411 Southgate Dr Tomahawk, WI 54487
- Commercial real estate
- 4,717 SF
- 0.63 lot acres
Current Use by Public Records
- Moose Run motel / Motel / Hotel
Property Details for 411 Southgate Dr
- Year built
- 1950
- Lot size
- 0.63 lot acres
- Property size
- 4,717 SF
- Property type
- Commercial real estate
Description
This established 19-room motel presents a fantastic investment opportunity in Tomahawk, Wisconsin. Located on a 0.63-acre lot at 411 Southgate Drive, the property enjoys a prime location near numerous lakes, ATV/snowmobile trails, and the downtown area, ensuring consistent tourist traffic. The Moose Run Motel boasts a diverse clientele, including short-term tourists, weekly, and monthly renters, providing a stable income stream. The property includes a spacious manager's quarters, complete with a full kitchen and one bedroom and one bathroom, offering convenient on-site living. The current owner, who has successfully operated the motel for 17 years, is retiring and seeking a new owner to continue its legacy. The building encompasses 4,717 square feet and benefits from an existing, loyal customer base built over years of successful operation, providing immediate revenue potential. This turnkey operation is ready for a new owner to step in and continue the established success. The property's proximity to recreational activities and the local mill ensures a consistent flow of guests throughout the year. This is an exceptional opportunity to acquire a profitable, established business in a desirable location. The asking price is $295,000.
Value Estimation
-
CAP approach
-
Comparable approach
-
Alternative Use
Location Insight
- Map
- Local Demand
- City
- Tomahawk
- County
- LINCOLN
- State
- Wisconsin
- Longitude
- -89.7326
- Latitude
- 45.466
