Great investment opportunity!! Spider Lake Motel - a great location on a busy highway - located on trail # 5 with many lakes close and This business has so much to offer - includes a nice live in 2 bedroom apartment for long term rent - this unit rents for $1000/month. Motel consists of 4 rooms total - there are 3 larger rooms equipped with 2 queens beds each - and one handicap accessible room with one queen bed. The larger rooms with 2 queen beds rent for $70 a night and the smaller room rents for $50 a night. Motel also features a 10 x 16 workshop. This building is in excellent condition with many updates made the past 2 years - these updates include new tear off roof, new boiler, water heater, plumbing fixtures, and more. There is also a garden apartment in the basement that is halfway finished. This motel has so much to offer - priced to sell quick!
MLS# | 1549003 |
---|---|
Listing Type | For Sale |
Sub-Type | Resale |
Status | Active |
Year | 1994 |
Days On Site | 58 |
SQ Feet | 2,808 |
---|---|
Acreage | 0.89 |
Area Information | |
---|---|
State | WI |
County | Sawyer |
City | Hayward |
Zip Code | 54843 |
Area | 46 - Hayward Schl Dist |
Listing VS Median (in 54843) | |
Price: $199,900 low | high Med: $79,000 SqFt: 2,808 low | high Med: 470 $ / SqFt: $71 low | high Med: $42 On Site: 58 low | high Med: 480 |