$695,000

20100 County Highway M

Cable WI, 54821

Description

LOOKING TO ESCAPE THE CITY? Heres an excellent opportunity for an ambitious couple to earn $100K+ while living the Northwoods lifestyle of your dreams! Two businesses in one, this exquisite 7 room guest lodge and award-winning restaurant offers the resiliency needed to navigate these challenging times. Despite the pandemic, net profits for 2020 are on track to equal or exceed previous years. Lodging income alone will more than cover your fixed costs, with boundless possibilities for further developing the restaurant and other revenue streams. Plus what traditional job affords you the opportunity to take a month-long vacation twice a year? Take a close look. There truly is no other resort and hospitality business like this currently available in northern Wisconsin. Ideally situated on 22 private acres in the heart of forest and lake country surrounded by the Chequamegon-Nicolet National Forest.

Details

MLS#1544412
Listing TypeFor Sale
Sub-TypeResale
StatusActive
Year1978
Days On Site140

Features

SQ Feet6,150
Acreage21.96
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Area Information
StateWI
CountyBayfield
CityCable
Zip Code54821
Area56 - Drummond Schl Dist
Listing VS Median (in 54821)
Price:
$695,000
low | high
Med:
$149,950
100% of Average
SqFt:
6,150
low | high
Med:
0
100% of Average
$ / SqFt:
$113
low | high
Med:
$0
100% of Average
On Site:
140
low | high
Med:
516.5
27.105517909003% of Average
Listing Updated: December 2, 2020 2:40:27 PM PST
William Brakken LogoMLS Number: 1544412
Listing Provided By:
William Brakken  of  Lakeplace.com Birchwood
MLS Internet Data Exchange (IDX) information is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing, and that the data is deemed reliable but is not guaranteed accurate by the Realtors Association of Northwestern Wisconsin