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1010 N Main St,  Lodi,  WI  53555 $750,000 Expired
1010 N Main St,  Lodi,  WI  53555
$750,000
Expired
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 Property Type Business/Commercial
 Parcel # 11246 768.01
 County Columbia
 Sub Area B17
 Municipality Lodi
 MLS# 1857028
 Listing Date 05/10/2019

MLS Public Remarks  This 26 unit Motel in Lodi will make you money! Lodi Valley Suites is loc right on Hwy 113 as you are entering/exiting Lodi & near Spring Creek Trout Stream which attracts Trout fishers & could use the Motel as a launching point each day as they head out to fish. This area is close to Lake Wis, Devils Lk, Baraboo & Wis Dells. Nice Lobby, office space, & very nice indoor pool area, & lg outdoor deck/patio. Numerous updates have been completed on the pool equip. 2 lg Jacuzzi suites. Mtple configurations with other rooms. Queen rms, king rms & some connecting rms. Lg North lot incl & could be sold off for comm bus.
Documents and Related Links  
1) Map
2) Property Condition Report
LOCATION  
  • Location  City
  • Other Marketing Area  
  • Mailing City  Lodi
  • C/T/V  City
  • Unit #  
  • Directions  Hwy 113 On The North End Of Lodi
    • BUILDING DESCRIPTION  
  • Real estate for sale  Yes
  • Business for sale  Yes
  • For lease only  No
  • Ann. Rent/SqFt  $0
  • Total Units/Bldg  1
  • Building Gross SqFt  44,800
  • Net Leasable SqFt  0
  • Year Built  1980
  • Source for Year Built  Slr
  • Approx Bldg Dimen  150x170
  • Street Frontage  240
  • Parking Fees/Mo.  $0
  • Onsite Parking  45
  • # of Stories  2
  • Ceiling Height Min  8
  • Ceiling Height Max  12
  • Number of Loading Docks  0
  • Zoning  comm
  • Est. Total Acres  1.4
  • Source Of Est Acres  PubR
  • Lot Dimensions  
  • Owner  
  • Tradename  Lodi Valley Suites
    • ASSESSMENT & TAXES  
  • Land Assessment  $85,900
  • Assessment Year  2019
  • Net Taxes  $11,095
  • Tax Year  2019
  • Improvements  $397,200
  • Total Assessment  $483,100
    • ANNUAL INCOME/EXPENSES  
  • Income/Expenses Year  $2,017
  • Gross Operating Income  $350,000
  • Annual Operating Exp  $67,000
  • Net Operating Income  $283,000
    • UNIT INFORMATION  
    Unit Lease Type Lease Exp. Date Renewal Option Base Annual Rent Annual Rent/SqFt Other Fees/SqFt Gross SqFt
    1 n/a n/a No $0 $0 $0 0
    2 - 0 0 $0 $0 $0 0
    3 - 0 0 $0 $0 $0 0
    Items Included All inventory, supplies, room furniture
    Items Excluded  Personal property of seller
    INTERIOR FEATURES  
  • Heating/Cooling  Central air, Forced air
  • Water/Waste  Municipal sewer, Municipal water
  • Basement  
  • Fuel  Natural gas
  • Seating Capacity  31-50 persons
    • EXTERIOR FEATURES  
  • Type   Motel/Hotel/Bed & Brkfst
  • Exterior Treatment  
  • Building Parking  36-55 spaces, Onsite, Paved
  • Roofing  Composition
  • Terms/Option  
  • Miscellaneous  
    • OTHER FEATURES  
  • Documents on File  P & L statement, Property Condition Report
  • Location  Corner, Free standing, Near Major Highway
  • Tenant Pays  N/A
  • Present Use  Motel/Hotel/Bed & Brkfst
  • Licenses  None
  • Lease Type  None
  • Occupied by  
  • Sale Includes  Business name, Customer list, Equipment, Furniture, Inventory, Signs
  • Features  Inside storage, Private Restrooms, Private office(s), Public rest rooms, Reception area, Signage available



    • Above Information Deemed Reliable, But Not Guaranteed

    Listing Courtesy of First Weber Inc