Hilltop Lodging – A Rare Northwoods Investment Opportunity!

Asking Price$349,900

Gross Revenue
Not Disclosed

Net Operating IncomeNot Disclosed

FF&ENot Disclosed

Building Sq. Ft.3526

Price per Sq. Ft.Not Disclosed

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Hilltop Lodging – A Rare Northwoods Investment Opportunity!


Asking Price$349,900

Gross Revenue
Not Disclosed

Net Operating IncomeNot Disclosed

FF&ENot Disclosed

Building Sq. Ft.3526

Price per Sq. Ft.Not Disclosed

Property Description
Exceptional opportunity to own a multi-building commercial investment property with outstanding flexibility and upside potential. Situated in a prominent location with access from both State Hwy 13 & 5th Avenue, Hilltop Lodging offers a diverse mix of rental opportunities on one property, making it ideal for long-term rentals, short-term lodging, workforce housing, or future redevelopment. The property includes a well-maintained triplex, with all seller-owned furnishings included, featuring 2 upper studio apartments and 1 lower-level 1 BR, 1 BA apartment. The triplex has seen numerous updates over the years and features vinyl flooring, carpet, drywall, compact kitchenettes w/full-size refrigerators, & forced air heat (new in 2024) w/central air, providing comfortable living spaces for tenants. Also included is a 4-unit building, with all four units designed as studio-style accommodations with private baths. Three units are seller-furnished and feature kitchenette areas w/mini refrigerators, microwaves, countertops, & wall-mounted TVs. Unit #4 is ready for renovation, presenting an excellent opportunity to add value. Also located on the property are 5 detached cabin buildings, all being sold as-is, offering potential for restoration, redevelopment, storage, or other future uses as envisioned by the next owner. The property also includes a 3 BR, 1 BA home that requires extensive remodeling, providing yet another opportunity for renovation & additional income potential. A garage & storage shed offer added utility, while the property's elevated setting provides ample parking and excellent visibility along busy State Hwy 13. Whether you're looking to expand your investment portfolio, operate lodging accommodations, develop workforce housing, or reimagine the property for future uses, Hilltop Lodging presents a rare opportunity in the Northwoods with multiple income-producing buildings and exceptional potential to increase value over time. Call today for more information!
Listing Info
ID:
2531369
Listing Views:

Listing ID: 2531369 The information on this listing has been provided by either the seller or a business broker representing the seller. BizQuest has no interest or stake in the sale of this business and has not verified any of the information and assumes no responsibility for its accuracy, veracity, or completeness. See our full Terms of Use. Learn how to avoid scams.