Mixed Use Property
| Contact: |
sally.north@exprealty.com |
Mixed Use
MLS# 6114740
For Sale: $1290000
Status: ACTIVE
Waterfront: No
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.
Additional Photos
Features
Map
| Virtual Tour: | https://my.matterport.com/show/?m=mPGbCeCxpdm |
| Cumulative DOM: | 609 |
| Price Per SQFT: | 106.16 |
| Year Built: | 1997 |
| Approx Lot Dimension: | 174x150 |
| Leased Land: | Owned |
| Parcel Number: | 014-00437-0201 |
| Tax Year: | 2023 |
| Assessments: | No |
| Foreclosure: | No |
| Unit # 2: | Suite |
| Unit # 3: | Oasis |
| Unit # 4: | T West |
