201 STEELE Street Algoma, WI $ 875,000
201 STEELE Street
$ 875,000
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201 STEELE Street

Algoma, WI, 54201
$ 875,000
Baths0.0 Sq 12,844

Monthly Estimate*

$ 6,112

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Studio

Commercial Property for sale in Algoma, WI

for $875,000. This 12,844 square foot building was built in 1857 on a lot size of 0.21.

Great opportunity in a quaint waterfront town! Interested in short or long term rentals? This thoughtfully updated historic hotel, restaurant & bar w/modern amenities awaits you! Beautiful rooms & suites to accommodate up to 6 people. 4 bdrm, 2 ba third floor suite offers views of the water. Just two blocks from Lake Michigan & Crescent Beach. Guests will love to walk the waterfront boardwalk & beach or visit the winery, brewery, art studios, boutique shops & nearby Door County, the Cape Cod of the Midwest! Original bldg built in 1857 w/majority of space built in 1905. Financials available upon request/with offer. Bar/restaurant inventory not included but can be purchase separately w/Bill of Sale. Furnishings in hotel rooms/suites included. Seller will assist w/transition for 30 days.

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Commercial Active

Price

$ 875,000

Bedrooms

Studio

Property Type

Commercial

Taxes

$ 5,587

Style

For Sale Real Estate

Lot Size

0.21

Year Built

1857

Town/City

Algoma

County/Region

Kewaunee

MLS | Web ID

50275960

Features
General
Sewer Municipal Sewer Near
Heating Central Forced Air Hot Water Window Unit(s) Zoned
Zoning Commercial
Construction Materials Brick Stone Wood/Wood Shake/Cedar
Year Built 1857
Property SubType Real Estate
Business Type Restaurant Bar/Tavern/Lounge
Business Name Hotel Stebbins
County Kewaunee
Property Type Commercial Sale
Status Active-No Offer
Directions From Sturgeon Bay Cty S south to Algoma. Follow to Steele St. Hotel is on the corner.
City ALGOMA
Entry Location Corner
High School District Algoma
Waterfront Y/N N
Street Name STEELE
Tax Annual Amount 5587.1
Structure Type Historical Building
Standard Status Active
Year Built Source Public Records
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Interior
Basement Full
Total Stories 3
Street Suffix Street
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Exterior
Parking Features On Site Street Parking
Water Source Municipal/City
Foundation Details Stone
Building Area Total 12844
Lot Size Acres 0.21
Frontage Length 239
Lot Size Source Assessor
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* Excluded Features
List By
Heidi Neubauer

Listing Agent

Era Starr Realty

Broker

heidineubauer@erastarr.com

Email

Affordability Calculator

$6,578
Per Month
93%
7%
0%
Monthly Principal & Interest
$6,112
Monthly Property Taxes
$466
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
2118832 Elementary School
2118946 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
6/6/2023$875,000 Listed Price

Map


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201 STEELE Street, Algoma, WI, 54201 is a Commercial Property for sale at $875,000 with 12,844 sqft and a lot size of 0.21. 201 STEELE Street is a studio with 0.0 baths and was built in 1857. The property's zip code is 54201 which is in Algoma, WI