8839 Wolf River Rd, Fremont, WI 54940
This exceptional commercial property, located at 8839 S WOLF RIVER ROAD in Fremont, WI, presents a unique investment opportunity. Spanning 4 acres, the property boasts a substantial 19,677 square foot building currently operating as a hotel with 12 rooms, a restaurant, a banquet room, and a dance floor. Two additional living quarters are included on the premises. A significant advantage is the inclusion of 20 boat slips, perfectly positioned at the beginning of the Wolf River system in Fremont, a prime location for water traffic. The Wolf River system offers 91 miles of navigable waterway, soon to be further enhanced by the opening of Fox River locks to Green Bay, significantly increasing accessibility and potential for tourism. This property's strategic location offers diverse development possibilities. The existing infrastructure could be maintained and expanded upon, or the site could be redeveloped to capitalize on the high volume of boat traffic and the potential for campsites, condominiums, or residential development. The property's size and existing features provide a solid foundation for a variety of commercial ventures, making it an attractive investment with significant upside potential. The asking price is $1,699,000.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
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Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
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Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.