12,844 sqft

$875,000

201 STEELE Street, ALGOMA WI, 54201

Price per sqft$68.13

Built in1857

Property size12,844 sqft

Property typeCommercial

Listed by Heidi A. Neubauer with ERA Starr Realty Listing Contact:

Overview

Active

Active-no Offer

Listed Sep 1, 2026

Updated Sep 5

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

Listings courtesy of RANW MLS as distributed by MLS GRID

All information deemed reliable but not guaranteed and should be independently verified. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) nor Matt Jorgenson nor RANW MLS shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. Properties displayed may be listed or sold by various participants in the MLS.

Based on information submitted to the MLS GRID as of 9/5/2026. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.

Source of Data: RANW MLS or REALTORS Association of Northeast Wisconsin. Information is provided exclusively for consumers' personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information received from other 3rd parties: All information deemed reliable but not guaranteed and should be independently verified. All properties are subject to prior sale, change, or withdrawal. Neither listing broker nor Matt Jorgenson nor RANW MLS shall be responsible for any typographical errors, misinformation, misprints, and shall be held totally harmless.

Data last updated on 9/5/2026 at 3:37 AM UTC

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