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1200 Hwy 69,  New Glarus,  WI  53574 $1,199,000 Sold
1200 Hwy 69,  New Glarus,  WI  53574
$1,199,000
Sold
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 Property Type Business/Commercial
 Parcel # 161-0610.0100
 County Green
 Sub Area H20
 Municipality New Glarus
 MLS# 1895267
 Listing Date 10/06/2020
 Sold Price $1,050,000
 Close Date 01/13/2023 12:00 AM

MLS Public Remarks  Opportunity awaits in America's Little Switzerland! The Swiss Aire Motel features 26 individual units, recently updated lobby, quaint outdoor sitting area and recently remodeled living quarters. The private 4-bedroom, 2 bath home is attached to the motel on the back side with an attached 2 car garage and fenced back yard. This property has the desired LOCATION - walking distance to downtown and all the festivals as well as the Sugar River Bike Trail; open to hiking, biking, and snowmobiling. Your investment sits mere minutes from the well know New Glarus Brewing & Wisconsin State Park!
Documents and Related Links  
1) Associated Doc
2) CSM
3) Feature Sheet
4) Maps
LOCATION  
  • Location  Village
  • Other Marketing Area  
  • Mailing City  New Glarus
  • C/T/V  Village
  • Unit #  
  • Directions  Hwy 69 To New Glarus, Property On North Side Of Road
    • BUILDING DESCRIPTION  
  • Real estate for sale  Yes
  • Business for sale  Yes
  • For lease only  No
  • Ann. Rent/SqFt  $0
  • Total Units/Bldg  26
  • Building Gross SqFt  11,060
  • Net Leasable SqFt  0
  • Year Built  1967
  • Source for Year Built  PubR
  • Approx Bldg Dimen  22x280
  • Street Frontage  50
  • Parking Fees/Mo.  $0
  • Onsite Parking  50
  • # of Stories  1
  • Ceiling Height Min  8
  • Ceiling Height Max  8
  • Number of Loading Docks  0
  • Zoning  Comm'l
  • Est. Total Acres  1.82
  • Source Of Est Acres  PubR
  • Lot Dimensions  
  • Owner  
  • Tradename  
    • ASSESSMENT & TAXES  
  • Land Assessment  $102,300
  • Assessment Year  2019
  • Net Taxes  $16,935
  • Tax Year  2019
  • Improvements  $539,700
  • Total Assessment  $642,000
    • 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 None 00/00/0000 0 $0 $0 $0 0
    2 - 0 0 $0 $0 $0 0
    3 - 0 0 $0 $0 $0 0
    Items Included Motel furniture, supplies, office and motel equipment
    Items Excluded  Sellers personal property, Alphorn in motel Lobby office area.
    INTERIOR FEATURES  
  • Heating/Cooling  Central air, Forced air, Wall AC
  • Water/Waste  Municipal sewer, Municipal water
  • Basement  Poured concrete foundatn
  • Fuel  Electric, Natural gas
  • Seating Capacity  51-75 persons
    • EXTERIOR FEATURES  
  • Type   Motel/Hotel/Bed & Brkfst
  • Exterior Treatment  Wood
  • Building Parking  56 or more spaces, Onsite
  • Roofing  Composition
  • Terms/Option  
  • Miscellaneous  
    • OTHER FEATURES  
  • Documents on File  Blue prints, Certified survey map, Fixtures & equipment, P & L statement
  • Location  Business district, Free standing, Near Major Highway
  • Tenant Pays  N/A
  • Present Use  Motel/Hotel/Bed & Brkfst
  • Licenses  Other
  • Lease Type  None
  • Occupied by  Owner
  • Sale Includes  Business name, Equipment, Furniture, Inventory, Other, Signs
  • Features  Inside storage, Private office(s)



    • Above Information Deemed Reliable, But Not Guaranteed

    Listing Courtesy of First Weber Hedeman Group