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751 Bell St 12,152 SF Vacant Retail Building La Pointe, WI 54850 $1,755,058 CAD ($144.43 CAD/SF)



Executive Summary
Excellent investment opportunity, in the heart of Madeline Island. The upper level has 4 rental units that have all been tastefully renovated. Profitable short-term rentals that create year-round income. The Bell Street Tavern Event Center located on the main level was a staple in the community for many years. Beautiful custom-made bar sits across the room from a floor to ceiling Lake Superior stone fireplace, two large dining areas and a band/stage. Full commercial kitchen. This 6,000. Sq Ft area can be reimagined to have a multitude of other commercial opportunities. Owner occupy is also an option with this multi-income property. A very popular location within walking distance of area attractions. Madeline Island is a top tourist destination, and a growing community that’s looking for a commercial investor with a vision for the future.
Property Facts
Sale Type
Investment or Owner User
Property Type
Retail
Property Subtype
Restaurant
Building Size
12,152 SF
Building Class
C
Year Built
1992
Price
$1,755,058 CAD
Price Per SF
$144.43 CAD
Percent Leased
Vacant
Tenancy
Multiple
Building Height
2 Stories
Building FAR
0.28
Lot Size
0.98 AC
Zoning
C-1
Parking
10 Spaces (0.82 Spaces per 1,000 SF Leased)
Space Availability
- Space
- Size
- Space Use
- Position
- Available
*** Building is also available for Sale
| Space | Size | Space Use | Position | Available |
| 1st Floor | 6,076 SF | Restaurant | - | Now |
1st Floor
| Size |
| 6,076 SF |
| Space Use |
| Restaurant |
| Position |
| - |
| Available |
| Now |
1 of 9
Videos
Matterport 3D Exterior
Matterport 3D Tour
Photos
Street View
Street
Map
1st Floor
| Size | 6,076 SF |
| Space Use | Restaurant |
| Position | - |
| Available | Now |
*** Building is also available for Sale
Somewhat walkable
30/100
Exceptionally drivable
100/100
Fairly bikeable
50/100
Property Taxes
| Parcel Number | 014-00437-0201 | Improvements Assessment | $1,073,902 CAD |
| Land Assessment | $47,869 CAD | Total Assessment | $1,121,771 CAD |
Property Taxes
Parcel Number
014-00437-0201
Land Assessment
$47,869 CAD
Improvements Assessment
$1,073,902 CAD
Total Assessment
$1,121,771 CAD
1 of 15
Videos
Matterport 3D Exterior
Matterport 3D Tour
Photos
Street View
Street
Map
Presented by
751 Bell St
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