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Key Details
Sold Price $375,000
Property Type Commercial
Listing Status Sold
Purchase Type For Sale
MLS Listing ID 6112967
Sold Date 05/03/24
Year Built 1970
Annual Tax Amount $5,482
Tax Year 2023
Lot Size 0.410 Acres
Acres 0.41
Property Description
Business opportunity just in time for the upcoming bustling summer season on Madeline Island! The Ferry Landing Suites are located in the heart of downtown La Pointe and right across from Lake Superior, making them a very popular vacation rental. The Ferry Landing consists of three suites and one studio: the Island Queen, the Bayfield, the Niche, and the Windsled. All suites feature open floor plans with spacious living and dining rooms, two bedrooms/one bathroom, and fully equipped kitchens. In addition, each suite has a private deck with lake or downtown views (with the Bayfield offering two decks). The large Windsled studio has all the essentials and could remain a rental unit or get transformed into a retail space. With its prime location, commercial zoning and excellent seasonal income, this property makes a great investment - don't miss out on it!
Location
State WI
County Ashland
Building
New Construction N
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