For more information regarding the value of a property, please contact us for a free consultation.
Key Details
Sold Price $500,000
Property Type Commercial
Sub Type Motel/Hotel/Bed & Brkfst
Listing Status Sold
Purchase Type For Sale
Square Footage 12,496 sqft
Price per Sqft $40
MLS Listing ID 1777279
Sold Date 02/28/22
Year Built 1954
Annual Tax Amount $11,975
Tax Year 2020
Lot Size 1.440 Acres
Acres 1.44
Property Sub-Type Motel/Hotel/Bed & Brkfst
Property Description
Well established business located on highly visible thoroughfare in Franklin and Prime Commercial Development Opportunity! Situated on 1.436 acres, the Skyway Motel features 33 units that span across three buildings. Five of the units feature a kitchenette. The property includes an Owner's residence attached to the Office/Welcome Center. The Owner's residence is a 3 bedroom/1 bath home with full basement, currently used as business storage and laundry. Additional stand-alone home / Caretaker's Cottage for the current maintenance person. This home features 2 bedrooms and 1 full bath. The main building/Owner's residence roof was replaced within last 2-years (per Seller). Turnkey business with steady stream of weekly renters, or an opportunity to reimagine the land for a new business.
Location
State WI
County Milwaukee
Zoning Commercial
Rooms
Basement Block, Full, Partial, Walk Out/Outer Door
Interior
Heating Natural Gas
Exterior
Exterior Feature Brick/Stone, Stone, Wood
Garage Spaces 50.0
Parking On Site 50
Roof Type Composition/Fiberglass
Building
Sewer Municipal Sewer, Municipal Water
New Construction N
Read Less Info
Want to know what your home might be worth? Contact us for a FREE valuation!
Our team is ready to help you sell your home for the highest possible price ASAP
Copyright 2026 WIREX - All Rights Reserved
Bought with Coldwell Banker HomeSale Realty - Wauwatosa
NEARBY SCHOOLS & BUSINESSES
GET MORE INFORMATION