16025 S Crystal Lake Road Wascott, WI $ 950,000
16025 S Crystal Lake Road
$ 950,000
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16025 S Crystal Lake Road

Wascott, WI, 54838
$ 950,000
Baths0.0 Sq 3,500

Monthly Estimate*

$ 6,636

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Studio

Commercial Property for sale in Wascott, WI

for $950,000. This 3,500 square foot building was built in 1992 on a lot size of 3.15.

Here is an opportunity to be your own boss and take control of your future. Very successful bar & grill with great reputation for quality food & drinks which was built in 2000. Live on sight in the main floor level 2BR apartment for additional savings. 4 unit motel re-opened this past year & has been completely rented out most weekends; property is licensed for 25 camper sites. Currently they have 12 long term renters that keep everything looking great. Plus you could have tent rental area closer to the lake with the public bathroom in the motel. Prefect opportunity to develop additional income on the shoreline with the implementation of boat slip & jet ski rentals. Make your business ideas your dream job and enjoy lake life on Crystal Lake with excellent sand beach with amazing sunsets.

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Commercial Active

Price

$ 950,000

Bedrooms

Studio

Property Type

Commercial

Taxes

$ 6,604

Style

Lot Size

3.15

Year Built

1992

Town/City

Wascott

County/Region

Douglas

MLS | Web ID

6406997

Features
General
Sewer Private Sewer
Heating Ductless Mini-Split Forced Air
Cooling Central Air Ductless Mini-Split
Utilities Electric Common Electric Separate Heating Common Heating Separate Hot Water Common Hot Water Separate
Roof Age Over 8 Years Age 8 Years or Less Asphalt Metal
Appliances Cooktop Dishwasher Electric Water Heater Exhaust Fan Freezer Fuel Tank - Owned Fuel Tank - Rented Water Filtration System Indoor Grill Microwave Range Refrigerator Stainless Steel Appliances Water So
Garage Spaces 2
Construction Materials Fiber Board Metal Siding Vinyl Siding Wood Siding
Year Built 1992
Tenant Pays Electricity
View Lake North Panoramic South West
Topography High Ground Level Sloped
Levels Two
Tax Year 2023
Current Use Commercial Food Service Hotel/Motel Office Recreational Restaurant Resort Bar/Tavern
Waterfront Features Dock Lake Front Lake View
Accessibility Doors 36 + Grab Bars In Bathroom Other Partially Wheelchair
County Douglas
Property Type Commercial Sale
Association Amenities Beach Dock
Contingency None
Possible Use Other Rest/Lounge Restaurant Investment Bar/Tavern Motel/Hotel
Directions North of Hwy T on S. Crystal Lake Rd. to property on left side at the first bend.
City Wascott
Buyer Agent Compensation 2.00
Body of Water Crystal Lake
High School District Northwood
Zoning Description Business/Commercial
Total Units 5
Waterfront Y/N Y
Street Name Crystal Lake
Land Lease Y/N N
Tax Annual Amount 6604
Additional Parcels Y/N N
Days on Market 106
Standard Status Active
Lender Owned No
Amenities Unit Dock
Buyer Agent Compensation Type %
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Interior
Basement Slab
Basement (Y/N) N
Street Suffix Road
Ceiling Height 11-15
Fuel Propane
Garage Dimensions 20x22
Lake Acres 291
Waterfront Feet 230
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Exterior
Parking Features Gravel Gravel Open
Lot Features Accessible Shoreline Irregular Lot Tree Coverage - Medium
Water Source Submersible - 4 Inch Well
Inclusions Building Business Fixture/Equipment Land
Lot Size Area 3.15
Building Area Total 3500
Lot Dimensions 227x595x323x458
Lot Size Units Acres
Foundation Area 3500
Road Frontage Type Paved Streets Township
Road Responsibility Public Maintained Road
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Internal Only
Street Number 1 16025
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* Excluded Features
List By
Re/Max Select, Inc.

Broker

lonnieness@gmail.com

Email

Affordability Calculator

$7,186
Per Month
92%
8%
0%
Monthly Principal & Interest
$6,636
Monthly Property Taxes
$550
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 7.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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The time to sell is now
THE TIME TO SELL IS NOW!
Nearby
708315 Elementary School
708483 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
7/26/2023$950,000 Listed Price

Map


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16025 S Crystal Lake Road, Wascott, WI, 54838 is a Commercial Property for sale at $950,000 with 3,500 sqft and a lot size of 3.15. 16025 S Crystal Lake Road is a studio with 0.0 baths and was built in 1992. The property's zip code is 54838 which is in Wascott, WI