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715 Broadway,  Wisconsin Dells,  WI  53965 $1,200,000 Sold
715 Broadway,  Wisconsin Dells,  WI  53965
$1,200,000
Sold
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 Property Type Business/Commercial
 Parcel # 11291 970
 County Columbia
 Sub Area B33
 Municipality Wisconsin Dells
 MLS# 1885201
 Listing Date 06/02/2020
 Sold Price $1,000,000
 Close Date 08/04/2021 12:00 AM

MLS Public Remarks  Downtown Wisconsin Dells on the main thoroughfare, Broadway !! Located across from the park and in walking distance to downtown shopping and entertainment. 38 clean units, check in office, managers office, ample operating storage, maids quarters, generous 46 parking stalls, total of 2-buildings. Maintenance free exterior of Brick and Stucco. This is an operating motel with good exposure, solid rental numbers, 11 cap rate. Some of the guest amenities include an outdoor pool, grills, green space, with picnic tables for cookouts. Located now next to one of the more popular restaurants/bars in town. This side of town is expanding with the addition of Kwik Trip and around the corner from youth sports complex. This operation is fully operating and ready to easily be handed off to the new owner.
Documents and Related Links  
* 2 Documents Not Available via MLS
LOCATION  
  • Location  City
  • Other Marketing Area  
  • Mailing City  Wisconsin Dells
  • C/T/V  City
  • Unit #  
  • Directions  Wisconsin Dells Pkwy To Right On Wi-13, Motel On Left
    • BUILDING DESCRIPTION  
  • Real estate for sale  Yes
  • Business for sale  Yes
  • For lease only  No
  • Ann. Rent/SqFt  $0
  • Total Units/Bldg  38
  • Building Gross SqFt  18,332
  • Net Leasable SqFt  18,000
  • Year Built  999
  • Source for Year Built  Othr
  • Approx Bldg Dimen  32x123
  • Street Frontage  252
  • Parking Fees/Mo.  $0
  • Onsite Parking  46
  • # of Stories  2
  • Ceiling Height Min  8
  • Ceiling Height Max  8
  • Number of Loading Docks  0
  • Zoning  Commercial
  • Est. Total Acres  0.64
  • Source Of Est Acres  Plat
  • Lot Dimensions  
  • Owner  
  • Tradename  Park Motel
    • ASSESSMENT & TAXES  
  • Land Assessment  $225,700
  • Assessment Year  2020
  • Net Taxes  $19,878
  • Tax Year  2020
  • Improvements  $571,400
  • Total Assessment  $797,100
    • ANNUAL INCOME/EXPENSES  
  • Income/Expenses Year  $0
  • Gross Operating Income  $0
  • Annual Operating Exp  $0
  • Net Operating Income  $0
    • UNIT INFORMATION  
    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 Win/Wall AC, Furnace, All furnishings, bedding/linen, Equipment, fixtures, Refrig, Microwaves, W/D, All Window Coverings, customer lists, intellectual property including but not limited to: web-sites, domain names, business-email address, phone #s. Business name, sign.
    Items Excluded  Seller's Personal Property, files and records.
    INTERIOR FEATURES  
  • Heating/Cooling  Central air, Forced air, Wall AC, Wall Furnace
  • Water/Waste  Municipal sewer, Municipal water
  • Basement  
  • Fuel  Natural gas
  • Seating Capacity  
    • EXTERIOR FEATURES  
  • Type   Motel/Hotel/Bed & Brkfst
  • Exterior Treatment  
  • Building Parking  36-55 spaces, Onsite, Paved
  • Roofing  Rubber/membrane
  • Terms/Option  
  • Miscellaneous  
    • OTHER FEATURES  
  • Documents on File  P & L statement, Property Condition Report
  • Location  Business district, Free standing, Near Major Highway, Near public transportatn
  • Tenant Pays  N/A
  • Present Use  Motel/Hotel/Bed & Brkfst, Office
  • Licenses  Other
  • Lease Type  None
  • Occupied by  
  • Sale Includes  Business name, Customer list, Equipment, Furniture, Signs
  • Features  Inside storage, Less than 440 volt, Private Restrooms, Private office(s), Recreation facilities, Signage available



    • Above Information Deemed Reliable, But Not Guaranteed

    Listing Courtesy of Restaino & Associates Era Powered