$210,000
$134,900
55.7%For more information regarding the value of a property, please contact us for a free consultation.
3428 FAUST LAKE RD N Rhinelander, WI 54501
3 Baths
2,918 SqFt
Key Details
Sold Price $210,000
Property Type Commercial
Sub Type Business
Listing Status Sold
Purchase Type For Sale
Square Footage 2,918 sqft
Price per Sqft $71
MLS Listing ID 194959
Sold Date 09/01/23
Full Baths 3
HOA Y/N No
Year Built 1932
Annual Tax Amount $1,787
Tax Year 2022
Lot Size 2.030 Acres
Property Sub-Type Business
Property Description
The Al-Gen was long the Northwoods standard for Wisconsin's famed Supper Clubs. Recently closed due to a kitchen fire, the nostalgic, log-constructed building—painted in classic cabin red—remains functional as a tavern. The interior features a horseshoe-shaped bar that was always overflowing with laughter and conversation, two restrooms*, and two "dividable" former dining areas (each with open-beamed ceilings and gas fireplaces) that could be repurposed for tavern seating, pool and dart leagues, and/or meeting space. There is ABUNDANT parking and a kid's game room (open seasonally). Although it would take a great deal of capital investment to bring the kitchen portion up to current code, the Al-Gen retains its historic atmosphere and could provide a wonderful opportunity for someone looking to get into the tavern business at a very affordable price. The liquor license should be transferrable subject to township approval.
Location
State WI
County Oneida
Direction East on Lincoln St. from FW office , continue east through intersection by Walgreens, continue straight though next stop light, left on Faust lake Rd., Property on Right.
Interior
Heating Forced Air, Hot Water, Natural Gas
Cooling Central Air, Wall/Window Unit(s)
Flooring Carpet, Mixed
Fireplace No
Exterior
Parking Features Private, Unpaved
Utilities Available High Speed Internet Connected
Water Access Desc Drilled Well,Well
Roof Type Composition,Shingle
Road Frontage Town Road
Building
Sewer Conventional Sewer
Water Drilled Well, Well
Others
Tax ID PE-53-3
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Bought with FIRST WEBER - RHINELANDER