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201 STEELE Algoma, WI 54201

$875,000
0.21 Acres  |  12,844 Square Feet   |   MLS # 50275960

Description

Great opportunity in a quaint waterfront town! Interested in short or long term rentals? This thoughtfully updated historic hotel, restaurant & bar w/modern amenities awaits you! Beautiful rooms & suites to accommodate up to 6 people. 4 bdrm, 2 ba third floor suite offers views of the water. Just two blocks from Lake Michigan & Crescent Beach. Guests will love to walk the waterfront boardwalk & beach or visit the winery, brewery, art studios, boutique shops & nearby Door County, the Cape Cod of the Midwest! Original bldg built in 1857 w/majority of space built in 1905. Financials available upon request/with offer. Bar/restaurant inventory not included but can be purchase separately w/Bill of Sale. Furnishings in hotel rooms/suites included. Seller will assist w/transition for 30 days.

Property Details

General

# Stories: 3

Square Feet: 12,844

Tax Amount: $5,587

Property Type: Real Estate

County: Kewaunee

Interior

Total Square Feet: 12,844

Basement / Lower Level: Full

Water Source: Municipal/city

Waste: Municipal Sewer Near

Heating/Cooling:

  • Central
  • Forced Air
  • Hot Water
  • Window Unit(s)
  • Zoned

Heating Fuel Type:

  • Electric
  • Natural Gas

Lot / Exterior

Foundation: Stone

Exterior Construction:

  • Brick
  • Stone
  • Wood / Wood Shake / Cedar

Building Parking:

  • On Site
  • Street Parking

# Acres: 0.21

Listing Broker

ERA Starr Realty

Directions & Map

From Sturgeon Bay, Cty S south to Algoma. Follow to Steele St. Hotel is on the corner.


Listed By: ERA Starr Realty

This listing was last updated by ERA Starr Realty on January 2, 2024, 6:52 pm.
Listing has been on the market for 341 days, since May 23, 2023.

This information, provided by seller, listing broker, and other parties, may not have been verified.

Information received from other 3rd parties: All information deemed reliable but not guaranteed and should be independently verified. All properties are subject to prior sale, change, or withdrawal. Neither listing broker nor Paragon Real Estate Group nor RANW MLS shall be responsible for any typographical errors, misinformation, misprints, and shall be held totally harmless.

Copyright 2024 RANW MLS. All rights reserved. RANW MLS records were last updated on 04/28/2024 6:15 pm.

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