$3,495,000

264 County Road I, Balsam Lake, WI 54810

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$3,495,000

264 County Road I Balsam Lake, WI 54810 - Balsam Lake

For Sale MLS# 6524056

13,000 sq ftCommercial

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Data current as of 24/04/2024 16:59:34

Details for 264 County Road I

MLS# 6524056

Description for 264 County Road I, Balsam Lake, WI, 54810 - Balsam Lake


Discover a new resort destination with an amazing dining experience combined with Lakeside Lodging on beautiful Balsam Lake, Wisconsin. "Balsam Lake Lodge" is an established bar & restaurant with boutique lakeside lodging on beautiful Balsam Lake in northwestern Wisconsin. The Property offers 10 luxurious suites including a variety of room types, and there is a well-known bar & restaurant with spacious outdoor patio seating on the main floor. The facilities on the Property are well suited for any number of events from corporate retreats to holiday parties and weddings. The Property is nestled on the shore of one of Wisconsin’s most pristine lakes and offers boat rentals and multiple boat slips. Contact listing broker for Offering Memorandum, financials, and other information.

Listing Information


Property Type: Commercial, Resort

Status: Active

Lot Size: 3.17 Acres

Square Feet: 13,000 sq ft

Year Built: 2004

Foundation: 13,000 sq ft

Stories: 2 Stories

Number Of Units Total: 10

Current Use: Commercial,Resort,Restaurant

County: Polk

Days On Market: 84

Construction Status: Previously Owned

School Information


District: 238 - Unity

Interior Features


Accessibility: Other

Additional Interior Features: Ceiling Fan(s)

Utilities


Water: City Water/Connected

Sewer: City Sewer/Connected

Other Utilities: Electric Common

Cooling: Central

Heating: Natural Gas, Forced Air

Exterior / Lot Features


Open Parking: 80

Exterior: Wood

Lot View: Lake

Lot Dimensions: 138085.2

Zoning: Business/Commercial

Topography: Level

Additional Exterior/Lot Features: Patio, Dock, Deck, Land Inclusions - Building,Business,Business Assets,Fixture/Equipment,Land, Road Frontage - Other

Waterfront Details


Boat Facilities: Boat Facilities

Standard Water Body: Balsam Lake

DNR Lake ID: 600020754

Water Front Features: Lake Front

Water Frontage Length: 355 Ft.

Lake Acres: 1,901

Lake Depth: 37 Ft.

Waterfront Slope: Gradual

Community Features


Community Features: Other

Driving Directions


Turn left onto WI-46 N. Turn right onto 150th Ave. Turn left at the 1st cross street onto 130th St. Turn right onto 170th Ave. Turn left into the property.

Financial Considerations


Tax/Property ID: 106003760000

Tax Amount: 17633

Tax Year: 2023

HomeStead Description: Non-Homesteaded

Buyer Broker Compensation: 3.00%

Price Changes


$3,495,000 Original Price
$3,495,000 Current Price
$0Total Change
Date Price Change
04/23/2024 02.48 PM $3,495,000
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The loan's interest rate will depend upon the specific characteristics of the loan transaction and credit profile up to the time of closing.

Sales History

Date Price Change
Currently not available.

Tax Summary

Tax Year Estimated Market Value Total Tax
Currently not available.

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Schools nearby 264 County Road I

Schools in attendance boundaries Grades Distance SchoolDigger® Rating i
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Schools nearby 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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