$1,000,000
Phillips, WI 54555
MLS# 6134117
Status: Closed
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Property Description
Turnkey profitable business opportunity in a prime location on Highway 13. Updated 32 unit, two story motel in the heart of the Northwoods. Renovated and furnished two bedroom owner’s/manager’s suite. Front office with check in and lounge/breakfast area. High speed internet. Let the Super 8 franchise brand work for you by sending business your way. This property won the ‘Pride of Super 8’ in 2020 and is the largest lodging accommodations in a town not saturated with options! Ample parking to accommodate boat/snowmobile trailers and large trucks. Phillips is a Northwoods destination location for summer and winter outdoor enthusiasts and vacation travelers, including snowmobilers, anglers, boaters, bikers, photographers, motorcyclists, hunters. Just minutes from many lakes, this property provides convenient access to ATV and snowmobile trails. Included in the sale is all furniture, fixtures, equipment, inventory, real estate & goodwill. No Franchise transfer fee. Excellent profit record.
Details
None
Allow Auto Valuation: No
Allow Consumer Comment: No
MLSID: RMLS
Contract Information
Availability: Unavailable
Status: Closed
Off Market Date: 2022-06-13
Current Price: $1,000,000
Closed Date: 2022-09-13
Sales Close Price: 1000000
Original List Price: 1275000
Contingency: None
ListPrice: 1225000
List Date: 2021-12-08
Owner is an Agent?: No
Auction?: No
Office/Member Info
Association: WWRA
General Property Information
Lot Measurement: Acres
Multiple PIDs?: No
Other Parking Spaces: 30
Year Built: 1998
Yearly/Seasonal: Yearly
Zoning: Business/Commercial
Foundation Size: 6958
For Sale or Lease: For Sale
Acres: 2.71
Lot Dimensions: 1x1
Assessment Pending: No
Location, Tax and Other Information
Legal Description: 19-37-1E PRT OF NE-NE LOT 1 CSM #872 VOL 4 PG 311
Map Page: 999
Municipality: Phillips
Rental License?: No
School District Phone: 715-339-2419
Map Coordinate Source: King's Street Atlas
House Number: 726
Street Direction Prefix: S
Street Name: Lake
Street Suffix: Avenue
Postal City: Phillips
County: Price
State: WI
Zip Code: 54555
Zip Plus 4: 1448
Property ID Number: 272109704011
Tax Year: 2020
Tax Amount: 15073
In Foreclosure?: No
Potential Short Sale?: No
Lender Owned?: No
Directions & Remarks
Public Remarks: Turnkey profitable business opportunity in a prime location on Highway 13. Updated 32 unit, two story motel in the heart of the Northwoods. Renovated and furnished two bedroom owner’s/manager’s suite. Front office with check in and lounge/breakfast area. High speed internet. Let the Super 8 franchise brand work for you by sending business your way. This property won the ‘Pride of Super 8’ in 2020 and is the largest lodging accommodations in a town not saturated with options! Ample parking to accommodate boat/snowmobile trailers and large trucks. Phillips is a Northwoods destination location for summer and winter outdoor enthusiasts and vacation travelers, including snowmobilers, anglers, boaters, bikers, photographers, motorcyclists, hunters. Just minutes from many lakes, this property provides convenient access to ATV and snowmobile trails. Included in the sale is all furniture, fixtures, equipment, inventory, real estate & goodwill. No Franchise transfer fee. Excellent profit record.
Directions: South end of Phillips, Highway 13
Assessments
Tax With Assessments: 15073
Building Information
Building Finished SqFt: 13916
Building SqFt: 13916
Lease Details
Land Leased: Not Applicable
Miscellaneous Information
FIPS Code: 55099
Homestead: No
Ownership
Fractional Ownership: No
Public Survey Info
Range#: 01E
Section#: 19
Township#: 37
Sale Options
Sale Includes: Building,Fixture/Equipment
Unit Details
Total Units: 32
Property Features
Accessible: Grab Bars In Bathroom
Air Conditioning: Wall
Construction Status: Previously Owned
Current Use: Hotel/Motel
Exterior: Brick/Stone; Vinyl
Financing Terms: Other
Fuel: Electric
Heating: Baseboard
On Site Utilities: Electric Common; Heating Common; Hot Water Common
Parking Characteristics: Paved Lot
Sewer: City Sewer/Connected
Water: City Water/Connected
Listing Office: Edina Realty, Inc.
Last Updated: September - 22 - 2023
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