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MLS # 191902 - $1,600,000

STATUS: ACTIVE LISTING

Railroad St 421 - Eagle River, WI 54521 - Eagle River

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Property Description

$1,600,000  |  MLS # 191902  |  Railroad St 421 - Eagle River, WI 54521

THIS HISTORIC STRUCTURE IS LOOKING FOR IT’S NEXT OWNER TO CONTINUE THE LEGACY OF PROVIDING CLASSIC AMERICAN RESTAURANT FAIR TO LOCALS AND VISITORS ALIKE. EDDIE B’S WHITE SPRUCE INN IS THE OLDEST COMMERCIAL BUSINESS IN EAGLE RIVER, OPERATING AS A RESTAURANT FOR OVER THE PAST 100 YEARS. BUILT IN 1884, IT HAS PROVIDED GENERATIONS WITH A TRUE “NORTHWOOD’S” DINING EXPERIENCE. WITH 435 FEET OF FRONTAGE ON THE EAGLE RIVER PROVIDING ACCESS TO THE EAGLE RIVER CHAIN OF LAKES. ALSO INCLUDED IS A 3 BEDROOM, 2 BATH RAISED RANCH HOME OVERLOOKING THE RIVER WITH WALKOUT ACCESS. THIS HIGH TRAFFIC LOCATION WITH THE ATV TRAILS, THE SNOWMOBILE TRAILS AND ACCESS FROM EAGLE RIVER’S RAILROAD ST.(HIGHWAY 45 NORTH), VISIBILITY IS NOT AN ISSUE. IT FEATURES INSIDE SEATING FOR 140, LARGE INSIDE BARROOM, OUTSIDE DECK, AND BOAT SLIPS APLENTY. THE PHYSICAL PLANT IS IN EXCELLENT CONDITION, WELL MAINTAINED, NEW TABLES AND CHAIRS, BAR STOOLS, TV’S AND HIGH SPEED INTERNET. 10240

Property Details

$1,600,000  |  MLS # 191902  |  Railroad St 421 - Eagle River, WI 54521

Business Type: Restaurant/Bar
City: Eagle River
County: Vilas
Waterfront: Yes
Lot Sqft: 30,492
Taxes: $7,212
Tax Year: 2020
Courtesy Listing: Century 21 Burkett & Assoc.

Additional Details

Access: City Street
Construction: Frame/Stick
Exterior Finish: Log/Siding
Features: Additional Buildings,Boiler,Delivery Door,Handicap Facility,Living Quarters,Signs
Heating: Hydronic/Hot Water,Central Air
Lake Chain: Eagle River
Lot Features: Lake Front,River Front,Sloped/Moderate,Open Space,On ATV Trl,On Snowmobile Trl,On Bike Trl
Map Area: VI Eagle River City
Number Of Storeys: 1
Parking Types: Private over 10
Postal Code: 54521
Range: 10E
Road Frontage: 288
Roof: Composition Shingles
Section: 28
Services: Cable TV,Circuit Breakers,Electric at lot,Underground Lines,Gas at Lot
Shore Frontage: 435
Shoreline: Sand
Sqft 1st Floor: 5295
Sqft Bsmt: 732
Sqft Total: 5,295
Title: Fee Simple
Units In Building: 1
Waste Disposal: City Sewer
Water: City/Municipal
Year Built: 1884

Approximate Location

$1,600,000  |  MLS # 191902  |  Railroad St 421 - Eagle River, WI 54521

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