2544 S Bay Shore Dr - Hospitality FOR SALE


Sister Bay, WI 54234
$3,450,000 USD
920-559-7069
2544 S Bay Shore Dr, Sister Bay, WI for Sale
$3,450,000 USD
Hospitality - FOR SALE
1/14
null | Request Cap Rate

2544 S Bay Shore Dr
Sister Bay, WI 54234


HIGHLIGHTS

  • Walking distance to Sister Bay
  • High repeat customer return rate
  • Well maintained

OVERVIEW

This is a great opportunity to own a hotel in Sister Bay. This 25 room hotel features beautiful gardens, hot tub, fire pit, BBQ, gazebo, employee housing, indoor and outdoor breakfast area and walking distance to downtown. Whether you take the shuttle or use the sidewalk, the fun of Sister Bay is a short distance away. Learn why a hotel just outside of town is better than being in the action. This well-maintained property is ready for a new owner to expand it and watch the value continue to rise. The owner has a low interest, transferable SBA loan that the new owner can acquire. There is a home adjacent to the property available to purchase for the owner or employee housing.

FOR SALE DETAILS

PRICE

$3,450,000 USD

PRICE/SF

$224 USD /SF

# OF ROOMS

25

PRICE/ROOM

$138,000 {currency}

CAP RATE

Request Cap Rate

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Coachlite Inn

PROPERTY TYPE

Hospitality

TOTAL BUILDING SIZE

-

STORIES

2

ROOM ENTRANCE

Exterior

BUILDING CLASS

C

YEAR BUILT

1983

PARKING SPACES

38

LAND DETAILS

LAND ACRES

4.32 AC

LAND SF

188,329 SF

ZONING

Commercial

APN/PARCEL ID

181-0006312844F,181-0006312844R,181-060004

ASK ABOUT THIS PROPERTY

Marc IsaksenHarbour Real Estate Group LLCMore Info
920-559-7069

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

Marc IsaksenHarbour Real Estate Group LLCMore Info
920-559-7069

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