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Motel With Lakefront Parcel
New
For Sale
$824,900

2315 HWY 17, Phelps, WI 54554

CommercialSale, Phelps, WI

Property SizeContact for details
Lot Size3.72 Acres
Days on Market2

Property Features for 2315 HWY 17

General Information

Property type Commercial Sale
Property subtype Other
Bedrooms 13
Bathrooms 13
Full bathrooms 13
Rooms Bedroom 8, Bathroom 5, Bathroom 10, Bedroom 11, Bathroom 11, Bathroom 2, Bedroom 5, Bedroom 6, Bedroom 9, Bedroom 10, Bathroom 6, Bathroom 9, Bathroom 3, Bedroom 7, Bathroom 7, Bathroom 1, Bedroom 12, Bathroom 8, Bedroom 2, Bathroom 12, Bedroom 3, Bathroom 4, Bedroom 13, Bedroom 4, Bedroom 1, Bathroom 13
Parking features Driveway
Interior features Storage
Exterior features Storage
Lot features Open Space, Views
View Water
Directions From Land O Lakes, take US 45 South to left on CTH E. Take CTH E to right on STH 17. Take STH 17 to fire number 2315.
Standard status Active
APN 18-107 & 18-107-02
Lot size 3.72 Acres

Taxes and HOA fees

Tax Year 2025
Tax Description PRT GOVT LOT 3 & PRT GOVT LOT 3
Tax Annual Amount 6497
Legal Description PRT GOVT LOT 3 & PRT GOVT LOT 3

Utilities

Sewer type Public Sewer
Heating system Natural Gas, Electric (Heating), Hot Water(Heating)
Water source Public
Water front 1

Building Details

Number of units 13
Flooring type Carpet, Laminate, Tile
Building materials Brick, Frame, Masonry, Stone, WoodSiding
Roof type Composition, Shingle
Additional Structures Storage, Outbuilding
Listing Agency: ELIASON REALTY - EAGLE RIVER
Listed By: JEREMY RYAN · License #80784 - 94
Added: Sep 2 Last Checked: Sep 3 at 2:06PM
MLS# 219390

Copyright © 2026 Greater Northwoods MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

Investment Insights

Based on property information with market context.

This motel property includes 10 furnished guest rooms arranged as five double-queen rooms and five king rooms, each approximately 26 x 12. The improvements also include a reception area, an additional guest space with a king bed and bath, a 2BR/2BA owner-manager residence, multiple garages, and a 30 x 46 rental storage building. Guest amenities and operating features include a coffee bar, onsite laundry, and included room furnishings. Recent work includes motel windows, the living-quarter roof, front and rear decks, and house windows ready for installation.

The offering spans approximately 3.72 acres, including a separate 0.62-acre lakefront parcel across the street. That parcel provides 150' of sand/gravel shoreline on North Twin Lake, western exposure, municipal sewer and water, an RV hookup and pad, storage shed, piers, and a lift. The motel site has elevated lake views, while included snowmobiles and UTVs add recreational equipment to the property package.

Key Highlights

  • 10 furnished motel rooms: five double‑queen and five king rooms
  • 2BR/2BA owner‑manager residence with reception area and additional guest space
  • Approximately 3.72 acres, including a separate 0.62‑acre lakefront parcel

Property Analytics

Current Use

Motels

Suggested Use

Top Pick HVAC Service Pharmacy Big Box & Wholesale Store Kitchen & Bath Showroom Barber Shop Building Supply

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

Turnkey business
Opportunity

Location Intelligence

Trade Area within ½ mile

55
Businesses Nearby
Well-served
Demand for This Use

Demographics for 54554, WI

1,042
Population
1,279
Households
0.8
Avg Household Size
60
Median Age
17%
College-Educated
98%
High-School Grad
80.9 sq mi
ZIP Area
13
Density / Sq Mi
$58,478
Median Household Income
$41,080
Median Earnings
$730
Median Rent
$222,600
Median Home Value

Market

Vacancy Rate% for Office in Midwest region

13.7% 2019
15.6% 2020
17.1% 2021
18.9% 2022
21% 2023
22% 2024
21.3% 2025
Rey
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.

Similar Off Market Nearby

  • Great Escape Bar & Resort 2510 WI-17, Phelps, WI 54554
  • Phelps Lakeview Lodge 2315 WI-17, Phelps, WI 54554
  • South Shore Vieux Cottage 2552 Fifteen Ln, Phelps, WI 54554

Frequently Asked Questions

What type of property is this?
Motel - Includes furnished guest rooms, an owner-manager residence, storage facilities, and a separate lakefront parcel.
Where is this motel located?
The property is located at 2315 HWY 17 Phelps, WI.
What is the asking price?
The asking price for this property is $824,900.
What are key features of this property?
This property features: 10 furnished motel rooms: five double‑queen and five king rooms; 2BR/2BA owner‑manager residence with reception area and additional guest space; Approximately 3.72 acres, including a separate 0.62‑acre lakefront parcel
More about this property
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