Bought with Keller Williams Prestige
$500,000
$576,000
13.2%For more information regarding the value of a property, please contact us for a free consultation.
4,292 SqFt
SOLD DATE : 08/30/2022
Key Details
Sold Price $500,000
Property Type Commercial
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 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
Interior
Heating Hot Water/Steam, Natural Gas, Wall/Sleeve Air
Cooling Hot Water/Steam, Natural Gas, Wall/Sleeve Air
Flooring No
Exterior
Exterior Feature Brick, Part-Asbestos/Aspalt
Garage Spaces 21.0
Roof Type Composition
Building
Water Municipal Sewer, Municipal Water, Private Well
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 2024 Multiple Listing Service, Inc. - All Rights Reserved
GET MORE INFORMATION
Realtor-Broker | Lic# 58614-90