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Listed by NextHome Prime Real Estate
$ 1,275,000
Est. payment | /mo
12,266 SqFt
$ 1,275,000
Est. payment | /mo
12,266 SqFt
Key Details
Property Type Commercial
Listing Status Contingent
Purchase Type For Sale
Square Footage 12,266 sqft
Price per Sqft $103
MLS Listing ID 1910784
Year Built 1950
Annual Tax Amount $6,977
Tax Year 2024
Contingent With Offer
Lot Size 4.870 Acres
Acres 4.87
Property Description
Discover a rare investment opportunity with the Hickoryhill motel boasting a long history of success. The property features 24 total units, including a 10-room main hotel, an 8-unit building, and an additional 6-unit structure, offering flexible accommodations for guests. A private 2-bedroom living space is included, perfect for an owner or on-site manager. Guests will enjoy the swimming pool and well-maintained grounds, while investors will appreciate the potential for expansion on the additional acreage. This versatile property provides multiple income streams, whether operating as a traditional motel, converting to long-term rentals, or transitioning into an Airbnb-style retreat. A 2.5-car garage offers extra storage space, and did we mention solar for additional savings
Location
State WI
County Vernon
Zoning Commercial
Rooms
Basement None
Interior
Heating Electric, Indiv. Heating Units
Cooling Electric, Indiv. Heating Units
Flooring No
Exterior
Exterior Feature Vinyl
Garage Spaces 40.0
Roof Type Metal
Building
Water Private Well, Septic System
Others
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