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16-Suite Motel
For Sale
$1,800,000

488 South Street #1-16, Green Lake, WI 54941

Commercially zoned lodging property near the waterfront, marina, park, and downtown amenities.

Property Size5,953 SF
Price / SF$302.37
Days on Market130

Property Features for 488 South Street #1-16

General Information

Standard status Active
Size 5,953 SF
Property subtype Commercial
Zoning Commercial

Building Details

Building Size 5,953 SF
Year Built 1957
Units 16
Listing Agency: Better Homes And Gardens Real Estate Special Properties
Listed By: Sarah Loberg · License #5884090
Source: Geigerrealtors
Added: Jun 23 Changed: Oct 29 Last Checked: Oct 29 at 10:52PM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Better Homes And Gardens Real Estate Special Properties

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Investment Insights

Based on property information with market context.

This motel contains 16 furnished suites, including an owner's suite, within a 5,953-square-foot property built in 1957. The property is zoned Commercial and is located at 488 South Street in Green Lake.

The setting is close to the water and across from a marina and park. Downtown restaurants, ice cream shops, additional parks, marinas, and a public beach are also nearby.

Key Highlights

  • 16 furnished suites, including an owner's suite
  • 5,953‑square‑foot motel built in 1957
  • Commercial zoning

Property Analytics

Who owns this building? See the owner, sales and loan history
Open Analytics

Current Use

Green Lake Suites Hotel & Motel

Suggested Use

Top Pick Dental Office Building Supply Auto Parts Store Law Firm Hair Salon Pharmacy

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

Location Intelligence

Trade Area within ½ mile

227
Businesses Nearby
Well-served
Demand for This Use

Demographics for 54941, WI

2,543
Population
1,915
Households
1.3
Avg Household Size
55
Median Age
36%
College-Educated
95%
High-School Grad
32.4 sq mi
ZIP Area
78
Density / Sq Mi
$77,875
Median Household Income
$45,975
Median Earnings
$743
Median Rent
$270,200
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
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Similar Off Market Nearby

  • Heidel House Resort & Spa — 643 Illinois Ave, Green Lake, WI 54941
  • The Manor On Green Lake — 372 S Lawson Dr, Green Lake, WI 54941
  • Carol Shores Vacation Rentals — 386 s lawson dr, green lake, wi 54941
  • Greenway Log Cottages — 401 Strauss Ave, Green Lake, WI 54941
  • Green Lake Wisconsin — 380 Lake St, Green Lake, WI 54941

Frequently Asked Questions

What type of property is this?
Motel - Commercially zoned lodging property near the waterfront, marina, park, and downtown amenities.
Where is this motel located?
The property is located at 488 South Street #1-16 Green Lake, WI.
What is the asking price?
The asking price for this property is $1,800,000.
What are key features of this property?
This property features: 16 furnished suites, including an owner's suite; 5,953‑square‑foot motel built in 1957; Commercial zoning
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