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 4,292 sqft
Price per Sqft $116
MLS Listing ID 1795009
Sold Date 08/30/22
Year Built 1960
Annual Tax Amount $13,339
Tax Year 2020
Lot Size 1.560 Acres
Acres 1.56
Property Sub-Type Motel/Hotel/Bed & Brkfst
Property Description
Independent 16 unit motel that has great potential for the next investor. Prime location! Right down the road from all the newer retail establishments. Constructed in 1960, operated by the same ownership since 1997. Very clean and well maintained.Has a two bedroom 1 bath home with a 2 car detached garage on site. Opportunity to live there or rent it out for additional revenue.Currently the hotel is run with no advertisement or internet and would therefore offer new ownership strong upside potential. Asset is underperforming the market.
Location
State WI
County Jefferson
Zoning SMU
Rooms
Basement None / Slab
Interior
Heating Natural Gas
Cooling Hot Water/Steam, Wall/Sleeve Air
Exterior
Exterior Feature Brick, Brick/Stone, Partial-Asbestos/Asphalt
Garage Spaces 21.0
Parking On Site 21
Roof Type Composition/Fiberglass
Building
Sewer Municipal Sewer, Municipal Water, Well
New Construction N
Others
Special Listing Condition Arms Length
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 Keller Williams Prestige
NEARBY SCHOOLS & BUSINESSES
GET MORE INFORMATION