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300 E Main St
Lake Geneva, WI 53147
Comfort Suites Lake Geneva East · Hospitality Property For Sale · 45,553 SF

INVESTMENT HIGHLIGHTS

  • 80-Room, Interior Corridor, Upper Midscale Hotel Built in 2005
  • Lake Geneva: 2019 USA Today Readers Choice Best Small Town for Adventure
  • Operational Upside for Prospective Hands-On Owner-Operator Investor
  • Located Approximately 50 Miles Southwest of Milwaukee, 70 Miles Southeast of Madison, and 80 Miles Northwest of Chicago
  • Approximately $280,000 in Renovations and Capital Improvements Since 2017

PROPERTY FACTS

Property Type Hospitality
Property Subtype Hotel
Building Class B
Lot Size 4.62 AC
Building Size 45,553 SF
No. Stories 3
Year Built 2005
Tenancy Single
Parking Ratio 1.21/1,000 SF
Corridor Interior
Zoning B - Commercial (NEC)

AMENITIES

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

ABOUT 300 E MAIN ST , LAKE GENEVA, WI 53147

Property Overview: The Comfort Suites Lake Geneva East is an 80-room, upper-midscale hotel, built in 2005. The Choice International Hotels-branded property provides each suite furnished with a sofa bed, microwave, refrigerator, and a flat panel television. The common amenities include an on-site hotel marketplace, fitness center, 14 passenger private shuttle and indoor pool. Location Overview: Lake Geneva is in the southeastern part of Wisconsin and is a popular resort city in the region. The investment property is positioned on 300 East Main Street which is near several attractions for business and leisure travelers alike. Lake Geneva offers many different activities from golfing, horseback riding, skiing, boat cruising, fishing charters, museums, parks and many more. USA Today Reader’s Choice 2019 voted Lake Geneva the “Best Small Town for Adventures”. The Gage Marine (7.0 miles) offers boat and pier services, wedding and social events, and most well known for their boat cruises. In addition, the Alpine Ski Valley Resort (13.6 miles) is an all-season venue by offering a golf course, alpine skiing, and the Alpine Music Theater. There is also the Big Foot Beach State Park which is a 271-acre park and well-known for its 900 feet of shoreline with a swimming sand beach. Furthermore, for the third consecutive year the University of Wisconsin-Whitewater has been named among the Colleges of Distinction and now serves more than 13,000 students. The university hosts multiple scholastic and graduation events throughout the year. Todd Lindblom Broker of Record License: WI 56163-90

PROPERTY TAXES

PROPERTY TAXES

Parcel Numbers
Multiple
  • NA194200001
  • ZA194200001
Land Assessment
$459,600
Improvements Assessment
$6,455,500
Total Assessment
$6,915,100
  • Listing ID: 20379975

  • Date on Market: 7/23/2020

  • Last Updated:

  • Address: 300 E Main St, Lake Geneva, WI 53147

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