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101 Aviation Way
Watertown, WI 53094
Best Western Watertown · Hospitality Property For Sale · 48,660 SF

Property Facts

Property Type Hospitality
Property Subtype Hotel
Building Class B
Lot Size 2.06 AC
Building Size 48,660 SF
No. Stories 2
Year Built/Renovated 1996/2021
Tenancy Single
Parking Ratio 1.85/1,000 SF
Corridor Interior
Zoning GB - General Business

Amenities

  • Business Center
  • Fitness Center
  • Pool
  • High Speed Internet Access
  • Meeting Event Space
  • Public Access Wifi
  • Smoke-Free
  • Hot Tub

About 101 AVIATION WAY , WATERTOWN, WI 53094

Property Overview: The Holiday Inn Express Watertown is a 79-room, two-story, upper-midscale hotel with an elevator. This InterContinental Hotels Group-branded hotel has been completely renovated and offers many guest room and common area amenities. Available for guests is a 1,250 square-foot event room, fitness center, heated indoor pool, and indoor whirlpool. Each guest room includes a microwave, refrigerator, and flat-screen television. The entire property was completely renovated in the Summer of 2018 and currently, the entire pool area is being remodeled. Location Overview: Watertown, Wisconsin is located in the central part of the state directly situated between Milwaukee (51.3 miles) and Madison (40.3 miles). The City of Watertown has invested resources and engaged the Redevelopment Resources LLC to construct ideas on how to redevelop the Rock River corridor and downtown (2.0 miles). The region offers a business district, retail, and historic buildings and with the revitalization efforts, they have budgeted significant resources for the efforts. On January 9, 2019, the Redevelopment Authority completed the purchase of the Watertown Daily Times building which was the last of the six properties that have been targeted by the City for redevelopment. The city also offers leisure travelers recreational activities including an ample park system with 22 parks covering over 268 acres of wooded walking trails, fishing areas, and cross country skiing. Also, the city hosts multiple festivals throughout the year such as Art Festival, Fourth of July Festival, and the Holiday of Lights Parade. Furthermore, situated in close proximity is the Marantha Baptist University (1.8 miles) which has a student body of 1,414 students who came from 48 states, 18 countries, and 2 territories. The Luther Preparatory School (2.1 miles) also is nearby by and has an enrollment of 419 students and offers on-campus residential facilities. Both institutions host multiple scholastic and sporting events throughout the year.

Property Taxes

Property Taxes

Parcel Number
291-0815-0932-008
Land Assessment
$350,000
Improvements Assessment
$5,100,200
Total Assessment
$5,450,200
  • Listing ID: 15634216

  • Date on Market: 4/4/2019

  • Last Updated:

  • Address: 101 Aviation Way, Watertown, WI 53094

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