Nicely updated property in the heart of Algoma! Location is key as you are near winery, brewery, recreational and cultural properties. Updates to the building include facade, exterior lighting, overhead door and interior finishing. Property is currently used as an outfitter retail store, and includes plenty of showroom lighting, bathrooms, changing rooms, zoned heating and storage. Property is situated in a high visibility location just off of the intersection of 4th and Navarino, with traffic counts of nearly 4,000 vehicles daily per WisDot Data.
Historic downtown Algoma building with 15,000 square feet. Former Netto Palazzo Manufacturing Company. 3,000 sq ft top floor penthouse with 360 degree view of the city, Ahnapee River and Lake Michigan. Full basement plus 3 floors and a one story warehouse. Many opportunities: business, rental space, condos, apartments, retail...check out the updates! Top floor penthouse currently rents for $1,400 per month. Second level studio apartment rents for $800 per month. West side of building commercial space rented for $600 per month. Please call for more details.
**Per seller, this property to be sold WITH or AFTER sale of 607 4th St, Algoma** Endless potential with this corner property next door to a thriving cafe. Expand the cafe into the corner unit or make 2 cooperating businesses that drive people to your location. 40 ft of frontage on the busiest road in Algoma and 125 ft of frontage on Clark St. Space in front of building to upgrade to storefront and space in back for seating, manufacturing/cooking, or storage. Expand your business or take over a thriving business in the heart of Algoma.
Door county traffic without door county prices. Loyal customers make road trips from around the state to dine at this cafe. Pride of ownership is shines through out. Seating is plentiful with a front porch converted to year round seating. When the weather gets nice there is seating on the side porch and back patio. Turnkey operation with updated equipment including, espresso machine, freezers, refrigerators, dishwasher, griddles, and more. Lower level provides storage and prep area. Upper level provides amazing potential. Currently being used as an office but is framed and plumbed to create a 1 bdrm living unit. Location is amazing! Street frontage on the busiest road in the city and an opportunity to purchase the corner property next door. This property provides great potential to expand!
Great opportunity in a quaint waterfront town! Interested in short or long term rentals? This thoughtfully updated historic hotel, restaurant & bar w/modern amenities awaits you! Beautiful rooms & suites to accommodate up to 6 people. 4 bdrm, 2 ba third floor suite offers views of the water. Just two blocks from Lake Michigan & Crescent Beach. Guests will love to walk the waterfront boardwalk & beach or visit the winery, brewery, art studios, boutique shops & nearby Door County, the Cape Cod of the Midwest! Original bldg built in 1857 w/majority of space built in 1905. Financials available upon request/with offer. Bar/restaurant inventory not included but can be purchase separately w/Bill of Sale. Furnishings in hotel rooms/suites included. Seller will assist w/transition for 30 days.
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Algoma is located in Wisconsin. Algoma, Wisconsin has a population of 3,081. Algoma is less family-centric than the surrounding county with 28.82% of the households containing married families with children. The county average for households married with children is 30.64%.
The median household income in Algoma, Wisconsin is $40,958. The median household income for the surrounding county is $60,320 compared to the national median of $57,652. The median age of people living in Algoma is 47.3 years.
The average high temperature in July is 76.8 degrees, with an average low temperature in January of 10.2 degrees. The average rainfall is approximately 31.2 inches per year, with 45.4 inches of snow per year.