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Tomahawk Real Estate

Bradley (Tomahawk, Wisconsin, US - 54487)
$1,200,000


"Best Western Lake-Aire Motel" 
RE/MAX Properties Pros


Chris Duckett
(715)453-1188(Office)
(715)453-1188(Business)
(715)612-0799(Cell)


 
Details

Address: N11925 Cty Hwy L
Type: Commercial
Style:  Single Story
Size: 6,080 sq. ft.
Lot Type: Rectangular
Lot Size:  2.72acres 
Taxes: $22,226.00 (2014)
MLS#: 147763
 
Description

LAKE NOKOMIS MOTEL- Own your own business! This turnkey lakefront hotel with 320' sandy frontage and western exposure is priced well below appraised value. It is located on the Hiawatha State Trail, a main recreational artery that connects Tomahawk and Minocqua, which caters to ATV's, hiking, biking, and snowmobiling. This gem also provides numerous activities on site, such as; boating, fishing, swimming, and volleyball. The property offers 24 motel units, 2 cabins, main home, and 2500 sq. ft. guest quarters. There have been many recent updates including; new septic, roof, and landscaping. The main home had kitchen, dinning, and living room facelifts, as well as total remodel of the guest home. With a great deal of repeat business, both corporate and leisure, and the fantastic location with 4 season recreational opportunities, this hotel allows for year round income. Price has been reduced to 1.2 million.
 
Highlights

320 FT of Lake Nokomis Frontage 24 Rental Units and a Main Living Quarters
Located on Snowmobile Trail Volleyball Court, Fire Pits, and Horseshoes
Desk Offers Amazing Lake Views with Western Exposure Turnkey Business Opportunity

P2#154293971

Information is deemed to be correct but not guaranteed.