LAKE NOKOMIS MOTEL- Own your own business! This turnkey lakefront hotel with 320' sandy frontage and western exposure is priced well below appraised value. It is located on the Hiawatha State Trail, a main recreational artery that connects Tomahawk and Minocqua, which caters to ATV's, hiking, biking, and snowmobiling. This gem also provides numerous activities on site, such as; boating, fishing, swimming, and volleyball. The property offers 24 motel units, 2 cabins, main home, and 2500 sq. ft. guest quarters. There have been many recent updates including; new septic, roof, and landscaping. The main home had kitchen, dinning, and living room facelifts, as well as total remodel of the guest home. With a great deal of repeat business, both corporate and leisure, and the fantastic location with 4 season recreational opportunities, this hotel allows for year round income. Price has been reduced to 1.2 million.
|Lot Size SqFt: 118483||Water Frontage (feet): 320|
|Lot Size Acres: 2.72||Shoreline: Sand|
|Lake Chain: Nokomis||Zoning: Commercial|
|Lake Name: Lake Nokomis||Access Road: County Hwy, Paved Road|
|River Name:||High School:|
|Lake Size-Acres: 2433|