1889 Detroit Harbor Rd, Washington Island, WI 54246

$249,900
List Price
$249,900
Status
ACTIVE
MLS#
137690
Lot Size (Acres)
1.55
Year Built
1962

Property Description

Serving the island's postal needs since 1962, this property offers a solid and recently renewed lease agreement with more favorable lease rate and terms. New lease begins September 2022. High visibility corner location and over 1.5 acres of prime real estate at the core of island's business district which includes neighboring businesses such as Red Cup Coffee, Albatross, and Fair Isle Books. Possibilities for corner development are endless: expansion on existing structure, mobile food vending units, and construction of mixed use/ multi-family/ motel - all are possibilities! Walking distance to Detroit Harbor. Not-to-beat location with highest visibility on the island is perfect for those looking for stable cash flow with development opp.

Additional Information

Area
01-Washington Island
Interior Features
Restroom/Lavatory-One, Storage
School District
Washington Island

Mortgage Calculator

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Calculator source: Real Geeks

Listing courtesy of Transfer Real Estate Services, LLC.