Current Use by Public Records
- Commercial real estate
Property Details for N9695 Hwy
- Year built
- 1958
- Lot size
- 3.32 lot acres
- Property type
- Commercial real estate
Description
This exceptional investment opportunity presents a 21-unit turnkey motel situated on a spacious 3.32-acre lot at N9695 Highway 80, Necedah, WI. The property boasts a substantial 9,472 square feet of building space, offering ample room for guests and operational needs. Included is a comfortable 2-bedroom home featuring a full, unfinished basement and a detached 2-car garage, providing convenient on-site living quarters for management or additional rental income. Many motel rooms have undergone updates within the past year, ensuring a modern and attractive guest experience. The motel's prime location offers easy access to both Castle Rock Lake and Pettenwell Lake, attracting a consistent stream of tourists and recreational visitors. This translates into a reliable income stream with a well-established customer base. The property features low maintenance requirements, an on-site laundry facility, and additional space readily adaptable for a recreation room. Ample parking is available, catering to the needs of guests and staff. Furthermore, the property presents significant potential for expansion, allowing for future growth and increased revenue generation. The asking price for this thriving business is $699,000. This is a rare chance to acquire a well-established, profitable motel with significant upside potential.
Value Estimations
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AI approach
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Necedah
- County
- JUNEAU
- State
- Wisconsin
- Longitude
- -90.0667
- Latitude
- 44.0494
