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.
Business opportunities like this do not come on the market often. Mission Hill Coffee House has been a year round, owner operated business for 22 years but is now ready for a new entrepreneur to take it over. Located in the heart of downtown La Pointe the sky is the limit!
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La Pointe is located in Wisconsin. La Pointe, Wisconsin has a population of 300. La Pointe is less family-centric than the surrounding county with 8.89% of the households containing married families with children. The county average for households married with children is 22.88%.
The median household income in La Pointe, Wisconsin is $64,063. The median household income for the surrounding county is $55,070 compared to the national median of $69,021. The median age of people living in La Pointe is 58.8 years.
The average high temperature in July is 77.9 degrees, with an average low temperature in January of 4.7 degrees. The average rainfall is approximately 32.1 inches per year, with 93.9 inches of snow per year.