Bought with NON MLS LAC
$1,100,000
$1,275,000
13.7%For more information regarding the value of a property, please contact us for a free consultation.
12,266 SqFt
SOLD DATE : 06/02/2025
Key Details
Sold Price $1,100,000
Property Type Commercial
Listing Status Sold
Purchase Type For Sale
Square Footage 12,266 sqft
Price per Sqft $89
MLS Listing ID 1910784
Sold Date 06/02/25
Year Built 1950
Annual Tax Amount $6,977
Tax Year 2024
Lot Size 4.870 Acres
Acres 4.87
Property Description
Discover a rare investment opportunity with the Hickoryhill motel boasting a long history of success. The property features 24 total units, including a 10-room main hotel, an 8-unit building, and an additional 6-unit structure, offering flexible accommodations for guests. A private 2-bedroom living space is included, perfect for an owner or on-site manager. Guests will enjoy the swimming pool and well-maintained grounds, while investors will appreciate the potential for expansion on the additional acreage. This versatile property provides multiple income streams, whether operating as a traditional motel, converting to long-term rentals, or transitioning into an Airbnb-style retreat. A 2.5-car garage offers extra storage space, and did we mention solar for additional savings
Location
State WI
County Vernon
Zoning Commercial
Rooms
Basement None
Interior
Heating Electric, Indiv. Heating Units
Cooling Electric, Indiv. Heating Units
Flooring No
Exterior
Exterior Feature Vinyl
Garage Spaces 40.0
Roof Type Metal
Building
Water Private Well, Septic System
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