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Ripon Welcome Inn 240 E Fond du Lac St 38 Room Hotel Ripon, WI 54971 $799,900 ($21,050/Room)
Investment Highlights
- Prime Downtown Ripon!
Executive Summary
Prime Downtown Ripon Commercial Opportunity – 38-Room Hotel + 40 Parking Spaces!
Located in the heart of Ripon, WI’s vibrant downtown, this commercially zoned 38-room hotel sits on two lots offering ample parking—approximately 40 dedicated spaces. Zoned for a variety of uses, the property is a canvas for visionaries: boutique inn, spa retreat, multi-family housing, coworking hub, and beyond. While in need of TLC, the building is anchored by a newer roof and selective updates, giving you a solid starting point. Ripon’s revitalizing commercial core, is the perfect backdrop for this investment dream . Don’t miss this rare opportunity to reshape a storied downtown asset—your creativity is the limit in one of America’s best small-town Main Streets!
Located in the heart of Ripon, WI’s vibrant downtown, this commercially zoned 38-room hotel sits on two lots offering ample parking—approximately 40 dedicated spaces. Zoned for a variety of uses, the property is a canvas for visionaries: boutique inn, spa retreat, multi-family housing, coworking hub, and beyond. While in need of TLC, the building is anchored by a newer roof and selective updates, giving you a solid starting point. Ripon’s revitalizing commercial core, is the perfect backdrop for this investment dream . Don’t miss this rare opportunity to reshape a storied downtown asset—your creativity is the limit in one of America’s best small-town Main Streets!
Property Facts
| Price | $799,900 | Building Size | 17,600 SF |
| Price Per Room | $21,050 | No. Rooms | 38 |
| Sale Type | Investment | No. Stories | 2 |
| Property Type | Hospitality | Year Built | 1971 |
| Property Subtype | Hotel | Tenancy | Single |
| Building Class | C | Parking Ratio | 2.27/1,000 SF |
| Lot Size | 0.92 AC | Corridor | Interior |
| Zoning | B-1 - Business Commercial | ||
| Price | $799,900 |
| Price Per Room | $21,050 |
| Sale Type | Investment |
| Property Type | Hospitality |
| Property Subtype | Hotel |
| Building Class | C |
| Lot Size | 0.92 AC |
| Building Size | 17,600 SF |
| No. Rooms | 38 |
| No. Stories | 2 |
| Year Built | 1971 |
| Tenancy | Single |
| Parking Ratio | 2.27/1,000 SF |
| Corridor | Interior |
| Zoning | B-1 - Business Commercial |
Amenities
- Business Center
- Restaurant
- On-Site Bar
- Meeting Event Space
Room Mix Information
| Description | No. Rooms | Daily Rate | SF |
|---|---|---|---|
| Suite | 1 | $120.00 | - |
| Guest Room | 37 | $94.00 | - |
Property Taxes
| Parcel Numbers | Improvements Assessment | $656,500 | |
| Land Assessment | $53,500 | Total Assessment | $710,000 |
Property Taxes
Parcel Numbers
Land Assessment
$53,500
Improvements Assessment
$656,500
Total Assessment
$710,000
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Ripon Welcome Inn | 240 E Fond du Lac St
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