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5254 Hwy 51

Manitowish Waters, WI 54545
  • $519,000
  • STATUS: Active Under Contract
  • ON SITE: 226 Days
  • MLS #: 206355
Under Contract
UPDATED: 52 min ago
$519,000
  • 5
    BEDS
  • 1.16
    ACRES
  • 5
    BATHS
  • 0
    1/2 BATHS
  • 5,760
    SQFT
  • $90
    $/SQFT
Type:
Commercial
Built:
1983
County:

School Ratings & Info

Description

Short-term rentals for start-up businesses with a long-term publishing tenant occupying 4/10's of the total square footage on the ground floor. Two residential apartments occupy the second floor. One 2 bedroom and one 3 bedroom, both in excellent condition with long-term tenants. All rents are significantly below the market and should easily tolerate increases. Additional vacant space south of building for possible outdoor market, landscaping business, etc.

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© 2024 Northwoods Association of REALTORS® & Greater Northwoods MLS. All rights reserved. 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. Information is deemed reliable but is not guaranteed accurate by the MLS or Dream North Real Estate, eXp Realty, LLC. Data last updated: 2024-12-05T19:07:24.177.
www.dreamnorthre.com/homes/149747665
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5254 Hwy 51 Manitowish Waters, WI 54545

  • Price: $519,000
  • Status: Active Under Contract
  • On Site: 226 Days
  • Updated: 52 min ago
  • MLS #: 206355
5
Beds
5
Baths
0
½ Baths
1.16
Acres
5,760
SQFT
$90
$/SQFT
1983
Built
County:
Vilas
Area:
Manitowish Waters
Property Description
Short-term rentals for start-up businesses with a long-term publishing tenant occupying 4/10's of the total square footage on the ground floor. Two residential apartments occupy the second floor. One 2 bedroom and one 3 bedroom, both in excellent condition with long-term tenants. All rents are significantly below the market and should easily tolerate increases. Additional vacant space south of building for possible outdoor market, landscaping business, etc.
Exterior Features

Construction Materials Frame Log Stone Parking Features Paved Private Shared Driveway Roof Composition Shingle

Interior Features

Flooring Laminate Mixed Vinyl Wood Heating Hot Water Natural Gas Heating YN Yes

Property Features

Direction Faces West Frontage Length 0 Inclusions Real Estate Only Ownership Type Fee Simple Property Sub Type Office Property Sub Type Additional Office Multi Family Public Survey Range 5 E Public Survey Section 24 Public Survey Township 42 N Road Frontage Type Highway Sewer Conventional Sewer Tax Annual Amount 2332 Tax Year 2023 Township VI Manitowish Waters Waterfront YN No

Listing information © 2024 Northwoods Association of REALTORS® & Greater Northwoods MLS.
Listing provided courtesy of Rick Ernst of HEADWATERS REAL ESTATE: (715) 686-2481.



© 2024 Northwoods Association of REALTORS® & Greater Northwoods MLS. All rights reserved. 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. Information is deemed reliable but is not guaranteed accurate by the MLS or Dream North Real Estate, eXp Realty, LLC. Data last updated: 2024-12-05T19:07:24.177.
 
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Dream North Real Estate, eXp Realty, LLC
7750 US Hwy 51, Suite C
Minocqua WI, 54548