Innlet Motel 6269 Wi-57 12 Room Hotel Sturgeon Bay, WI 54235 $1,199,000 ($99,917/Room)
EXECUTIVE SUMMARY
Many updates over the last 2 years
PROPERTY FACTS
| Price | $1,199,000 |
| Price Per Room | $99,917 |
| Sale Type | Investment |
| Sale Condition | Business Value Included |
| Property Type | Hospitality |
| Property Subtype | Hotel |
| Building Class | B |
| Lot Size | 1.17 AC |
| Building Size | 13,235 SF |
| No. Rooms | 12 |
| No. Stories | 2 |
| Year Built | 1998 |
| Parking Ratio | 2.33/1,000 SF |
| Corridor | Exterior |
| Zoning | MC - Mixed Use Commercial |
AMENITIES
- Restaurant
- High Speed Internet Access
- On-Site Bar
- Convention Hotel
- Public Access Wifi
- Smoke-Free
ABOUT 6269 WI-57 , STURGEON BAY, WI 54235
Great commercial opportunity in the heart of Jacksonport with the ability to live on-site. This family-owned and operated business has been welcoming guests since 1998 with its 12 recently updated guest rooms. Extensive room upgrades have been done in the last two years, making this a true turn-key operation. The included private residence has also been updated and has 1752 sq.ft. with three bedrooms & two baths. Walking distance to the sand beach of Lake Michigan at Lakeside Park. Adjacent Pub is also listed for sale for $589,000
ROOM MIX INFORMATION
| DESCRIPTION | NO. ROOMS | DAILY RATE | SF |
|---|---|---|---|
| Guest Room | 12 | $101.00 | - |
1 of 1
PROPERTY TAXES
| Parcel Numbers | Improvements Assessment | $544,200 | |
| Land Assessment | $85,800 | Total Assessment | $630,000 |
