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Hiawatha Motor Inn
1982 Hwy 45 N, Eagle River, WI 54521
$799,000
29
25,000 SF
$27,551.72
Hotel & Motel
Economy/ Limited Service
Investment
Yes
3.25 AC
-
Find Out More...
Last Verified 9/9/2009
Listing ID 16283337
Highlights
On the Eagle River Chain of 29 Lakes- Located on the snowmobile trail
- Sales between $210,000 - $250,000
- Operating costs between $85,000 - $99,000
- New Metal Roof, Siding, Beds, Carpeting, Doors, Windows, Phone System...etc.
Description
**PRICE REDUCED**
This 29 room inn overlooks Duck Lake on the Eagle River Chain of 28 Lakes, in the "Snowmobile Capital of the World". The Hiawatha Motor Inn is a long established landmark in the Eagle River area. Repeat business is wonderful. Unique set up with all rooms having both interior and exterior entrances. Large lobby with big screen tv, fireplace and pool table, also a continental breakfast area. The lower level has a meeting room. Plenty of parking for all the boats and snowmobile trailers. 35x70 Garage area for storage. Great for snowmobiling, boating, hunting, and fishing
3 bedroom / 2 bath living quarters attached to motel with private deck of lakeviews. Last 2 years has been run with managers on site, or can be run owner occupied.
This inn has been totally renovated with extensive remodeling including new beds in January 2009. Move right in and get instant income and live your life in the northwoods with a wonderful business. Everything has been done the only thing missing is you.
Will consider owner /seller financing with the right contract.
CONTACT OWNERS by email hiawathamotorinn@yahoo.com or call 715-891-2440 for all questions and inquiries.
In the heart of the northwoods....
The Hiawatha Motor Inn is located just 3 miles north of downtown Eagle River Wisconsin on Duck Lake -
on the Eagle River Chain of 28 Lakes.
Located 320 miles north of the Chicagoland area.
230 miles north of Milwaukee & Madison
Just 12 miles south of the UP Michigan border
| Description | No. Rooms | | |
|---|
| King Rooms | 5 | | |
| 2 Queen Beds Room | 22 | | |
| 1 Queen Bed Room | 1 | | |
| Kitchen Suite | 1 | | |
Map of 1982 Hwy 45 N, Eagle River, WI 54521 (Vilas County)
Created 6/17/2009
Additional Information for 1982 Us Highway 45 N, Eagle River, WI 54521
- Active For Sale - 1 Listing
- Active For Lease - 0 Listing
- Previously Listed - 2 Historic Listings
- Sales Comparables Available - 0 RecentSales Record
View additional information for the property view other currently active listings, previous listings, sales comparables, public records, and county records data for this address.
The information above has been obtained from sources believed reliable. While we do not doubt its accuracy we have not verified it and make no guarantee, warranty or representation about it. It is your responsibility to independently confirm its accuracy and completeness. Any projections, opinions, assumptions, or estimates used are for example only and do not represent the current or future performance of the property. The value of this transaction to you depends on tax and other factors which should be evaluated by your tax, financial, and legal advisors. You and your advisors should conduct a careful, independent investigation of the property to determine to your satisfaction the suitability of the property for your needs.