Sold: Solon Springs MLS# 5644477
Sold
$525,000 (list price)
$521,500
Commercial: Business Opportunity
Built 1900
0.65 acres
Solon Springs schools
MLS# 5644477
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Property Description
This is your opportunity to own a thriving business on Lake Saint Croix in Solon Springs! Nestled on the shore with approximately 325' of waterfront on one of the best lakes in Douglas County. The bar restaurant is located on the lake lot and has an apartment located above it that is perfect for an owner occupant or just additional income! Bar is located on the lower level with an awesome covered deck looking out on Lake Saint Croix. Bar features a large horseshoe bar, a clean and neat kitchen, two bathrooms, a large seating area for guests to relax. Lots of parking and potential across the road to develop into a campground or other uses giving the buyer ability to increase their income. Lake St Croix is an awesome lake with excellent fishing (Panfish, Largemouth Bass and Northern Pike) and large enough to support water sports. The apartment upstairs is currently rented and features 2+ bedrooms, 1 full bath.
Listing
Listing Status:
Sold
Contingency:
None
List Price:
$525,000
Sold Price:
$521,500
Sold Date:
06/13/2022
Property Type:
Commercial
City:
Solon Springs
Garage Spaces:
2
County:
Douglas
Year Built:
1900
State:
WI
Property Style:
Business Opportunity
Zip Code:
54873
Interior
Ranges:
One
Refrigerators:
One
Appliances Included:
- Microwave
- Range
- Refrigerator
Basement Details:
- Block
- Crawl Space
Exterior
Stories:
Two
Garage Spaces:
2
Other Parking Spaces:
60
Air Conditioning:
Central Air
Foundation Size:
1,350 ft2
Foundation Dimensions:
45x30
Handicap Accessible:
None
Road Responsibility:
Public Maintained Road
Heating System:
Forced Air
Parking Features:
- Detached
- Gravel
- No Int Access to Dwelling
- Off Site
Shared Amenities:
- Beach
- Dock
Unit Amenities:
- Balcony
- Cable
- Deck
- Dock
- Kitchen Window
- Other
- Panoramic View
Road Frontage:
County Road
Exterior Material:
Other
Roof Details:
Asphalt
Lake & Waterfront
Waterfront Present:
Y
Waterfront Name:
St. Croix River
Waterfront View:
Lake
DNR Lake ID#:
600091259
WF Frontage:
325
Elev Highpt to WF feet:
0-4
Waterfront Slope:
Gradual
Lake Chain Name:
N
Lake Acres:
0
Lake Depth:
0
Waterfront:
- Dock
- Lake Front
- Lake View
- Shared
Lake Bottom:
- Gravel
- Sand
Lot & Land
Acres:
0.65
Geolocation:
46.3832199477, -91.7850372925
Inclusions:
Business
Lot Dimensions:
325 x 250
Zoning:
Business/Commercial
Schools
School District:
5397
District Phone:
715-378-2263
Expenses
Tenant Expenses:
Electricity
Financial & Taxes
Tax Year:
2021
Annual Taxes:
$4,739
Lender-owned:
No
Assessment Pending:
No
Taxes w/ Assessments:
$4,739
Land Lease Amount:
0
Units
Total Units:
2
Miscellaneous
Current Use:
- Bar/Tavern
- Residential
- Restaurant
Fuel System:
Propane
Sewer System:
- City Sewer - In Street
- City Sewer/Connected
Available Utilities:
- Electric Common
- Heating Common
Water System:
- Drilled
- Private
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Listing provided by RMLS,
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Disclaimer: The information contained in this listing has not been verified by TheMLSonline.com and should be verified by the buyer.
Disclaimer: The information contained in this listing has not been verified by TheMLSonline.com and should be verified by the buyer.