250 Church StMishicot, WI 54228
- Other commercial real estate
- 10.93 AC
Property Details for 250 Church St
- Lot size
- 10.93 AC
- Property type
- Other commercial real estate
- APN
- 35-005-009-001.00
- APU
- 3500500900100
Description
Exceptional investment opportunity in a distressed sale presents the Par 5 Golf Resort, a premier hospitality destination nestled in Mishicot, Wisconsin. This fee-simple property boasts 45 holes of championship golf across two courses (Fox Creek - 27 holes and The National - 18 holes), a 102-room hotel complete with an indoor pool, jacuzzi, and fitness center, and a substantial 19,714 square foot conference center capable of hosting 460 guests. A separate 11,400 square foot restaurant complements the resort's amenities. The property sits on a sprawling 362-acre lot and comprises seven buildings, totaling 19,714 square feet of rentable space. Built in 1964, the resort has undergone significant renovations in 1978, 1988, and most recently in 2020, with nearly $1.2 million invested in upgrades. Currently operating at 100% occupancy, the property is zoned for mixed use and presents a unique value-add opportunity. The sale is under Chapter 128 receivership, and all cash offers with minimal contingencies will be given preference. Located just 35 minutes from Green Bay, this resort enjoys proximity to major Wisconsin tourism areas, including Sheboygan and Door County, offering significant potential for revenue growth. The auction date is set for November 8th at 10 AM. Interested parties are encouraged to submit qualified bids prior to the auction.
Valuation
by Paperhouses methods
- Valuation date:
- Dec 11, 2024
-
Alternative Use
- Use
- Valuation
- Residential
- $98,399,712
- Hospitality
- $90,133,608
- Educational
- $74,990,104
- Medical
- $77,569,128
- Retail
- $116,651,272
Location Insight
- City
- Mishicot
- County
- Manitowoc
- State
- Wisconsin
- Latitude
- 44.2315
- Longitude
- -87.6543
- CBSA code
- 31820
- CBSA name
- MANITOWOC, WI MICROPOLITAN STATISTICAL AREA
Property Tax & Assessments
Comparable in this City
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