Listing provided courtesy of Better Homes and Gardens Real Estate Special Properties- MLS# 2026629
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Request Info488 South Street #1-16Green Lake, WI 54941
Commercial · 5,953 Sq. ft. | 0.58 Acres$1,800,000
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488 South Street #1-16 Overview
- Time on Site:
- 5 days
- Visits:
- 4
Green Lake Suites, LLC presents a unique investment opportunity. This property stands out not only for its prime location but also for its distinctive offering of 16 uniquely designed and furnished suites, including an owner's suite. Situated within steps of the water, Green Lake Suites benefits from its proximity to various local attractions. This includes being right in the heart of downtown, where guests can easily access restaurants, ice cream parlors, parks, marinas, and the public beach. Its enviable location across f from the marina and park further adds to its appeal, making it an attractive destination for those seeking a relaxing lakeside getaway. The sale represents a compelling opportunity for investors looking to enter or expand within the hospitality industry.
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488 South Street #1-16 Facts & Features
- Type Commercial
- Sq. ft. 5,953
- Price/Sq.ft. $302
- Lot 0.58 Acres
Details
General
Income/Expenses
- Net Operating Income: 0
- Operating Expense: 0
Listing Information
- Sale Includes: Business name, Customer list, Equipment, Furniture, Inventory, Lease(s), Receivables, Signs
Building Information
- Fuel: Natural gas
- Water/Waste: Municipal sewer, Municipal water
- Year Built: 1957
Business Information
- Current Use: Motel/Hotel/Bed & Brkfst
Location/Region
- County Or Parish: Green Lake
- Postal City: Green Lake
Parking Information
- Parking Fees/Mo.: 0
Rent/Lease Information
- Lease Type: None
- Tenant Pays: N/A
Tax Information
- Tax Annual Amount: $10,193.00
- Tax Assessed Value: $804,000.00
- Tax Year: 2025
General Information
- Business Sale: Yes
- Exclusions: Any personal property
- Features: Private Restrooms, Residential unit(s), Reception area, Signage available, Inside storage, Outside storage
- Inclusions: All and not limited to everything onsite. List of inclusions to be provided by Seller
- Miscellaneous: Internet - Cable
- Parcel Number: 231000270100
- Property Type: Business/Comm
- Type: Office, Motel/Hotel/Bed & Brkfst
- Zoning: Commercial
Interior
Building Information
- Total Units/Bldg.: 16
- Heating/Cooling: Central air, Forced air, Wall AC, Zoned heating
Building Interior
- Building Area Total: 5953
- Ceiling Height Max: 8
- Ceiling Height Min: 8
General Information
- Basement: Other foundation
- Stories Total: 1
Unit Information
- Unit 1 Base Annual Rent: $0.00
- Unit 1 Gross SqFt: 0
- Unit Number: 1-16
Exterior
Parking Information
- Onsite Parking: 21 Spaces
- Parking Features: 21-35 spaces, Onsite, Paved
Lot Information
- Street Frontage: 165
- Lot Size Acres: 0.58
- Lot Size Source: Assessor
Building Exterior/Construction
- Construction Materials: Wood, Brick
- Roof: Composition
488 South Street #1-16 Neighborhood
Community
54941 (GREEN LAKE) Demographics
54
Median Age
54
Population Density (per sq. mile)
46%
College Educated
$59,667
Estimated Median Income
877
Estimated Total Home Owners
253
Estimated Total Renters
78% / 22%
Estimated Owner / Renter Divide
2
Estimated Average Household Size
Schools
School data courtesy of LiveBy, Inc. School ratings are based on a scale of 1-5, with 5 being the highest rating and 1 being the lowest rating.488 South Street #1-16 Monthly Cost
488 South Street #1-16 Market Data
Based on the last 30 days in this zip code
$1,156,073
Average List Price
$439
Average Price per Square Foot
4
Properties Sold
124
Average Days on Market
55
Properties for Sale
488 South Street #1-16 History
| Date | Value | Agent |
|---|---|---|
| 6/24/2026Source: South Central Wisconsin MLS | June 24, 2026 |