2401 S Main St - Hospitality FOR SALE


Rice Lake, WI 54868
$2,350,000 USD
805-557-8857
2401 S Main St, Rice Lake, WI for Sale
$2,350,000 USD
Hospitality - FOR SALE
1/11
null | Request Cap Rate

2401 S Main St
Rice Lake, WI 54868


HIGHLIGHTS

  • 46 Units, 2 Stories, Interior Corridors
  • 2025 Revenue: $721,943; 2024 Revenue: $720,471, 2023 Revenue: $747,203. 2025 NOI ~$325,000 with CAP Rate of 13.8%
  • Trailing Twelve Revenue thru April 2026: $753,202. Consistent Revenue Year Over Year. Priced at 3.1x Room Revenue
  • Situated on South Main Street near the high-traffic interchange of U.S. Highway 53 and Highway 48.
  • Located in the economic hub of the city with major plants located within a 5 minute drive including Rice Lake Weighing Systems, Johnson Truck Bodies,
  • Close proximity to Rice Lake , the Cedar Side Walking Trail, and the Rice Lake Speedway, capturing significant seasonal tourism

OVERVIEW

Andrew Post and Sean Matura are pleased to present for sale the Super 8 by Wyndham located at 2401 S. Main Street, Rice Lake, Wisconsin. This limited-service hotel benefits from strong Wyndham brand recognition and is positioned along a key commercial corridor serving the Rice Lake market. The property caters to both leisure and business travelers seeking dependable, value-oriented accommodations. Conveniently located near downtown Rice Lake, the hotel enjoys access to regional employers, healthcare facilities, retail centers, and outdoor recreation. The property offers a stable investment opportunity in a consistent Wisconsin lodging market with steady year-round demand and potential for continued operational improvement.

FOR SALE DETAILS

PRICE

$2,350,000 USD

PRICE/SF

$111 USD /SF

# OF ROOMS

47

PRICE/ROOM

$50,000 {currency}

CAP RATE

Request Cap Rate

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Super 8 by Wyndham Rice Lake

PROPERTY TYPE

Hospitality

TOTAL BUILDING SIZE

-

STORIES

2

ROOM ENTRANCE

Interior

BUILDING CLASS

C

YEAR BUILT

1985

PARKING SPACES

53

LAND DETAILS

LAND ACRES

1.81 AC

LAND SF

78,844 SF

ZONING

Commercial

APN/PARCEL ID

276-8001-17-000

ASK ABOUT THIS PROPERTY

Kenneth CaroBowman Post GroupMore Info
805-557-8857

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Kenneth CaroBowman Post GroupMore Info
805-557-8857

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