Sold price:

$765,000

Sold on 04/16/2021

Listed by Re/Max Excel

Description

Outstanding location (2.113 Acres) on the best part of Lake DuBay with 375 feet of frontage. This property has 10 units of rental space, an office with community laundry-2 coin washers and 1 commercial dryer, 10x16 storage building, appliances, 192 foot aluminum dock system (6+ slip potential), 2 wells, 4 septic systems, 1 attached garage, 1 2-car detached garage, boat ramp, swimming raft, and Riparian Rights. Currently 91% rented and $105,000 potential rental income. Tax forms are available upon request. This family business has been a success and the owner wants to retire. RENTED: Apt. 1: 1bedroom, 1 bath, stove, refrigerator, nat. gas & electric - $700/mo. utilities included; Apt. 2: 2 bedroom, 1 bath, stove, refrigerator, nat. gas & electric - $700/mo. utilities included; Apt. 3: 1 bedroom, 1 bath, stove, refrigerator, nat. gas & electric - $700/mo. utilities included; Home: 3 bedrooms, 2 baths, stove, refrigerator, nat. gas & electric - $1500/MO utilities included (owner/owner's family lives here but could be converted to 2 units). South Cabin: 1 bedroom, 1 bath, stove, refrigerator, nat. gas & electric - $850/mo. plus utilities; South Duplex: 1 bedroom, 1 bath, stove, refrigerator, nat. gas & electric - $850/mo. plus utilities; North Duplex: 1 bedroom, 1 bath, stove, refrigerator, nat. gas & electric - $850/mo. plus utilities; South Twin: 1 bedroom, 1 bath, stove, refrigerator, electric - $900/mo. utilities included; North Twin: 1 bedroom, 1 bath, stove, refrigerator, electric - $900/mo. utilities included. VACANT: Rustic: 1 bedroom, 1 bath, stove, refrigerator, electric - $825/mo. plus utilities. More Information is available on the business website: lakeviewlogcabin.com. DIRECTIONS: I-39 to County Road DB, West on DB to Left on Wambold Drive to driveway on left. This Information Is Compiled From Miscellaneous Sources And Is Believed Accurate But Not Warranted. Neither The Listing Broker Nor Its Agents, Subagents Or Property Owner Are Responsible For The Accuracy Of The Information. Buyers Are Advised To Verify All Information.

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Property Details

Features Commercial/Industrial

Building SqFt: 0 Type: Business Opportunity w/RE
Total SqFt: 0 Units: 10
Land SqFt: 50000+ Parking: Common
Municipality: Knowlton, Town Of Area: Wausau
Possible Use: Sale/Rent: S
Body of Water: Previous Address:

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Listing History

Date Event Change
Sep 7 2021 9:29AM Status Change Withdrawn
Aug 20 2021 3:39PM Price Change $159,900
Apr 16 2021 3:19PM Status Change Sold
Jan 14 2021 4:20PM Status Change Pending
Jan 4 2021 11:02AM Price Change $744,400

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