$475,000
$489,000
2.9%For more information regarding the value of a property, please contact us for a free consultation.
7688N ISLAND LAKE RD S Hurley, WI 54534
2 Beds
5 Baths
3,760 SqFt
Key Details
Sold Price $475,000
Property Type Commercial
Sub Type Hotel/Motel
Listing Status Sold
Purchase Type For Sale
Square Footage 3,760 sqft
Price per Sqft $126
MLS Listing ID 208242
Sold Date 11/29/24
Bedrooms 2
Full Baths 5
HOA Y/N No
Year Built 2011
Annual Tax Amount $2,917
Tax Year 2023
Lot Size 2.060 Acres
Lot Dimensions 175x600
Property Sub-Type Hotel/Motel
Property Description
Bear Chasers Bar & Grill. This Iconic Business is one of the most famous & perhaps the Penultimate Snowmobile/ATV/UTV Destination in all of Northern Wisconsin. Set in an almost Canadian Wilderness-Like 2.06 acre setting on stunning 352 acre Island Lake with approx. 150' of lake frontage, northwest of Mercer, WI, in Iron County. Rustic Country Charm abounds with cathedral ceilings & log beams in the large bar room & dining area overlooking the lake which can seat over 55 patrons. Other amenities include a spacious well equipped commercial kitchen with a wood fired brick pizza oven, an electronic game room, onsite gasoline pump, office area, & 2 lower level motel style rental units, which could easily be converted into owner's living quarters. It seems like all trails lead into & out of this resort with the largest Snowmobile & ATV Trail system in all of Wisconsin in Iron County. This wonderful turn key operation can be the wilderness lifestyle change you need.
Location
State WI
County Iron
Community Skiing
Direction Hwy 51 North of Mercer approx 9.5 miles, turn left on South Island Lake Rd. approx 12 miles, turn left on Gerry Rd., turn right on South Island Lake Rd to Fire Number #7688 & follow signs to Bear Chasers.
Body of Water ISLAND
Interior
Heating Forced Air, Propane
Flooring Carpet, Concrete, Tile
Fireplace No
Exterior
Parking Features Private, Driveway
Community Features Skiing
Utilities Available Phone Available
Waterfront Description Shoreline - Sand,Shoreline - Fisherman/Weeds,Lake Front
View Y/N Yes
Water Access Desc Drilled Well
View Water
Roof Type Composition,Shingle
Road Frontage Town Road
Building
Lot Description Lake Front, Private, Secluded, Sloped, Views, Wooded
Story 1
Sewer Conventional Sewer
Water Drilled Well
Others
Tax ID 010 0703-0600
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Bought with NORTHERN TRAILS REALTY, LLC