701 & 703 State Road 70 W Grantsburg, WI 54840

Building Details

Year Built

1970

Listing Agency Crex Realty Inc m***@crexrealty.com Show Phone

Listed by Marian Nelson · License #14673-90 Show Phone

Source Exitrealty

Added: Sep 10, 2024 Checked: Jul 17 at 4:23 am

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Investment Insights

Based on property information with market context.

The Grantsburg Inn features a 22-unit motel, 6 apartment rentals, a car wash, and laundry facilities. It is located in a popular tourist and vacation area approximately 75 miles from the Twin Cities. The property is situated on a 3.14-acre lot. The motel includes 21 guest rooms with Queen or King beds: 18 double Queen rooms, 2 Quad Queen rooms, and 1 King Suite Room. It also has a lobby, a manager's apartment, a large linen room, and additional storage. There is extra space in the unfinished attic and basement for future expansion. The 6 auxiliary apartments are rented as long-term rentals. The property is located within 1-2 miles of the Crex Meadows and Fish Lake Wildlife area, and about 4 miles from the St. Croix River. Most rooms have been recently remodeled, and the seller has made a number of upgrades in the last two years. The property size is 12000 square feet.

Key Highlights

• Diverse income streams from the motel, apartments, car wash, and laundry.
• Prime location in a popular tourist area near Crex Meadows, Fish Lake Wildlife Area, and St. Croix River.
• Most motel rooms recently remodeled with upgrades in the last two years.

Property Analytics

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• Grantsburg Inn — 703 WI-70, Grantsburg, WI 54840

FAQs

What type of property is this?

Motel - 22-unit motel, 6 apartments, car wash, laundry on 3.14 acres.

Where is this motel located?

The property is located at 701 & 703 State Road 70 W Grantsburg, WI.

What is the asking price?

The asking price for this property is $750,000.

What are key features of this property?

This property features: Diverse income streams from the motel, apartments, car wash, and laundry.; Prime location in a popular tourist area near Crex Meadows, Fish Lake Wildlife Area, and St. Croix River.; **Most motel rooms recently remodeled** with upgrades in the last two years.