Turnkey Bed and Breakfast
711 Giddings Avenue Unit 707 Sheboygan Falls, WI 53085
711 Giddings Avenue Unit 707, Sheboygan Falls, WI, 53085
$949,900
For Sale
$949,900
Turnkey B&B includes furniture and appliances, with multiple guest suites and an additional accessible home.
Property Size5,000 SF
Price / SF$189.98
Days on Market80
Property Features for 711 Giddings Avenue Unit 707
General Information
- Standard status
- Active
- Size
- 5,000 SF
- Property subtype
- Multi-Family / Multi-Family
Building Details
- Year Built
- 1923
Listing agency
Shorewest Realtors, Inc.
(920) 207-0044
Listed by
Keeli Johnson · License #57167-94
(920) 207-0044
Source
Compass
Added: May 4 Updated: Jul 21 at 2:18AM Checked: Jul 22 at 7:47AM
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 Shorewest Realtors, Inc.
Investment Insights
Based on property information with market context.
This turnkey Bed & Breakfast property is offered with furniture and appliances included for an uncomplicated transition. The main inn features a large great room with a stone fireplace and a scenic dining area, plus four guest suites on the upper level, each with its own full bath. Owner’s quarters are included for private living space.
A second home on the property adds more flexibility, with a main-floor bedroom and an open-concept layout. That home includes wheelchair accessibility, a lower level with a second kitchen and a rec room with a fireplace, along with two additional bedrooms. Parking and storage options include an attached 1.5-car garage and a detached 6-car garage.
With guest-suite accommodations, an owner’s living area, and a separate accessible residence, the property is well-suited to operate as a B&B or to support expanded guest stays.
A second home on the property adds more flexibility, with a main-floor bedroom and an open-concept layout. That home includes wheelchair accessibility, a lower level with a second kitchen and a rec room with a fireplace, along with two additional bedrooms. Parking and storage options include an attached 1.5-car garage and a detached 6-car garage.
With guest-suite accommodations, an owner’s living area, and a separate accessible residence, the property is well-suited to operate as a B&B or to support expanded guest stays.
Key Highlights
- Turnkey Bed & Breakfast sale includes furniture and appliances
- Main inn built in 1923 with a massive great room featuring a stone fireplace and a scenic dining area
- Upper level offers 4 guest suites, each with a full bath
Local Financial Insights For Hotel Hospitality
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $75.0k | $15.00 |
| − Vacancy | −$7.5k | −$1.50 |
| EGI | $67.5k | $13.50 |
| − OpEx | −$35.4k | −$7.09 |
| NOI | $32.1k | $6.41 |
5,000 SF · lease $15.00/SF/yr · vacancy 10.00% · expense 52.50%
Alternative Uses
Best Use
Hotel Hospitality
$458.0K
$400.8K – $534.4K
NOI $32,063 @ 7.0% cap · market cap 3.38%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$1.09M
$953.5K – $1.27M
NOI $76,279 @ 7.0% cap · market cap 8.03%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
The Fringe, A Country Inn
Bed & Breakfast
Similar For Sale Nearby
Similar Off Market Nearby
- The Fringe, A Country Inn — 711 Giddings Ave, Sheboygan Falls, WI 53085
- Rochester Inn — 504 Water St, Sheboygan Falls, WI 53085
FAQs
What type of property is this?
Bed & breakfast - Turnkey B&B includes furniture and appliances, with multiple guest suites and an additional accessible home.
Where is this bed & breakfast located?
The property is located at 711 Giddings Avenue Unit 707 Sheboygan Falls, WI.
What is the asking price?
The asking price for this property is $949,900.
What are key features of this property?
This property features: Turnkey Bed & Breakfast sale includes furniture and appliances; Main inn built in 1923 with a massive great room featuring a stone fireplace and a scenic dining area; Upper level offers 4 guest suites, each with a full bath
