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Active
$950,000
/mo Edit
Commercial:  2 Stories
Built 1992
3.15 acres
Northwood schools
MLS# 6406997
My rating:
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    Property Description

    Here is an opportunity to be your own boss and take control of your future. Very successful bar & grill with great reputation for quality food & drinks which was built in 2000. Live on sight in the main floor level 2BR apartment for additional savings. 4 unit motel re-opened this past year & has been completely rented out most weekends; property is licensed for 25 camper sites. Currently they have 12 long term renters that keep everything looking great. Plus you could have tent rental area closer to the lake with the public bathroom in the motel. Prefect opportunity to develop additional income on the shoreline with the implementation of boat slip & jet ski rentals. Make your business ideas your dream job and enjoy lake life on Crystal Lake with excellent sand beach with amazing sunsets.

    Listing

    Contingency: None
    City: Wascott
    County: Douglas
    State: WI
    Property Style: 2 Stories
    Zip Code: 54838

    Interior

    Ceiling Height: 11-15
    Appliances Included:
    • Cooktop
    • Dishwasher
    • Electric Water Heater
    • Exhaust Fan
    • Freezer
    • Fuel Tank - Owned
    • Fuel Tank - Rented
    • Indoor Grill
    • Microwave
    • Range
    • Refrigerator
    • Stainless Steel Appliances
    • Water Filtration System
    • Water Softener Owned
    Basement Details: Slab

    Exterior

    Stories: Two
    Garage Spaces: 2
    Garage Dimensions: 20x22
    Other Parking Spaces: 40
    Air Conditioning: Central Air, Ductless Mini-Split
    Foundation Size: 3,500 ft2
    Handicap Accessible: Doors 36"+, Grab Bars In Bathroom, Other, Partially Wheelchair
    Road Responsibility: Public Maintained Road
    Heating System:
    • Ductless Mini-Split
    • Forced Air
    Parking Features:
    • Gravel
    • Gravel
    • Open
    Shared Amenities:
    • Beach
    • Dock
    Unit Amenities: Dock
    Road Frontage:
    • Paved Streets
    • Township
    Exterior Material:
    • Fiber Board
    • Metal Siding
    • Vinyl Siding
    • Wood Siding
    Roof Details:
    • Age 8 Years or Less
    • Age Over 8 Years
    • Asphalt
    • Metal

    Rooms

    Shared Rooms: Play Area

    Lake & Waterfront

    Waterfront Present: Y
    Waterfront Name: Crystal Lake
    Waterfront View: Lake, North, Panoramic, South, West
    DNR Lake ID#: 600004313
    WF Frontage: 230
    Elev Highpt to WF feet: 4-10
    Waterfront Slope: Gradual
    Lake Chain Name: N
    Lake Acres: 291
    Lake Depth: 22
    Waterfront:
    • Dock
    • Lake Front
    • Lake View
    Lake Bottom:
    • Excellent Sand
    • Hard
    • Sand

    Lot & Land

    Acres: 3.15
    Geolocation: 46.18554800, -91.94526151
    Inclusions: Building, Business, Fixture/Equipment, Land
    Lot Dimensions: 227 x 595 x 323 x 458
    Zoning: Business/Commercial
    Lot Description:
    • Accessible Shoreline
    • Irregular Lot
    • Tree Coverage - Medium

    Farm

    Topography: High Ground, Level, Sloped

    Schools

    School District: 3654
    District Phone: 715-466-2297

    Expenses

    Tenant Expenses: Electricity

    Financial & Taxes

    Tax Year: 2023
    Annual Taxes: $6,604
    Lender-owned: No
    Assessment Pending: Unknown
    Taxes w/ Assessments: $6,604

    Units

    Total Units: 5

    Miscellaneous

    Current Use:
    • Bar/Tavern
    • Commercial
    • Food Service
    • Hotel/Motel
    • Office
    • Recreational
    • Resort
    • Restaurant
    Fuel System: Propane
    Sewer System: Private Sewer
    Available Utilities:
    • Electric Common
    • Electric Separate
    • Heating Common
    • Heating Separate
    • Hot Water Common
    • Hot Water Separate
    Water System:
    • Submersible - 4 Inch
    • Well

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    Local Home Mortgage Professionals

    651-253-2144
    Jason & Kim Stone
    Branch Manager & Co-Branch Manager
    Fairway Mortgage    NMLS#1018649
    Jason Stone joined Fairway Independent Mortgage Corporation in October 2017, as a Producing Branch Manager with over 15 years of experience in the mortgage industry. Throughout his career, Jason has originated over $500,000,000 in residential loan volume and has helped several thousand customers with their home financing needs. Jason was named Minneapolis Magazine: Super Mortgage Professional in 2018-2023, Scotsman Guide: Top Mortgage Originator 2019-2022, and Minnesota Housing: Platinum Leander. He is also a retired volunteer firefighter for the city of Mendota Heights, MN which is one of the reasons he’s a Home for Heroes affiliate lender.

    Kim Stone joined Fairway Independent Mortgage Corporation in August 2021, as Co-Branch Manager and Loan Officer. Kim leverages her previous experience as a leader in the non-profit sector to provide care and support throughout each home financing transaction. She has a bachelor’s degree in Communication and Marketing from Minnesota State University, Mankato and a master’s degree in International Business from Nova Southeastern University in Ft Lauderdale, FL.

    Leveraging more than 20 years of combined industry experience, the Stone Mortgage Team of Fairway Independent Mortgage Corporation, considers customer service as a way of life. Not only are we dedicated to finding great rates for our customers, but we also offer some of the fastest turn times in the industry. We pride ourselves on being personable, knowledgeable, accessible and reliable. Financing a home is one of the biggest commitments you will ever make - let us help guide you throughout the entire loan process from application to closing and beyond.
    It would be our pleasure to assist you with your home purchase!

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