1982 Hwy 45
Eagle River, WI 54521
MLS #167285

Commercial
  • 3.03acres
  • 35,000sq ft
  • DUCKLake
$1,270,000
Est. P&I payment: $4850.54/mo
1982 Hwy 45, Eagle River, WI 54521
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Description for 1982 Hwy 45, Eagle River, WI 54521
Profitable business accommodations business on the shores of Duck Lake on the famed Eagle River Chain of Lakes. This 29-unit lodge with an adjoined three-bedroom two bath living quarters has an excellent occupancy history and cash flows. The Hiawatha has very strong repeat business from year to year with large groups and families booking the next years week upon departure. It is an established area landmark that serves all four seasons of recreation the area has to offer. It has direct lake access with a dock system to accommodate guest's boats and is located directly on the snowmobile trail. There is a large welcoming lobby with a game area and a lower level meeting/movie room. A great new revenue stream is the pontoon, kayak, and paddle-board rentals. There is a huge attached garage area (the old pool area) that can serve as motorcycle/snowmobile indoor parking and plenty of trailer parking. The neighboring restaurant has recently been purchased an is being renovated.
MLS #167285
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My Notes for MLS #167285

General Features

  • Total Square Feet: 35,000
  • Acres: 3.03
  • Number of Stories: 1

Exterior Features

  • Exterior Finish: Log/Siding
  • Roofing Materials: Metal
  • Construction Material: Frame/Stick
  • Lot Features: Lake Front,​Level,​On Snowmobile Trl,​Easy Access
  • Lot Size in Square Feet: 131,987
  • Lake Size in Acres: 108
  • Shoreline: Sand
  • Parking Types: Private over 10
  • Road Frontage in Feet: 331

Interior Features

  • Number of Units in Building: 29
  • Flooring: Mixed

Utilities Features

  • Utilities Available: Cable TV,​Circuit Breakers,​Phone,​Internet Ready
  • Water Utilities: Drilled Well
  • Sewer Utilities: Septic Installed
  • Fuel: Natural Gas
  • HVAC: Forced Air

Financial Features

  • Amount of Taxes: 3,521

Community Features

  • County: Vilas
  • Township: VI Lincoln
  • Lake Name: DUCK
  • Lake Chain: Eagle River
  • Access Road: State Hwy,​Paved Road

Misc Features

  • Additional Features: Reception Area,​Living Quarters
  • Business Type: Accommodation

Location

 
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The listing information for 1982 Hwy 45, Eagle River, WI 54521 was graciously provided by our friends at the listing brokerage, FIRST WEBER - MINOCQUA

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P&I Payment $4850.54
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Please Note: All information in this site is deemed reliable but not guaranteed. The property information provided on Eliason Realty of the North, LLC's websites is for personal, non-commercial use only and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Property information is gathered from third-party resources including the seller and public records. Eliason Realty of the North, LLC, Onjax, LLC, its affiliates, owners, subsidiaries and subscribers disclaim any and all representations or warranties as to the accuracy or reliability of the information provided. You should verify all claims through personal inspection and/or contact with the appropriate real estate professionals.
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Last Updated 02/23/2018 at 9:45pm
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