309 E Wall St - Hospitality FOR SALE


Eagle River, WI 54521
$650,000 USD
309 E Wall St, Eagle River, WI for Sale
$650,000 USD
Hospitality - FOR SALE
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null | Request Cap Rate

309 E Wall St
Eagle River, WI 54521


HIGHLIGHTS

  • Conveniently located in downtown Eagle River on a highly visible corner.
  • 27 guest accommodations including kitchenettes.
  • Great investment potential.

OVERVIEW

Positioned in the heart of downtown Eagle River, Travelers Inn Motel is a rare hospitality investment opportunity! This established motel and in has long served visitors drawn to Eagle River’s year-round recreation, vibrant downtown atmosphere, and extensive trail systems, making it both a functional lodging business and a visual landmark within the community! Strategically located on a highly visible downtown corner, the property benefits from exceptional exposure, easy accessibility, and walkable proximity to restaurants, shopping and entertainment. The property consists of 27 guest accommodations, including 10 units equipped with kitchenettes, providing flexible lodging options for extended stays, vacation travelers, seasonal guests, snowmobilers, anglers, and business visitors alike. Travelers Inn Motel features a classic Northwoods character with a recognizable covered entrance and charming inn-style frontage. The site includes ample on-site parking and a layout designed to accommodate both motel-style access and inn-style lodging operations. The combination of visibility, accessibility, and unit mix creates an attractive setup for continued hospitality use, owner-operator potential, or future investment strategies. Whether you are looking to expand an existing hospitality portfolio, enter the lodging industry, or acquire a well-known downtown Eagle River property with strong long-term potential, Travelers Inn Motel presents a unique opportunity in a highly desirable Northwoods market!

FOR SALE DETAILS

PRICE

$650,000 USD

PRICE/SF

$59 USD /SF

# OF ROOMS

27

PRICE/ROOM

$24,074 {currency}

CAP RATE

Request Cap Rate

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Traveler's Inn Motel

PROPERTY TYPE

Hospitality

TOTAL BUILDING SIZE

-

STORIES

2

ROOM ENTRANCE

Exterior

BUILDING CLASS

C

YEAR BUILT

1960

PARKING SPACES

15

LAND DETAILS

LAND ACRES

0.41 AC

LAND SF

17,860 SF

ZONING

Commercial

APN/PARCEL ID

221-726

ASK ABOUT THIS PROPERTY

ERICA DUMASRedman Realty GroupMore Info

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ERICA DUMASRedman Realty GroupMore Info

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