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264 County Road I Balsam Lake, WI $ 3,495,000
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264 County Road I
$ 3,495,000
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264 County Road I

Balsam Lake, WI, 54810
$ 3,495,000
Baths0.0 Sq 13,000

Monthly Estimate*

$ 24,414

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Studio

Commercial Property for sale in Balsam Lake, WI

for $3,495,000. This 13,000 square foot building was built in 2004 on a lot size of 3.17.

Discover a new resort destination with an amazing dining experience combined with Lakeside Lodging on beautiful Balsam Lake, Wisconsin. "Balsam Lake Lodge" is an established bar & restaurant with boutique lakeside lodging on beautiful Balsam Lake in northwestern Wisconsin. The Property offers 10 luxurious suites including a variety of room types, and there is a well-known bar & restaurant with spacious outdoor patio seating on the main floor. The facilities on the Property are well suited for any number of events from corporate retreats to holiday parties and weddings. The Property is nestled on the shore of one of Wisconsin’s most pristine lakes and offers boat rentals and multiple boat slips. An Offering Memorandum, financials, and other information is available.

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Commercial Active

Price

$ 3,495,000

Bedrooms

Studio

Property Type

Commercial

Taxes

$ 17,633

Style

Resort

Lot Size

3.17

Year Built

2004

Town/City

Balsam Lake

County/Region

Polk

MLS | Web ID

6524056
Features
General
Sewer City Sewer/Connected
Heating Forced Air
Cooling Central Air
Utilities Electric Common
Garage Spaces 0
Construction Materials Wood Siding
Year Built 2004
View Lake
Topography Level
Levels Two
Property SubType Resort
Tax Year 2023
Current Use Commercial Restaurant Resort
Waterfront Features Lake Front
Accessibility Other
County Polk
Property Type Commercial Sale
Association Amenities Dock
Contingency None
Possible Use Other
Directions Turn left onto WI-46 N. Turn right onto 150th Ave. Turn left at the 1st cross street onto 130th St. Turn right onto 170th Ave. Turn left into the property.
City Balsam Lake
Buyer Agent Compensation 3.00
Body of Water Balsam Lake (600020754)
High School District Unity
Zoning Description Business/Commercial
Total Units 10
Waterfront Y/N Y
Street Name County Road I
Land Lease Y/N N
Tax Annual Amount 17633
Additional Parcels Y/N N
Days on Market 91
Standard Status Active
Lender Owned Not disclosed
Amenities Unit Ceiling Fan(s) Deck Dock Patio
Buyer Agent Compensation Type %
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Exterior
Parking Features Parking Lot
Water Source City Water/Connected
Inclusions Building Business Assets Business Fixture/Equipment Land
Lot Size Area 3.17
Building Area Total 13000
Lot Dimensions 138085.2
Lot Size Units Acres
Foundation Area 13000
Road Frontage Type Other
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Interior
Basement (Y/N) N
Fuel Natural Gas
Lake Acres 1901
Waterfront Feet 355
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Internal Only
Street Number 1 264
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* Excluded Features
List By
Northco Real Estate Services

Broker

frank.jermusek@svn.com

Email

Affordability Calculator

$25,883
Per Month
94%
6%
0%
Monthly Principal & Interest
$24,414
Monthly Property Taxes
$1,469
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 7.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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THE TIME TO SELL IS NOW!
Nearby
708977 Elementary School
708502 Middle School
Unknown High School High School
See complete school information
Pricing History
DatePricePrice ChangeDescription
4/23/2024$3,495,000 Listed Price

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264 County Road I, Balsam Lake, WI, 54810 is a Commercial Property for sale at $3,495,000 with 13,000 sqft and a lot size of 3.17. 264 County Road I is a studio with 0.0 baths and was built in 2004. The property's zip code is 54810 which is in Balsam Lake, WI

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