Closed

$575,000

526 Wells Street, Lake Geneva, WI 53147
50 days
526 Wells Street·Lake Geneva, WI 53147
1950Year Built
About This Home

Strategically positioned with over 250 feet of prime frontage and a large parking lot, the property enjoys a prime location that is just a stone's throw away from vibrant downtown Lake Geneva and a short walk to Geneva Lake and is surrounded by multiple lodging options. This commercial space benefits from the proximity to major attractions, ensuring a steady flow of foot traffic and visitors. Currently operating as a bakery with a charming cafe and a mini-golf facility (in need of repair), the property holds immense potential for various business ventures. The combination of a bakery and cafe appeals to those seeking delightful culinary experiences, while the added mini-golf facility contributes to the property's uniqueness and entertainment value. The possibilities are endless.

MLS# 11960921Listed January 11, 2024Commercial Sale
Property Details

Beds & Baths

Size & Structure

Year Built1950
Lot SizeIRR

Location

CountyWalworth
Zip Code53147

Financial

List Price$575,000
Annual Taxes (2022)$4,975
Monthly Tax Est.$415
Parcel #ZS00001A
Interior Features

Cooling

Central Air
Utilities & Parking

Electric

Service - 101 to 200 Amps
Tax & Financial
Annual Taxes
$4,975
Tax Year 2022
Monthly Tax Est.
$415
per month
Property Location

526 Wells Street, Lake Geneva, WI 53147Walworth County

$575,000
526 Wells Street
VL
Vittoria Logli
Top Glenview Agent

IL License 475.178467 · (847) 810-8438

Quick Facts
50 days on market
IRR
$4,975/yr taxes
$3,436
estimated monthly payment
Principal & Interest
$3,022/mo
Property Tax
$415/mo
$575,000
20% — $115,000
3%50%
6.875%
3%12%
Loan Amount
$460,000
Down Payment
$115,000

* Estimated payment only. Actual rates, taxes, and insurance may vary. Contact a lender for a personalized quote.

Listed by
Compass
Agent: Holly Futrell
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Listing Courtesy: MRED as distributed by MLS GRID | @properties Christie's International Real Estate

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