MLS Public Remarks 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!
Broker to Broker Information 3 Tax Bills 240 E Fond Du Lac Rip161499br0100 416 Houston Lot Rip161499br3500 418 Houston St Lot Rip161499br3700
Location City
Other Marketing Area
Mailing City Ripon
C/T/V City
Unit #
Directions E On Hwy 23 To W Fond Du Lac To R On E Fond Du Lac Sign And Building On The Left
Real estate for sale Yes
Business for sale No
For lease only No
Ann. Rent/SqFt $0
Total Units/Bldg 38
Building Gross SqFt 17,600
Net Leasable SqFt 17,600
Year Built 1970
Source for Year Built Seller
Approx Bldg Dimen 0x0
Street Frontage 0
Parking Fees/Mo. $0
Onsite Parking 40
# of Stories 2
Ceiling Height Min 0
Ceiling Height Max 0
Number of Loading Docks 0
Zoning Com
Est. Total Acres 0.93
Source Of Est Acres Assessor
Lot Dimensions
Owner
Tradename
Land Assessment $69,000
Assessment Year 2024
Net Taxes $16,841
Tax Year 2024
Improvements $656,500
Total Assessment $725,500
Income/Expenses Year $0
Gross Operating Income $0
Annual Operating Exp $0
Net Operating Income $0
| Unit |
Lease Type |
Lease Exp. Date |
Renewal Option |
Base Annual Rent |
Annual Rent/SqFt |
Other Fees/SqFt |
Gross SqFt |
| 1 |
0 |
0 |
0 |
$0 |
$0 |
$0 |
0 |
| 2 |
- |
0 |
0 |
$0 |
$0 |
$0 |
0 |
| 3 |
- |
0 |
0 |
$0 |
$0 |
$0 |
0 |
Items Included All items in hotel, being sold as is.
Items Excluded Sellers personal property
Heating/Cooling Steam, Zoned heating
Water/Waste Municipal sewer, Municipal water
Basement Full
Fuel Natural gas
Seating Capacity
Type Motel/Hotel/Bed & Brkfst, Office, Other, Restaurant/Supper Club, Tavern
Exterior Treatment Brick
Building Parking 36-55 spaces, Onsite, Other, Paved
Roofing Composition
Terms/Option
Miscellaneous
Documents on File
Location Corner, Free standing, Near Major Highway, Residential area
Tenant Pays N/A
Present Use Motel/Hotel/Bed & Brkfst, Restaurant/Supper Club
Licenses Other
Lease Type None
Occupied by Owner
Sale Includes Equipment, Furniture, Inventory, Signs
Features Private Restrooms, Private office(s), Shared conference room, Signage available
Above Information Deemed Reliable, But Not Guaranteed
Listing Courtesy of Better Homes And Gardens Real Estate Special Prope