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Key Details
Sold Price $390,000
Property Type Commercial
Sub Type Motel/Hotel/Bed & Brkfst
Listing Status Sold
Purchase Type For Sale
Square Footage 60,500 sqft
Price per Sqft $6
MLS Listing ID 50241152
Sold Date 02/23/22
Year Built 1968
Annual Tax Amount $10,342
Tax Year 2020
Lot Size 1.380 Acres
Acres 1.38
Property Sub-Type Motel/Hotel/Bed & Brkfst
Property Description
Profitable motel business with twelve 1 & 2 bedroom units, some with kitchenettes. Some rented weekly, some monthly, some longer. A separate 2 bedroom rental unit with a year to year lease (current occupant has been there over 6 years). This has lower level for several options. This unit is separated from the main home by a laundry rm and office. The main 2 bedroom/2 bath home has a glorious view of Lake Iola, and beautiful fireplace in the expansive living room. The property also features and in-ground swimming pool, back deck to entertain by the lake, landscaping and a 2 car attached garage.
Location
State WI
County Waupaca
Area Waupaca County
Zoning commercial/residential
Rooms
Basement None / Slab, Partial
Interior
Cooling Window/wall AC, Gas
Exterior
Exterior Feature Stone, Wood
Building
Sewer Municipal Water, Municipal Sewer
New Construction N
Schools
School District Iola-Scandinavia
Others
Special Listing Condition Arms Length
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Bought with Shambeau & Grenlie Real Estate, LLC
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