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  • 20100 County Hwy M

  • Cable, WI 54821
  • $695,000
  • MLS® #: 6073638
  • Year Built: 1978
COMMERCIAL property for sale in Cable, WI at 20100 County Hwy M. This property is priced at $31,648/acre.
REDUCED

Description of 20100 County Hwy M, Cable, WI 54821 - $695,000

TWO SUCCESSFUL BUSINESSES IN ONE! Exquisite 7 room guest lodge & award-winning casual fine dining restaurant in the heart of NW Wisconsin's Chequamegon-Nicolet National Forest. A cutting edge hospitality business catering to the desires of today's discriminating leisure traveler. TripAdvisor 4.5, AAA 3 Diamond rating. Includes land & buildings + all furniture/fixtures/equip (excl F&B inventory & wildlife photography gallery). Priced to sell at ~20% under FMV. This is an excellent opportunity for an ambitious couple to operate their own well-established and profitable business in the beautiful forest and lake country of northwest Wisconsin. The ideal partnership will consist of an experienced chef eager to showcase his/her artistry to an existing customer base accustomed to unique, freshly prepared cuisine. Plus a spouse/partner with an aptitude for overseeing the front of house, guest rooms, marketing, finances, and all related management functions. The combined lodge and restaurant business has a demonstrated 11+ year track record of financial success being operated by a single proprietor with no culinary background. This was accomplished by relying on a full-time salaried chef, plus servers and housekeeping staff. Yet its true value and profitability has yet to be fully realized to the extent it will when owned and operated by a chef/manager team.

Essential Information

  • MLS® #6073638
  • Price$695,000
  • Bathrooms0.00
  • Acres21.96
  • Year Built1978
  • TypeCOMMERCIAL
  • Sub-TypeRestaurant/Bar
  • StatusACTIVE

Heating

Baseboard, Boiler, Fireplace, Forced Air, Radiant, Propane, Hot Water

Community Information

  • Address20100 County Hwy M
  • AreaCable
  • CityCable
  • CountyBayfield County
  • StateWI
  • Zip Code54821

Exterior

  • ExteriorWood
  • RoofAsphalt Shingles
  • ConstructionFrame/Wood

Interior

  • InteriorSheet Rock, Wood
  • CoolingCentral, Window
  • # of Stories2

School Information

  • DistrictDrummond Area (WI) #1491

Additional Information

  • Listing OfficeLakeplace.com/birchwood

Kris LindahlREALTOR®

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Price Change History for 20100 County Hwy M, Cable, WI (MLS® #6073638)

Date Details Price Change
Price Reduced $695,000 $34,000 (4.66%)
Price Reduced (from $799,000) $729,000 $70,000 (8.76%)
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