Description
Own a piece of Iconic Bayfield WI, Lucys Place is an established bed and breakfast, featuring 4 ensuites for rent, and a separate owners wing. Each ensuite features a private bath with jetted tub. in Lake superiors views from the garden, or walk a few blocks and be immersed in the shops and water front of this picturesque tourism hot spot. The property includes several additions and updates, including solar panels, upgrades in energy efficiency , and mechanical updates. This property operates at an 11.5% cap rate, making it an excellent investment opportunity. At just under 3800 square feet, it would also make an amazing north shore vacation property, with room to spare for friends and family.
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0BEDS
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0.33ACRES
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0BATHS
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01/2 BATHS
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2,997SQFT
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$209$/SQFT
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Listing courtesy of Re/Max Professionals.Description
Own a piece of Iconic Bayfield WI, Lucys Place is an established bed and breakfast, featuring 4 ensuites for rent, and a separate owners wing. Each ensuite features a private bath with jetted tub. in Lake superiors views from the garden, or walk a few blocks and be immersed in the shops and water front of this picturesque tourism hot spot. The property includes several additions and updates, including solar panels, upgrades in energy efficiency , and mechanical updates. This property operates at an 11.5% cap rate, making it an excellent investment opportunity. At just under 3800 square feet, it would also make an amazing north shore vacation property, with room to spare for friends and family.
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