$460,000
$519,000
11.4%For more information regarding the value of a property, please contact us for a free consultation.
5254 HWY 51 Manitowish Waters, WI 54545
5 Beds
5 Baths
5,760 SqFt
Key Details
Sold Price $460,000
Property Type Commercial
Sub Type Office
Listing Status Sold
Purchase Type For Sale
Square Footage 5,760 sqft
Price per Sqft $79
MLS Listing ID 206355
Sold Date 12/20/24
Bedrooms 5
Full Baths 5
HOA Y/N No
Year Built 1983
Annual Tax Amount $2,332
Tax Year 2023
Lot Size 1.160 Acres
Lot Dimensions 250x346
Property Sub-Type Office
Property Description
Short-term rentals for start-up businesses with a long-term publishing tenant occupying 4/10's of the total square footage on the ground floor. Two residential apartments occupy the second floor. One 2 bedroom and one 3 bedroom, both in excellent condition with long-term tenants. All rents are significantly below the market and should easily tolerate increases. Additional vacant space south of building for possible outdoor market, landscaping business, etc.
Location
State WI
County Vilas
Direction From Manitowish Waters Hwy W to Hwy 51. South on Hwy 51 4.6 miles. Property on the left.
Interior
Heating Hot Water, Natural Gas
Flooring Laminate, Mixed, Vinyl, Wood
Fireplace No
Exterior
Parking Features Paved, Private, Shared Driveway
Roof Type Composition,Shingle
Road Frontage Highway
Building
Faces West
Story 2
Sewer Conventional Sewer
Others
Tax ID 01601-2170-0005
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Bought with HEADWATERS REAL ESTATE