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801 N River St
Spooner, WI 54801
Inn Town Motel · Hospitality Property For Sale · 6,816 SF
Investment Highlights
- High occupancy
- Repeat Customers
- High NOI
- Great ROI
PROPERTY FACTS
| Property Type | Hospitality | No. Stories | 1 |
| Property Subtype | Year Built/Renovated | 1972/2012 | |
| Building Class | C | Parking Ratio | 3.52/1,000 SF |
| Lot Size | 0.52 AC | Corridor | Exterior |
| Building Size | 6,816 SF |
| Property Type | Hospitality |
| Property Subtype | |
| Building Class | C |
| Lot Size | 0.52 AC |
| Building Size | 6,816 SF |
| No. Stories | 1 |
| Year Built/Renovated | 1972/2012 |
| Parking Ratio | 3.52/1,000 SF |
| Corridor | Exterior |
About 801 N River St , Spooner, WI 54801
Heavy road traffic on the main HWY of 63, also called river St, and the corner of Cedar St. Property has many repeat customers as Spooner is a popular, year-round, tourist destination for many events. Motel has long-term tenant on month to month leases that occupy 6 units. Other units are popular for tourists, contractors, and outdoors men and women. This motel has historically strong occupancy rates and an even better NOI of over $100,000 for many years. 2 of the 4 buildings have new roofs that have been installed within the last two years, and 6 units have brand new commercial water heaters.
PROPERTY TAXES
| Parcel Number | 65-281-2-39-12-31-5 15-040-725500 | Improvements Assessment | $356,240 |
| Land Assessment | $120,375 | Total Assessment | $476,614 |
PROPERTY TAXES
zoning
| Zoning Code | G2 (Commercial) |
| G2 (Commercial) |
