  Bayfield,  WI  54814 $624,900 Active
120 South 6th Street,  Bayfield,  WI  54814
$624,900
Active
More Photos
 Property Type Business/Commercial
 Parcel # 0420625004144001276
 County Bayfield
 Sub Area
 Municipality
 MLS# 1580148
 Listing Date 03/08/2024

MLS Public Remarks  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  
  • Location  City
  • Other Marketing Area  57 - Ashland/Bayfield
  • Mailing City  Bayfield
  • C/T/V  City
  • Unit #  
  • Directions  East Side Of Hwy 13 (s 6th St) Driving Through Bayfield.
    • BUILDING DESCRIPTION  
  • Real estate for sale  Y
  • Business for sale  Y
  • For lease only  
  • Ann. Rent/SqFt  $0
  • Total Units/Bldg  0
  • Building Gross SqFt  2,997
  • Net Leasable SqFt  0
  • Year Built  0
  • Source for Year Built  ACTIVE
  • Approx Bldg Dimen  
  • Street Frontage  0
  • Parking Fees/Mo.  $0
  • Onsite Parking  
  • # of Stories  0
  • Ceiling Height Min  0
  • Ceiling Height Max  0
  • Number of Loading Docks  0
  • Zoning  Commercial,Resi
  • Est. Total Acres  0.0
  • Source Of Est Acres  
  • Lot Dimensions  
  • Owner  
  • Tradename  Bruce & Barbara Hoekstra
    • ASSESSMENT & TAXES  
  • Land Assessment  $0
  • Assessment Year  0
  • Net Taxes  $4,255
  • Tax Year  2022
  • Improvements  $0
  • Total Assessment  $0
    • ANNUAL INCOME/EXPENSES  
  • Income/Expenses Year  
  • 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 - 0 0 $0 $0 $0 0
    2 - Bayfield 0 $0 $0 $0 0
    3 - 0 0 $0 $0 $0 0
    Items Included 
    Items Excluded 
    INTERIOR FEATURES  
  • Heating/Cooling  Forced Air, Wall A/C
  • Water/Waste  Municipal Sewer, Municipal Water
  • Basement  Other-See Remarks
  • Fuel  
  • Seating Capacity  
    • EXTERIOR FEATURES  
  • Type  
  • Exterior Treatment  Aluminum/Steel
  • Building Parking  
  • Roofing  
  • Terms/Option  
  • Miscellaneous  
    • OTHER FEATURES  
  • Documents on File  
  • Location  
  • Tenant Pays  
  • Present Use  
  • Licenses  
  • Lease Type  
  • Occupied by  Other
  • Sale Includes  
  • Features  



    • Above Information Deemed Reliable, But Not Guaranteed

    Listing Courtesy of Re/Max Professionals