833 4Th StTomahawk, WI 54487

Property Details for 833 4Th St

Property type

Commercial real estate

APN

286-3506-271-0090

APU

28635062710090

Description

This exceptional 20-room motel in Tomahawk, Wisconsin presents a compelling investment opportunity. Situated on a spacious 83,635 square foot lot at 833 N 4th St, this established property offers significant income potential. Built in 1955 and extensively renovated in 2018, the motel comprises three single-story buildings totaling 11,612 square feet. The property includes 20 keys, providing ample accommodation for guests. Convenient on-site amenities include an office, basement crawl space, and manager's quarters, enhancing operational efficiency. The asking price is $499,000, translating to $42.97 per square foot and $24,950 per bed. This represents a strong value proposition in a desirable location. Seller financing with favorable rates is available, making this an even more attractive investment prospect for those seeking to enter or expand within the hospitality sector. The motel's location in Tomahawk, WI 54487, offers access to a thriving market, promising consistent occupancy and strong returns. This turnkey operation is ready for a new owner to capitalize on its established success and inherent growth potential. The property's solid history, recent renovations, and attractive financing options combine to create a truly unique investment opportunity.

Location Insight

City

Tomahawk

County

Lincoln

State

Wisconsin

Latitude

45.4825

Longitude

-89.7297

CBSA code

48140

CBSA name

WAUSAU-WESTON, WI METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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