a Berkshire Hathaway affiliate

$695,000

20100 County Hwy M, Cable


20100 County Hwy M Cable, WI 54821

For Sale MLS# 6076912

Commercial

Data current as of {{getLocalTime('2019-12-05T20:18:58Z')}}

Details

MLS# 6076912

Description for 20100 County Hwy M, Cable, WI, 54821


TWO SUCCESSFUL BUSINESSES IN ONE! Exquisite 7 room guest lodge & award-winning casual fine dining restaurant in the heart of NW Wisconsin's Chequamegon-Nicolet National Forest. A cutting edge hospitality business catering to the desires of today's discriminating leisure traveler. TripAdvisor 4.5, AAA 3 Diamond rating. Includes land & buildings + all furniture/fixtures/equip (excl F&B inventory & wildlife photography gallery). Priced to sell at ~20% under FMV. This is an excellent opportunity for an ambitious couple to operate their own well-established and profitable business in the beautiful forest and lake country of northwest Wisconsin. The ideal partnership will consist of an experienced chef eager to showcase his/her artistry to an existing customer base accustomed to unique, freshly prepared cuisine. Plus a spouse/partner with an aptitude for overseeing the front of house, guest rooms, marketing, finances, and all related management functions. The combined lodge and restaurant business has a demonstrated 11+ year track record of financial success being operated by a single proprietor with no culinary background. This was accomplished by relying on a full-time salaried chef, plus servers and housekeeping staff. Yet its true value and profitability has yet to be fully realized to the extent it will when owned and operated by a chef/manager team.

Listing Information


Property Type: Commercial

Status: Active

Lot Size: 21.96 Acres

Square Feet:

Year Built: 1978

Foundation:

Garage: No

Stories: 2

Construction: Frame/Wood

Property Attached: No

Date Available:

Model Home:

Development:

Completion date:

Subdivision:

Builder:

Foundation:

Total Units: 7

Current Use:

Background Check: No

Furnished:

Smoking Permitted: No

In Foreclosure: No

Lender Owned: No

Potential Short Sale: No

Auction: No

County: Bayfield

HERS Score:

Construction Status:

School Information


District: Drummond Area (WI) #1491

Elementary:

Middle:

High:

Interior Features


Square Footage above:

Square Footage below:

Flooring:

Additional Interior Features: Bar Area, Smoke Detectors, Fire Alarm, Kitchen Area, Restrooms

Utilities


Water: Private

Sewer: Private, Drain Field

Available Utilities:

Other Utilities:

Cooling: Central, Window

Heating: Boiler, Hot Water, Baseboard, Fireplace, Forced Air, Radiant, Propane

Exterior / Lot Features


Parking Description: Off Street Parking, Driveway - Gravel, Uncovered/Open

Exterior: Wood

Roof: Asphalt Shingles

Lot View:

Lot Dimensions: 1050 x 825

Farm Type:

Crop Type:

Zoning:

Additional Exterior/Lot Features: Road Frontage - Paved, County Highway

Soil Type:

Tillable Acres:

Community Features


Security Features: Security Lighting

Pets Allowed: No

Association Name:

Driving Directions


7 miles E of Cable on County Hwy M

Financial Considerations


Other Deposit Fees:

Covenants/Deed Restrictions:

Terms: Cash,Conventional,Small Business Admin.

Tenant Pays:

Owner Pays:

Ownership Type:

Tax/Property ID: 24763

Tax Amount: $3,061

Tax Year: 2018

HomeStead Description:

Sales History

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Schools nearby 20100 County Hwy M

Schools in attendance boundaries Grades Distance SchoolDigger® Rating i
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The schools shown represent both the assigned schools and schools by distance based on local school and district attendance boundaries. Attendance boundaries change based on various factors and proximity does not guarantee enrollment eligibility. Please consult your real estate agent and/or the school district to confirm the schools this property is zoned to attend. Information is deemed reliable but not guaranteed.

SchoolDigger® Rating

The SchoolDigger rating system is a 1-5 scale with 5 as the highest rating. SchoolDigger ranks schools based on test scores supplied by each state's Department of Education. They calculate an average standard score by normalizing and averaging each school's test scores across all tests and grades.

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Status Definitions

For sale: Properties which are available for showings and purchase

Active contingent: Properties which are available for showing but are under contract with another buyer

Pending: Properties which are under contract with a buyer and are no longer available for showings

Sold: Properties on which the sale has closed.

Coming soon: Properties which will be on the market soon and are not available for showings.

Contingent and Pending statuses may not be available for all listings