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Rick Lovdal

rick@eliasonrealty.com +1(715) 891-5608

$ 650,000

Est. payment -/mo

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309 WALL ST E Eagle River, WI 54521

32 Beds

30 Baths

11,000 SqFt

UPDATED:

Key Details

Property Type Commercial

Sub Type Hotel/Motel

Listing Status Active

Purchase Type For Sale

Square Footage 11,000 sqft

Price per Sqft $59

MLS Listing ID 217313

Bedrooms 32

Full Baths 30

HOA Y/N No

Annual Tax Amount $5,749

Tax Year 2025

Lot Size 0.413 Acres

Acres 0.41299358

Property Sub-Type Hotel/Motel

Property Description

Positioned in the heart of downtown Eagle River, Travelers Inn Motel is a rare hospitality investment opportunity! This established motel and in has long served visitors drawn to Eagle River's year-round recreation, vibrant downtown atmosphere, and extensive trail systems, making it both a functional lodging business and a visual landmark within the community! Strategically located on a highly visible downtown corner, the property benefits from exceptional exposure, easy accessibility, and walkable proximity to restaurants, shopping and entertainment. The property consists of 27 guest accommodations, including 10 units equipped with kitchenettes, providing flexible lodging options for extended stays, vacation travelers, seasonal guests, snowmobilers, anglers, and business visitors alike. Travelers Inn Motel features a classic Northwoods character with a recognizable covered entrance and charming inn-style frontage. The site includes ample on-site parking and a layout designed to accommodate both motel-style access and inn-style lodging operations. The combination of visibility, accessibility, and unit mix creates an attractive setup for continued hospitality use, owner-operator potential, or future investment strategies. Whether you are looking to expand an existing hospitality portfolio, enter the lodging industry, or acquire a well-known downtown Eagle River property with strong long-term potential, Travelers Inn Motel presents a unique opportunity in a highly desirable Northwoods market!

Location

State WI

County Vilas

Community Sidewalks

Direction In Eagle River, Hwy 70 to L on Railroad St. R on E Wall Street. Property is on the Left.

Interior

Heating Baseboard, Forced Air, Natural Gas

Flooring Mixed

Inclusions Real Estate and Business, Furniture

Fireplace No

Exterior

Exterior Feature Landscaping

Parking Features Paved, Private

Community Features Sidewalks

Utilities Available Cable Available, Phone Available

Water Access Desc Public

Roof Type Composition,Shingle

Road Frontage City Street

Building

Lot Description Level

Story 2

Sewer Public Sewer

Water Public

Others

Tax ID 221-726

Ownership None

Listed by REDMAN REALTY GROUP, LLC

NEARBY SCHOOLS & PROPERTIES

Rick Lovdal

Agent

+1(715) 891-5608

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