109 5Th AveHurley, WI 54534

  • Commercial real estate
For Sale
$199,000 View listing

Property Details for 109 5Th Ave

Property type
Commercial real estate
APN
236-0236-0000
APU
23602360000

Description

This exceptional 5,414 square foot warehouse, located at 109 5th Ave N in Hurley, Wisconsin, presents a unique investment opportunity. Priced at $199,000 ($36.76/sq ft), this property boasts a rich history, having served the community for over a century. Situated on Silver Street, a prime location with high demand for restaurants, the building offers significant potential for various business ventures. The main structure features a large area previously used as a bar and takeout counter, adjacent to a sizable commercial kitchen. Ample seating surrounds a fireplace, complemented by a hostess station and a spacious dining area divided into two sections. Timeless chandeliers and exposed brick walls add to the building's historic charm. An additional storefront, complete with a kitchen and walk-in coolers, provides further expansion possibilities or separate retail space. The basement offers substantial storage and potential office space. The property benefits from city/county maintained roads, public water and sanitary sewer, and is currently vacant. Financing options include cash or conventional loans. This is a rare chance to own a piece of Hurley's history and establish a thriving business in a highly desirable location.

Location Insight

City
Hurley
County
Iron
State
Wisconsin
Latitude
46.4493
Longitude
-90.1858

Property Tax & Assessments

Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2023
$9,057
$26,900
$235,600
$262,500
-
-
$450,613
$450,613

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