This Historic Wisconsin Hotel Is Listed Well Below Market Value — But It's Reportedly Haunted The 5,500-square-foot property includes a large bar and grill.

By Amanda Breen Edited by Jessica Thomas

In today's tumultuous real estate market, some home buyers might have to overlook aspects that would otherwise be deal-breakers — like ghosts.

That's the case for one Humbird, Wisconsin listing, at least. According to Realtor, the 5,500-square-foot property, built in 1869, comes with a lot of history in addition to its "many updates."

Related: 5 Amazing Tips on Turning Real Estate Into a Real Fortune

The commercial property, priced at $279,900, serves as a six-room hotel and includes a large bar and grill. It also comes with an 1,800-square-foot "open concept" residence that boasts two large living rooms, a kitchen, a bedroom and a detached two-car garage.

@spiritualight #Haunting #paranormal ♬ The Haunting of Hill House (Main Titles) - The Newton Brothers

But, per the listing, the building "could be haunted," as numerous reports from previous owners and guests detail "supernatural activities." The property was even examined by a Minnesota ghost-hunter group recently.

"The owners were sitting in the bar, and there was this hanging light and it started to move," listing agent Julie Bahnub of Bahnub Realty, LLC, told Realtor. "One person got up and stopped it from moving and said he could feel the force of somebody pulling it, so he sat down and it just continued to spin."

Related: 8 Proven Ways to Make Money in Real Estate

Still, the large property is somewhat of a bargain: According to Redfin, the median list price in Wisconsin is $299,900, with an average price-per-square-foot of $159. The Humbird property is priced at just $51 per square foot.

Amanda Breen

Entrepreneur Staff

Senior Features Writer

Amanda Breen is a senior features writer at Entrepreneur.com. She is a graduate of Barnard College and received an MFA in writing at Columbia University, where she was a news fellow for the School of the Arts.

Want to be an Entrepreneur Leadership Network contributor? Apply now to join.

Business News

A New Hampshire City Was Named the Hottest Housing Market in the U.S. This Year. Here's the Top 10 for 2024.

Zillow released its annual lists featuring the top housing markets, small towns, coastal cities, and geographic regions. Here's a look at the top real estate markets and towns in 2024.

Business Ideas

63 Small Business Ideas to Start in 2024

We put together a list of the best, most profitable small business ideas for entrepreneurs to pursue in 2024.

Business News

'We're Not Allowed to Own Bitcoin': Crypto Price Drops After U.S. Federal Reserve Head Makes Surprising Statement

Fed Chair Jerome Powell's comments on Bitcoin and rate cuts have rattled cryptocurrency investors.

Business Ideas

Is Your Business Healthy? Why Every Entrepreneur Needs To Do These 3 Checkups Every Year

You can't plan for the new year until you complete these checkups.