701 State Road 70Grantsburg, WI 54840

For Sale
$900,000

Motel, Apartments, Car Wash, Laundry - High ROI

Overview

Added:
Feb 3
Days on market:
39
This exceptional commercial property in Grantsburg, Wisconsin, presents a lucrative investment opportunity. The 12,000 square foot complex sits on a generous 3.14-acre lot and includes a well-maintained 22-unit motel, a car wash, and a laundry facility. The motel boasts 18 double queen rooms, two quad queen rooms, and one king suite, all recently remodeled. Six additional long-term rental apartments provide consistent income streams. The property also features a spacious lobby, a manager's apartment, and additional unfinished attic and basement space offering potential for expansion or storage. Located in a highly desirable vacation area near the Twin Cities, this property benefits from proximity to numerous recreational attractions. The Crex Meadows and Fish Lake Wildlife areas are within a mile or two, and the St. Croix River is approximately four miles away. Significant upgrades have been implemented within the last two years, ensuring the property is in excellent condition and ready for immediate operation. This turnkey business offers a unique blend of income-generating assets, making it an ideal investment for savvy entrepreneurs seeking a high return on investment in a thriving tourist destination. The property's size and diverse offerings provide ample opportunities for growth and expansion.

Property Details for 701 State Road 70

Property type
Other commercial real estate
Square Feet
12,000 SF
Year Built
1970
Lot Size (sq. ft)
136,778 SF

Location Insight

City
Grantsburg
County
BURNETT
State
Wisconsin
Latitude
45.77205
Longitude
-92.69953
701 State Road 70, Grantsburg, Wisconsin

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701 State Road 70
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