$695,000

20100 County Highway M

Cable WI, 54821

Description

LOOKING TO ESCAPE THE CITY? Excellent opportunity for ambitious couple to operate their own well-established and profitable hospitality business with 15+ year successful track record catering to the desires of today’s discriminating leisure traveler. TWO BUSINESSES IN ONE, this exquisite 7 room guest lodge and award-winning restaurant offers the resiliency needed to navigate these challenging times. Ideally situated on 22 private acres with walking trails adjacent to National Forest land in heart of NW Wisconsin’s forest & lake country. The 6,400 sq ft building originally was built in 1978 and completely remodeled from 2005-2008 (including full ADA compliance). The entire space is distinctive in its use of rough sawn cedar, knotty pine, and reclaimed Douglas Fir. An outdoor patio with native plant landscaping, covered pavilion, and music stage is popular for concerts and al fresco dining during summer/early autumn. Priced to sell at ~20% under FMV including all furniture/fixture/equip.

Details

MLS#1544412
Listing TypeFor Sale
Sub-TypeResale
StatusActive
Year1978
Days On Site77

Features

SQ Feet6,150
Acreage21.96

Market Activity 54821

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Area Information
StateWI
CountyBayfield
CityCable
Zip Code54821
Area56 - Drummond Schl Dist
Listing VS Median (in 54821)
Price:
$695,000
low | high
Med:
$155,000
100% of Average
SqFt:
6,150
low | high
Med:
919
100% of Average
$ / SqFt:
$113
low | high
Med:
$169
2% of Average
On Site:
77
low | high
Med:
156
49.358974358974% of Average
Listing Updated: 09/30/2020
William Brakken LogoMLS Number: 1544412
Listing Provided By:
William Brakken  of  Lakeplace.com Birchwood
MLS Internet Data Exchange (IDX) information is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing, and that the data is deemed reliable but is not guaranteed accurate by the Realtors Association of Northwestern Wisconsin