Address
20100 County Hwy M Cable, WI
Price
$ 695,000
Property Attributes
  • MLS#6093902
  • TypeCommercial
  • CountyBAYFIELD
  • CityCable
  • AreaCable
  • NeighborhoodNamakagon township
  • Zip54821
  • StyleResort
  • Year Built1978
  • Taxes3512
  • Price$ 695,000
  • Bedrooms0
  • Full Bathrooms0
  • Half Bathrooms0
  • Lot Size21.96 Acres
Listing Provided Courtesy Of:
Lakeplace.com/Birchwood
Property Description

LOOKING TO ESCAPE THE CITY? Here’s an excellent opportunity for an ambitious couple to earn $100K+ while living the Northwoods lifestyle of your dreams! Two businesses in one, this exquisite 7 room guest lodge and award-winning restaurant offers the resiliency needed to navigate these challenging times. Despite the pandemic, net profits for 2020 are on track to equal or exceed previous years. Lodging income alone will more than cover your fixed costs, with boundless possibilities for further developing the restaurant and other revenue streams. Plus what traditional job affords you the opportunity to take a month-long vacation twice a year? Take a close look. There truly is no other resort and hospitality business like this currently available in northern Wisconsin. Ideally situated on 22 private acres in the heart of forest and lake country surrounded by the Chequamegon-Nicolet National Forest.

Price History
10/31/2020 Listed $695,000

General Features

Cooling Central, Window
Heating Baseboard, Boiler, Fireplace, Forced Air, Radiant, Hot Water, Propane
Roof Asphalt Shingles
School District Drummond Area (WI) #1491

Exterior Features

Latitude 46.202952
Longitude -91.151372
Exterior Wood

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Master On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Zip Code Average in 54821

Price
AVG $520K
$700K
Taxes
AVG $2,869
$3,512
Visits
AVG 1
5
Year Built
AVG 1876
1978

Looking for a more comfortable experience?

Download our mobile app for a personalized browsing experience.