For more information on this property, contact Mark D. Olejniczak, Realty Inc. at (920) 432-1007 or olejstaff@gmail.com

620 HWY 51 SOUTH
HURLEY, Wisconsin WI 54534
Price: $454,900
Listing ID 50257796
Status Active
Acres 2.180
Year Built 1956

Property Description:

This property is a great business opportunity. It offers a Bar, Restaurant, Motel and Apartment above the Motel. It is located on the UTV/ATV/Snowmobile trails. There are 10 motel rooms with 9 and 10 being a suite. The restaurant/Bar have a fully furnished kitchen and walk in cooler. The dining room has a buffet area and plenty of seating. There are outdoor areas that include horseshoes, and a bon fire pit. The property sits on about 2.18 acres. Land Contract is available, no showings on Wednesdays please.

Primary Features

County: Iron
Property Sub Type: Real Estate
Property Type: Commercial Sale
Year Built: 1956
Zoning: Commerical

Interior

Basement: Partial
Building Features: Building Sign, Fixtures, Inside Storage, Living Space Avail, Offices, Outside Storage, Pole Sign, Security Lighting, Sprinkler Wet
Heating: Central
Number Of Private Restrooms: 11
Number Of Public Restrooms: 1
Restrictive Covenant: Unknown
Stories Total: 12

External

Construction Materials: Brick, Vinyl
Entry Location: Business District,Highway Nearby
Flood Plain: No
Foundation Details: Poured Concrete, Slab
Heating Fuel Type: Natural Gas
Lot Size Source: Seller
Number Of Buildings: 2
Number Of Units Total: 10
Parking Features: Gravel, Paved
Sewer: Municipal Sewer Near
State Or Province: WI
Structure Type: One Story, Two Story
Water Source: Municipal/City

Location

Area Source: Other - See Remarks
Building Area Total: 6812
Directions: Property is located on HWY 51 South in Hurley, Wis. The property is about 55 miles from Minocqua, Wi. It is about 107 miles from Duluth, Minnesota.
High School District: Hurley
Municipality: City of Hurley
Waterfront: no

Financial

Easements: Unknown
Inclusions: Turnkey operation. All furnishings for the hotel, restaurant and bar. Bar games (pool tables, darts, machines) are rented.
Listing Terms: Land Contract, Tenant Occupied/Leased
Price Per Sq Ft: 66.78
Sale Includes: Assets Only,Equipment,Furniture,Inventory,Phone System,Real Estate,Rental Units
Tax Annual Amount: 3240.27
Tenant Pays: Electricity, Heat, Water

Additional

Business Name: Harmels Bear Den
Business Type: Restaurant, Bar/Tavern/Lounge, With Apartment
Mls Status: Active-No Offer
Special Licenses: Beer/Wine, Food, Liquor
Year Built Source: Seller

Zoning Info


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