1806 S Central Ave - Hospitality FOR SALE


Marshfield, WI 54449
$998,000 USD
715-207-5010
1806 S Central Ave, Marshfield, WI for Sale
$998,000 USD
Hospitality - FOR SALE
1/3
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1806 S Central Ave
Marshfield, WI 54449


HIGHLIGHTS

  • On-Site Owner's Apartment — 3-bedroom, full kitchen living quarters included, ideal for owner-operator lifestyle or staff housing
  • Prime Demand Driver — Less than 5 min from Marshfield Clinic Health System, one of the largest private clinics in the US with 11,000+ employees
  • New Roof (2024) — Major capital improvement already done, protecting your investment for years ahead
  • Fee Simple Sale — Land, building, FF&E included; offered unencumbered by management
  • Strong Local Economy — Marshfield's employer base includes Grassland Dairy, Masonite, Roehl Transport, and multiple manufacturing anchors
  • Tourism Upside — Vandehey Waters Aquatic Center next door, Jurustic Park, Wildwood Park & Zoo, World's Largest Round Barn

OVERVIEW

Turnkey Motel Investment in the Heart of Wisconsin's Medical Hub After 30 years of successful ownership, the our family is retiring and offering the Park Motel — a well-loved, well-run 20-room motel at 1806 Central Avenue, Marshfield, WI. This is a rare chance to acquire a stable, established hospitality asset from owners who built it right and took care of it. 20-room motel at 1806 Central Avenue, Marshfield, WI — home to the Marshfield Clinic Health System, one of the largest private multi-specialty clinics in the country with over 11,000 employees. Steady, year-round demand from medical travelers, contractors, and visitors that keeps this market insulated from seasonal swings. The property: Single-story, 20 guest rooms in the Choice Hotels reservation system (instant booking infrastructure, day one), plus a 3-bedroom on-site apartment — perfect for an owner-operator or on-site staff. Priced at $998,000 fee simple — land, building, FF&E, all included. What's been done for you: New roof completed 2024. Building reroofed in 2018. Individual PTAC units. Municipal water and sewer. Current ownership has operated since 1996 — stable, well-maintained, not a distressed asset. The market: Marshfield punches above its weight. Anchored by a major medical employer, strong manufacturing base (Grassland Dairy, Masonite, Roehl Transport, and more), and growing tourism — Jurustic Park, Wildwood Park & Zoo, the World's Largest Round Barn. The opportunity: Offered unencumbered by management. Financials (P&L + taxes) available upon request. Owner motivated. Contact Bob or Tara Mehta — (715) 207-5010 or tmehta15@gmail.com.

FOR SALE DETAILS

PRICE

$998,000 USD

PRICE/SF

$104 USD /SF

# OF ROOMS

20

PRICE/ROOM

$49,900 {currency}

CAP RATE

Request Cap Rate

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Park Motel- Marshfield, WI

PROPERTY TYPE

Hospitality

TOTAL BUILDING SIZE

-

STORIES

1

ROOM ENTRANCE

Exterior

BUILDING CLASS

C

YEAR BUILT

1962

PARKING SPACES

36

LAND DETAILS

LAND ACRES

1.16 AC

LAND SF

50,530 SF

ZONING

G2

APN/PARCEL ID

3303529B

ASK ABOUT THIS PROPERTY

Tara MehtaPark MotelMore Info
715-207-5010

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Tara MehtaPark MotelMore Info
715-207-5010

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.