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2315 State Highway 17
Phelps, WI 54554
Lakeview Motel · Hospitality Property For Sale
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5,500 SF
PROPERTY FACTS
| Property Type | Hospitality | No. Stories | 1 |
| Property Subtype | Hotel | Year Built | 1980 |
| Building Class | C | Parking Ratio | 4.72/1,000 SF |
| Lot Size | 3.11 AC | Corridor | Exterior |
| Building Size | 5,500 SF | ||
| Zoning | C - Commercial | ||
| Property Type | Hospitality |
| Property Subtype | Hotel |
| Building Class | C |
| Lot Size | 3.11 AC |
| Building Size | 5,500 SF |
| No. Stories | 1 |
| Year Built | 1980 |
| Parking Ratio | 4.72/1,000 SF |
| Corridor | Exterior |
| Zoning | C - Commercial |
ABOUT 2315 STATE HIGHWAY 17 , PHELPS, WI 54554
A GREAT investment opportunity to own the ONLY motel in Phelps & it offers fantastic views of North Twin Lake! Live on the property with the same gorgeous view in the open concept home or increase the income potential and rent it out as well! Both buildings are energy efficient ‘earth shelters’, built into the hill, with hydronic heat. The home’s wood burning stove keeps you warm all winter & the deck offers fantastic opportunities to watch the world go by all summer. Entertain in the spacious kitchen, living & dining area. The full basement holds the office, the third bedroom, a full bath, lots of storage & the 1 car garage. This home has everything you need, and the detached 2 car garage is a bonus! The motel features 11 units, 3 with kitchens, 8 with kitchenettes and a great guest return rate! In the heart of year-round Northwoods recreation, this is a fantastic live/work or investment only opportunity! Lakeview Motel is priced to sell so come see it TODAY!
PROPERTY TAXES
| Parcel Number | 18-107-02 | Improvements Assessment | $340,800 |
| Land Assessment | $21,500 | Total Assessment | $362,300 |
PROPERTY TAXES
