100 Silver St Hurley, WI 54534
- Hospitality properties
- 6,990 SF
Current Use by Public Records
- Love Hotels on Silver Street at Hurley WI / Lodge / Motel
Property Details for 100 Silver St
- Year built
- 1960
- Property size
- 6,990 SF
- Property type
- Hospitality properties
- Property subtype
- Motels
Description
This 18-room motel in Hurley, Wisconsin presents a compelling investment opportunity. Built in 1960 and renovated in 2019, the property boasts 6,990 square feet on a 14,810 square foot lot. The two-story building includes 18 keys, offering ample guest accommodations. Each room has two parking spaces. The property also features an office and basement space. Seller financing is available with attractive terms. The asking price is $569,000, translating to $81.40 per square foot and $31,611.11 per bed. This turnkey operation provides a consistent income stream, making it an ideal investment for those seeking a profitable venture in the hospitality sector. Located at 100 Silver St, Hurley, WI 54534, this established motel offers a chance to capitalize on a thriving market. The property's history and recent renovations combine to create a strong foundation for future success. This is a rare opportunity to acquire a well-maintained, income-generating motel in a desirable location.
Value Estimation
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Hurley
- County
- Iron
- State
- Wisconsin
- Longitude
- -90.1808
- Latitude
- 46.4502
