Rib Lake, WI 54470,720 HWY 102

$280,000

Est. payment /mo

$299,000

6.4%
Est.Price: ?

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720 HWY 102 Rib Lake, WI 54470

12 Beds

16 Baths

10,000 SqFt

SOLD DATE : 04/14/2021

Key Details

Sold Price $280,000

Property Type Commercial

Sub Type Hotel/Motel

Listing Status Sold

Purchase Type For Sale

Square Footage 10,000 sqft

Price per Sqft $28

MLS Listing ID 181092

Sold Date 04/14/21

Bedrooms 12

Full Baths 16

HOA Y/N No

Annual Tax Amount $10,206

Tax Year 2020

Lot Size 2.250 Acres

Property Sub-Type Hotel/Motel

Property Description

An Entrepreneurs Dream. Excellent opportunity to own your own Business. Camp 28 is famous because it is located on the original turn of the century Logging Camp 28 site. Camp is comprised of Bar/Restaurant/Motel/Banquet Hall. It has 2 Bars, 2 Kitchens, 2 spacious dining areas seating up to 300 guests, 12 Motel Rooms and more than ample storage. Property is located on Hwy 102, set on the north shore of Rib Lake overlooking the water. It is adjacent to the ball diamond, park, and is walking distance to town. It is also directly on the ATV trail, snowmobile trail, and has boating access from the lake. Structure is well maintained and sound. All equipment is operational. Roof, HVAC, etc. are nearly new and many upgrades are less than 5 years old. If you are looking for a great opportunity to own your own business with great income potential, here's your chance!

Location

State WI

County Taylor

Community Sidewalks

Direction 1/4 mile east of Main St., Rib Lake

Rooms

Other Rooms Living Quarters

Interior

Heating Forced Air, Natural Gas, Wall Furnace

Cooling Central Air, Wall/Window Unit(s)

Flooring Carpet, Concrete, Laminate, Vinyl

Fireplace No

Exterior

Exterior Feature Handicap Accessible

Parking Features Handicap, Paved, Private

Community Features Sidewalks

Utilities Available Cable Available, High Speed Internet Connected, Phone Available

Water Access Desc Public

Roof Type Composition,Shingle

Street Surface Paved

Accessibility Wheelchair Access

Road Frontage Highway

Building

Story 2

Sewer Public Sewer

Water Public

Additional Building Living Quarters

Others

Tax ID 176-00482-0001

Security Features Fire Alarm

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Listed by REDMAN REALTY GROUP, LLC
Bought with NON-MEMBER
agent

Colleen Gerke

Advisor | License ID: SL3481902

+1(904) 866-1211

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