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Property profile & analytics
OFF-MARKET
Retail properties & Spaces

809 Ft Rd La Pointe, WI 54850

1,500 SF Built 1900
Property ID
Property summary
AI-generated overview

This exceptional investment opportunity presents a unique chance to own a 1,500 square foot, two-unit office building situated on Madeline Island in Wisconsin. Located at 809 Fort Rd, La Pointe, WI 54850, this property boasts a prime location, just past the Beach Club and directly on the shores of Lake Superior. The building, constructed in 1900, is classified as a Class C property and is currently vacant, offering immediate potential for lease income or owner-occupancy. The address provides convenient access, directly off the ferry. The property consists of one building with a total of 1,500 square feet, divided into two separate units, ideal for a variety of uses. The asking price for this unique island property is $995,000. This presents a rare opportunity to acquire a commercial property with direct Lake Superior frontage, offering both investment potential and the allure of island living. The property's location offers unparalleled views and access to the natural beauty of Lake Superior. This is a truly exceptional opportunity for an investor seeking a unique and high-potential property in a desirable location. The building's traditional office subtype provides a solid foundation for a variety of business ventures. Don't miss this chance to own a piece of Madeline Island's unique charm and commercial real estate market.

Property profile
Verified
Property type Retail properties & Spaces
Year built 1900
Total area 1,500 SF
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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