8250 Hwy 57, Baileys Harbor, WI 54202

$1,295,000
List Price
$1,295,000
Status
ACTIVE
MLS#
137314
Lot Size (Acres)
1.9
Year Built
1992

Property Description

Ridges Inn and Suites is in Baileys Harbor within walking distance to the sandy beach, restaurants, marina, breweries, water rental adventures etc. Next door is the Ridges Nature Center which is contiguous to this property. There are 24 rental units total ( home, motel, guest house, log cottage & three rustic cottages). The motel has 14 units. Here is an opportunity to live in the main house and rent out the motel year round. Cottages are not winterized. Present owner has not utilized the year round rental but has continuously increased revenue income. Check out all the quality upgrades. All furniture, furnishings & upgrades included. Square footage is shown for only 3 of the buildings. Years built,1928,1930,1941,1945,1992 per assessor

Additional Information

Area
06-Baileys Harbor
Exterior Features
Sign
School District
Gibraltar

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Calculator source: Real Geeks

Listing courtesy of CB Real Estate Group Egg Harbor.