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    N9695 Hwy Necedah, WI 54646

    For Sale
    $699,000

    Turnkey Motel, 21 Units, High Income

    Property size:
    9,472 SF

    Description

    Added:
    Feb 3, 2025
    Days on Market:
    309
    This exceptional investment opportunity presents a 21-unit turnkey motel situated on a spacious 3.32-acre lot at N9695 Highway 80, Necedah, WI. The property boasts a substantial 9,472 square feet of building space, offering ample room for guests and operational needs. Included is a comfortable 2-bedroom home featuring a full, unfinished basement and a detached 2-car garage, providing convenient on-site living quarters for management or additional rental income. Many motel rooms have undergone updates within the past year, ensuring a modern and attractive guest experience. The motel's prime location offers easy access to both Castle Rock Lake and Pettenwell Lake, attracting a consistent stream of tourists and recreational visitors. This translates into a reliable income stream with a well-established customer base. The property features low maintenance requirements, an on-site laundry facility, and additional space readily adaptable for a recreation room. Ample parking is available, catering to the needs of guests and staff. Furthermore, the property presents significant potential for expansion, allowing for future growth and increased revenue generation. The asking price for this thriving business is $699,000. This is a rare chance to acquire a well-established, profitable motel with significant upside potential.

    Property Features for N9695 Hwy

    General Information

    Property type
    Other commercial real estate
    Square Feet
    9,472 SF
    Lot Size
    144,619 SF

    Building Details

    Year Built
    1958
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    Necedah
    County
    JUNEAU
    State
    Wisconsin
    Longitude
    -90.0667
    Latitude
    44.0494

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    FAQs

    What type of property is this?
    Commercial real estate - Turnkey Motel, 21 Units, High Income
    Where is this commercial real estate located?
    The property is located at N9695 Hwy Necedah, WI.
    What is the asking price?
    The asking price for this property is $699,000.
    (608) 254-9488
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

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    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

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    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    N9695 Hwy Necedah, WI 54646
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