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    411 Southgate Dr Tomahawk, WI 54487

    For Sale
    $295,000

    Established Motel, 19 Rooms, Great Location

    Property size:
    4,717 SF

    Description

    Added:
    Feb 3, 2025
    Days on Market:
    315
    This established 19-room motel presents a fantastic investment opportunity in Tomahawk, Wisconsin. Located on a 0.63-acre lot at 411 Southgate Drive, the property enjoys a prime location near numerous lakes, ATV/snowmobile trails, and the downtown area, ensuring consistent tourist traffic. The Moose Run Motel boasts a diverse clientele, including short-term tourists, weekly, and monthly renters, providing a stable income stream. The property includes a spacious manager's quarters, complete with a full kitchen and one bedroom and one bathroom, offering convenient on-site living. The current owner, who has successfully operated the motel for 17 years, is retiring and seeking a new owner to continue its legacy. The building encompasses 4,717 square feet and benefits from an existing, loyal customer base built over years of successful operation, providing immediate revenue potential. This turnkey operation is ready for a new owner to step in and continue the established success. The property's proximity to recreational activities and the local mill ensures a consistent flow of guests throughout the year. This is an exceptional opportunity to acquire a profitable, established business in a desirable location. The asking price is $295,000.

    Property Features for 411 Southgate Dr

    General Information

    Property type
    Other commercial real estate
    Square Feet
    4,717 SF
    Lot Size
    27,443 SF

    Building Details

    Year Built
    1950
    Property Profile Location Intelligence

    Current Use by Public Records

    Moose Run motel Motel

    Suggested Use

    Realty agency Restaurant Law Firm Spa & Massage Dental Office Hair Salon Nail Salon Building Supply Clothing Store Auto Repair Shop

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Tomahawk
    County
    LINCOLN
    State
    Wisconsin
    Longitude
    -89.73257
    Latitude
    45.46602

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    FAQs

    What type of property is this?
    Commercial real estate - Established Motel, 19 Rooms, Great Location
    Where is this commercial real estate located?
    The property is located at 411 Southgate Dr Tomahawk, WI.
    What is the asking price?
    The asking price for this property is $295,000.
    (715) 842-0811
    Request Owner's contact information
    411 Southgate Dr Tomahawk, WI 54487
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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.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

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

    Relative

    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
    411 Southgate Dr Tomahawk, WI 54487
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