12,844 sqft

$875,000

201 STEELE STREET, Algoma WI, 54201

Price per sqft$68.13

Built in1857

Property size12,844 sqft

Property typeCommercial

Courtesy of ERA Starr Realty, Heidi Neubauer

Overview

Active

Listed Sep 3, 2026

Updated Sep 4

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 purchased separately w/Bill of Sale. Furnishings in hotel rooms/suites included.

Other Property Details

Taxes: $5,154
Tax Frequency: Annually
55+/Senior Community: No

Courtesy of ERA Starr Realty, Heidi Neubauer

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Data last updated 7:10 AM UTC, 9/4/2026