120 S 6th Street, Bayfield Twp, WI
$624,900 - Lake Superior
1,200
Square feet
0.33
Acres
About 120 S 6th Street
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.
Features of 120 S 6th Street
| MLS® # | 6381466 |
|---|---|
| Price | $624,900 |
| Bathrooms | 0.00 |
| Square Footage | 1,200 |
| Acres | 0.33 |
| Year Built | 1903 |
| Type | Commercial |
| Sub-Type | Business Opportunity |
| Style | Business |
| Status | Active |
| Contingency Type | None |
| Lake Name | Lake Superior |
Community Information
| Address | 120 S 6th Street |
|---|---|
| City | Bayfield Twp |
| County | Bayfield |
| State | WI |
| Zip Code | 54814 |
Amenities
| Amenities | Porch |
|---|---|
| # of Garages | 2 |
| Garages | Attached Garage, Concrete, Gravel, Tuckunder Garage |
| Is Waterfront | No |
| Waterfront | Lake View |
| Has Pool | No |
Interior
| Appliances | Dishwasher, Disposal, Dryer, Exhaust Fan, Freezer, Gas Water Heater, Microwave, Range, Refrigerator, Washer, Water Softener Owned |
|---|---|
| Heating | Forced Air |
| Cooling | Window Unit(s) |
| Fireplace | No |
| Has Basement | Yes |
| Basement | Block, Finished, Insulating Concrete Forms, Owner Access, Concrete, Walkout |
Exterior
| Lot Description | Tree Coverage - Medium, Underground Utilities |
|---|---|
| Roof | Asphalt |
| Construction | Aluminum Siding |
School Information
| District | Bayfield |
|---|
Additional Information
| Zoning | Business/Commercial,Residential-Single Family |
|---|---|
| Foreclosure | No |
| Short Sale | No |
| Taxes | $4,343 |
| Tax Year | 2022 |
| Office | RE/MAX Professionals |
Listing Details
| Office | RE/MAX Professionals |
|---|