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$1,290,000

  • For Sale
  • Active
  • Commercial Residential Facility
  • 12,152 Sq. Ft.
  • 0.52 Acres
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Excellent investment opportunity, in the heart of Madeline Island. The upper level has 4 rental units that have all been tastefully renovated. Profitable short-term rentals that create year-round income. The Bell Street Tavern Event Center located on the main level was a staple in the community for many years. Beautiful custom-made bar sits across the room from a floor to ceiling Lake Superior stone fireplace, two large dining areas and a band/stage. Full commercial kitchen. This 6,000. Sq Ft area can be reimagined to have a multitude of other commercial opportunities. Owner occupy is also an option with this multi-income property. A very popular location within walking distance of area attractions. Madeline Island is a top tourist destination, and a growing community that's looking for a commercial investor with a vision for the future.

Full Property Details for 751 Bell St

General

  • Price: $1,290,000
  • Taxes: $9,393 (2023)
  • Status: Active
  • Type: Commercial Residential Facility
  • Source: 1402
  • MLS ID: 6114740
  • Updated: 10/7/2025
  • Added to Site: 598 day(s) ago

Business

  • Name: Bell Street Tavern

Additional Information

  • Other Features: Bar Area, Kitchen Area, Restrooms, Outdoor Seating

Location

  • Area: R
  • County: Ashland County
  • Driving Directions: Take right off ferry dock and first left on LeSueur St. Building straight

Heating & Cooling

  • Heating Type: In Floor Heat, Propane, Electric

Utilities

  • Sewer: Public Sewer
  • Water: Private, Drilled

Structural Information

  • Construction: Concrete Block, Frame/Wood
  • Exterior Const.: Vinyl
  • Basement: Yes
  • Basement Desc.: Slab
  • Roof: Asphalt
  • Ceiling Height: 8-10 Feet, 11-15 Feet, Varied Heights
  • Stories/Levels: 2
  • Square Feet: 12,152
  • Current Bldg. Use: Hotel/Motel, Restaurant, Bar/Lounge
  • Year Built: 1997

Lot Features

  • Lot Size (Acres): 0.52
  • Lot Dimensions: 174 x 150
  • Frontage: Township
  • Zoning: Business/Commercial

Financial Considerations

  • Price Per Sq. Ft.: $106.16
  • Tax Amount: $9,393.57
  • Tax Year: 2023
  • Terms: Cash, Conventional

Disclosures and Reports

  • Legal Description: LOT 1 CERTIFIED SURVEY 694
  • Inclusions: Building, Liquor License
  • Disclosures/Reports: Disc./Condition Report
  • Property ID: 014-00437-0201

Listed by eXp Realty, LLC- WI

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Listing agent

— 751 Bell St —

  • eXp Realty, LLC- WI

***

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NMLS#: 1598647

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Save up to an additional 20% by bundling your home and auto together!

Schools serving 751 Bell St

School District:Bayfield School District
NameGradesDistance
Bayfield High School
300 North 4th Street, Bayfield, WI 54814
9-122.9 mi
Disclaimer: School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.

Price & Sales History for 751 Bell St Get Price Alerts and Save Property

Date
Details
Price
Change
Source
1/08/2025
Price Reduced
$1,290,000
-18.82%
MLS
9/12/2024
Price Reduced
$1,589,000
-6.53%
MLS
7/03/2024
Listed
$1,700,000
—
MLS
Get Price Alerts and Save Property
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

Tax History for 751 Bell St

Year
Property Taxes
Change
Tax Assessment
Change
2024
$17,821
6%
$820,200
—
2024
$16,886
77%
$820,200
121%
2022
$9,528
93%
$370,500
95%
2021
$4,933
—
$190,100
-4%
2020
$4,933
5%
$197,700
—
2019
$4,701
-3%
$197,700
-9%
2018
$4,860
-82%
$216,300
-83%
2017
$27,241
1%
$1,240,000
—
2016
$27,050
—
$1,240,000
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

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Listed by eXp Realty, LLC- WI

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751 Bell St, La Pointe, WI 54850 (MLS# 6114740) is a Commercial Residential Facility property. 751 Bell St is currently listed for $1,290,000 and was received on July 03, 2024. Want to learn more about 751 Bell St? Do you have questions about finding other Commercial Residential Facility real estate for sale in La Pointe? You can browse all La Pointe real estate or contact a Coldwell Banker agent to request more information.

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