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64040 County Road N,  Prairie Du Chien,  WI  53821 $700,000 Sold
64040 County Road N,  Prairie Du Chien,  WI  53821
$700,000
Sold
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 Property Type Business/Commercial
 Parcel # 00613140005
 County Crawford
 Sub Area C03
 Municipality Eastman
 MLS# 1955247
 Listing Date 05/09/2023
 Sold Price $500,000
 Close Date 10/13/2023 12:00 AM

MLS Public Remarks  Time to add this one to your portfolio! Here's a rare opportunity to own one of the areas most popular dining establishments alongside its adjacent rental properties! This all inclusive listing is comprised of all structures on the complex (restaurant, 6 unit hotel w/ separate owners residence & trailer home rental property). Spring Lake Inn Restaurant is known as one of Southwest Wisconsin's most popular dining destinations for locals and travelers, while the motel lodges guests during all seasons! Sitting conveniently off of the Hwy-35 corridor between PdC and LaCrosse, the unprecedented amount of traffic this property sees is astounding -unlimited advantages for your business!
LOCATION  
  • Location  Town
  • Other Marketing Area  
  • Mailing City  Prairie Du Chien
  • C/T/V  Town
  • Unit #  
  • Directions  From Wi-35 N, Turn Right Onto County Rd. N. Property Entrance Is First Drive On The Left.
    • BUILDING DESCRIPTION  
  • Real estate for sale  Yes
  • Business for sale  Yes
  • For lease only  No
  • Ann. Rent/SqFt  $0
  • Total Units/Bldg  0
  • Building Gross SqFt  0
  • Net Leasable SqFt  0
  • Year Built  1970
  • Source for Year Built  PubR
  • Approx Bldg Dimen  0
  • Street Frontage  0
  • Parking Fees/Mo.  $0
  • Onsite Parking  50-100
  • # of Stories  0
  • Ceiling Height Min  0
  • Ceiling Height Max  0
  • Number of Loading Docks  0
  • Zoning  Commercial
  • Est. Total Acres  1.14
  • Source Of Est Acres  PubR
  • Lot Dimensions  
  • Owner  
  • Tradename  
    • ASSESSMENT & TAXES  
  • Land Assessment  $26,900
  • Assessment Year  2021
  • Net Taxes  $7,065
  • Tax Year  2021
  • Improvements  $292,900
  • Total Assessment  $319,800
    • 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 Restaurant: all equipment, smoke shack, smoker, inventory, sign & furniture (both indoor & outdoor). Motel: all furniture, bedding, window A/C's and equipment. Residence: refrigerator, stove, microwave, dishwasher, washer & dryer.
    Items Excluded  Seller & trailer tenants personal property
    INTERIOR FEATURES  
  • Heating/Cooling  Central air, Forced air, Wall Furnace, Window AC
  • Water/Waste  Holding tank, Non-Municipal/Prvt dispos, Well
  • Basement  
  • Fuel  Liquid propane
  • Seating Capacity  76-100 persons
    • EXTERIOR FEATURES  
  • Type   Motel/Hotel/Bed & Brkfst, Restaurant/Supper Club, Tavern, Vacant land
  • Exterior Treatment  Aluminum, Wood
  • Building Parking  56 or more spaces, Onsite, Paved, Shared
  • Roofing  Composition, Metal
  • Terms/Option  
  • Miscellaneous  Internet - Satellite/Dish
    • OTHER FEATURES  
  • Documents on File  Lease(s), P & L statement, Property Condition Report
  • Location  Free standing, Near Major Highway
  • Tenant Pays  N/A
  • Present Use  Motel/Hotel/Bed & Brkfst, Restaurant/Supper Club, Tavern, Vacant land
  • Licenses  Beer, Food, Liquor, Wine
  • Lease Type  None
  • Occupied by  
  • Sale Includes  Business name, Equipment, Furniture, Inventory, Lease(s), Signs
  • Features  Inside storage, Outside storage, Private Restrooms, Residential unit(s), Security system, Shared Restrooms



    • Above Information Deemed Reliable, But Not Guaranteed

    Listing Courtesy of Re/Max Advantage Realty