240 Fond Du Lac StRipon, WI 54971

This exceptional investment opportunity presents a 17,600 square foot, 38-room hotel situated on a 0.92-acre lot in Ripon, Wisconsin. Located on the city's most prominent commercial corridor, this property boasts a substantial 200-seat banquet hall complete with a bar and dance floor, ideal for weddings, corporate events, and other large gatherings. The hotel also features a spacious lobby, a dedicated breakfast room, and convenient guest laundry facilities. Recent improvements include a complete roof replacement and the installation of two new water heaters in September 2022, ensuring efficient and cost-effective operation. The property's significant potential extends beyond its current configuration. The 0.92-acre lot includes two additional parcels at 416 and 418 Houston Street, offering ample space for expansion of the existing hotel or the construction of a secondary commercial building. This presents a unique chance to increase revenue streams and further capitalize on the property's prime location. The asking price for this remarkable property is $890,000. An adjacent single-family home is available separately, providing additional investment possibilities. This is a rare chance to acquire a well-maintained, established business with significant upside potential in a thriving Wisconsin community.