22
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Listed by Marian Nelson • Crex Realty Inc
$750,000
Est. payment /mo
12,000 SqFt
Active
701 & 703 State Road 70 W Grantsburg, WI 54840
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Key Details
Property Type Commercial
Listing Status Active
Purchase Type For Sale
Approx. Sqft 5001 or more
Square Footage 12,000 sqft
Price per Sqft $62
Municipality GRANTSBURG
MLS Listing ID 1585262
Year Built 1970
Building Age 21+ Years
Annual Tax Amount $9,116
Tax Year 2023
Lot Size 3.140 Acres
Acres 3.14
Property Description
The Grantsburg Inn is a privately owned 22 unit motel, 6 apartment rentals, car wash, & laundry located in a popular tourist & vacation area about 75 miles from the Twin Cities. Burnett County brims over with lakes, rivers, wildlife & birds. The Crex Meadows and Fish Lake Wildlife area are within 1-2 miles of the Inn. The St. Croix River is about 4 miles away. Most rooms recently remodeled. Seller has made a number of upgrades in the last two years. Enterprise consists of a well-maintained motel, laundry, car wash & apartments. Generous 3.14 acre lot. Motel has 21 guest rooms Queen or King beds: 18-double Q, 2-Quad Q rooms, 1 King Suite Room. Motel has a nice lobby & manager's apartment + large linen room & other storage. There is extra space in the unfinished attic & basement for future expansion. The 6 Auxiliary Apartments are rented as long term rentals.
Location
State WI
County Burnett
Zoning Commercial
Direction At Jct 48 & 70 in Grantsburg, continue West on Hwy 70 about a half mile to Grantsburg Inn on the left. From Minnesota, take Hwy 70 exit at Rock Creek. Go East about 15 miles. Motel in on the right as coming into Grantsburg.
Rooms
Basement Partial
Interior
Cooling Wall/Sleeve Air, Wall Furnace
Building
Sewer Municipal Sewer, Municipal Water
Structure Type Wood
New Construction N
Schools
School District Grantsburg
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