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Madeline Island Investment Opportunity

751 Bell Street La Pointe, WI 54850

751 Bell Street, La Pointe, WI, 54850
$1,290,000
For Sale
Claim this Listing
$1,290,000

Renovated rental units and event center in tourist destination.

Property Size12,152 SF
Price / SF$106.16
AddedJun 30, 2024
Days on Market746
Last RefreshJul 14 at 11:02 am

Property Features for 751 Bell Street

General Information

Standard status
Active
Size
12,152 SF
Property subtype
Commercial Sale / Mixed Use

Building Details

Year Built
1997

Listing office eXp Realty, LLC- WI

Listing date Jun 30, 2024

Source Compass

Displayed information is deemed reliable but is not guaranteed and should be independently verified.

All listing content including descriptions, pricing, images are the copyrighted material of eXp Realty, LLC- WI


Investment Insights

Based on property information with market context.

This mixed-use property, located in the heart of Madeline Island, presents an investment opportunity. The upper level features four tastefully renovated rental units, currently operating as profitable short-term rentals generating year-round income. The main level houses the Bell Street Tavern Event Center, a 6,000 square foot space that was a community gathering place for many years. The space includes a custom-made bar, a floor-to-ceiling Lake Superior stone fireplace, two large dining areas, a band/stage, and a full commercial kitchen. This area offers the potential for various commercial opportunities and could also be suitable for owner occupancy. The property is located within walking distance of area attractions. Madeline Island is a popular tourist destination with a growing community.

Key Highlights

  • Profitable short‑term rental income from 4 renovated upper‑level units.
  • Prime location on Madeline Island, a top tourist destination.
  • Bell Street Tavern Event Center with custom bar and Lake Superior stone fireplace.

Property Analytics

Property Profile Location Intelligence

Current Use by Public Records

Short term rental ...

FAQs

What type of property is this?
Mixed-use property - Renovated rental units and event center in tourist destination.
Where is this mixed-use property located?
The property is located at 751 Bell Street La Pointe, WI.
What is the asking price?
The asking price for this property is $1,290,000.
What are key features of this property?
This property features: Profitable short‑term rental income from 4 renovated upper‑level units.; Prime location on Madeline Island, a top tourist destination.; Bell Street Tavern Event Center with custom bar and Lake Superior stone fireplace.
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