8562 Sand Lake Rd, Harshaw, WI 54529
This exceptional Northwoods property, situated on 6.75 acres with 732 feet of Muskie Lake frontage, presents a unique investment opportunity. The property comprises five buildings totaling over 5,500 square feet of finished living space, including a year-round cabin and three seasonal cabins. The main building features an additional finished unit and a former bar area. In total, there are 10 bedrooms and 5 full bathrooms. While technically a six-unit condo, the units were never sold, allowing for continued operation as a wholly-owned resort or family compound, with the option to sell individual condo units in the future. The property boasts ample parking with 20 spaces and is zoned for recreational use. Built in 1938, this property offers significant potential for various uses, capitalizing on its prime location and substantial size. The property overlooks state-owned land across the lake, providing additional privacy and scenic views. Further details are available at www.muskielakehideaway.com. Asking price is $899,000.
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The Hideaway Resort Hotel & Motel Resort
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
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