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Key Details
Sold Price $2,900,000
Property Type Commercial
Sub Type Special Purpose,Motel/Hotel/Bed & Brkfst
Listing Status Sold
Purchase Type For Sale
Square Footage 44,600 sqft
Price per Sqft $65
MLS Listing ID 1739720
Sold Date 11/22/21
Year Built 1989
Annual Tax Amount $47,231
Tax Year 2019
Lot Size 4.000 Acres
Acres 4.0
Property Sub-Type Special Purpose,Motel/Hotel/Bed & Brkfst
Property Description
Unique Offering: Nicely updated independent hotel property located on 5.79 acres adjacent to I-94/Ryan Rd and directly in the retail bullseye of Milwaukee County and the Amazon and Aldi distribution corridor. Parcel is currently home to independent motel operation (included in sale). This locally owned and operated 110 room hotel has been serving the business traveler and local trade area for 30+ years. Fantastic demographics adjacent to or near: Kwik Trip (2 locations), Loves, Pilot, Aldi Distribution, Amazon and countless food and light retail. This property is 7.5 mi. from General Mitchell Field, 13 mi. from Summerfest and Downtown Milwaukee and 25 mi. to Pleasant Prairie. This well run hotel has the location, brand and history for the next experience owner to benefit from.
Location
State WI
County Milwaukee
Zoning COM
Rooms
Basement Crawl Space
Interior
Heating Electric
Exterior
Exterior Feature Wood
Garage Spaces 208.0
Parking On Site 208
Roof Type Composition/Fiberglass
Building
Sewer Municipal Sewer, Municipal Water
New Construction N
Others
Special Listing Condition Arms Length
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