MLS Public Remarks Exceptional opportunity to own and operate your own Motel! Reedsburg Motel is a well established and maintained 31 unit Motel with on site residence/office building. This property is a nice mix of 13 (2) queen bed rooms, 6 king bed rooms and 12 (1) queen bed rooms. 12 of the units have been recently updated, roof was updated in approx. 2012, new phone system, new lock system and on site laundry facility. This property is conveniently located directly on Main St. Good potential for weekly rentals during the off season. Call today for a private tour of this great property!
Location City
Other Marketing Area
Mailing City Reedsburg
C/T/V City
Unit #
Directions Hwy 33 (main St.) In Reedsburg. Property Is On The North Side Of The Road.
Real estate for sale Yes
Business for sale Yes
For lease only No
Ann. Rent/SqFt $0
Total Units/Bldg 32
Building Gross SqFt 12,000
Net Leasable SqFt 12,000
Year Built 999
Source for Year Built Slr
Approx Bldg Dimen 0x0
Street Frontage 33
Parking Fees/Mo. $0
Onsite Parking 50+
# of Stories 2
Ceiling Height Min 8
Ceiling Height Max 8
Number of Loading Docks 0
Zoning Commercial
Est. Total Acres 2.0
Source Of Est Acres PubR
Lot Dimensions
Owner
Tradename Motel Reedsburg
Land Assessment $124,100
Assessment Year 2020
Net Taxes $11,515
Tax Year 2020
Improvements $425,900
Total Assessment $550,000
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 |
Daily |
n/a |
0 |
$0 |
$0 |
$0 |
0 |
| 2 |
- |
0 |
0 |
$0 |
$0 |
$0 |
0 |
| 3 |
- |
0 |
0 |
$0 |
$0 |
$0 |
0 |
Items Included 31 TV's, 31 Microwaves, 31 mini-refrigerators, Inventory / furnishings per inventory list.
Items Excluded Seller's personal property.
Heating/Cooling Wall AC, Wall Furnace
Water/Waste Municipal sewer, Municipal water
Basement Partial, Walkout/Outside entrance
Fuel Natural gas
Seating Capacity
Type Motel/Hotel/Bed & Brkfst
Exterior Treatment Aluminum, Brick
Building Parking 36-55 spaces, Onsite, Paved, Shared
Roofing Composition, Other
Terms/Option
Miscellaneous
Documents on File Inventory list
Location Business district, Near Major Highway, Residential area
Tenant Pays N/A
Present Use Motel/Hotel/Bed & Brkfst
Licenses
Lease Type None
Occupied by Owner
Sale Includes Business name, Equipment, Furniture, Inventory, Other, Signs
Features Display window, Signage available
Above Information Deemed Reliable, But Not Guaranteed
Listing Courtesy of First Weber Inc
