Lake Geneva, WI 53147,625 S Wells St
Lake Geneva, WI 53147,625 S Wells St
Lake Geneva, WI 53147,625 S Wells St
61
Listed by Lake Geneva Area Realty, Inc.
Bought with Keller Williams Realty-Milwaukee Southwest
$1,924,400
$2,200,000
12.5%
Est.Price: ?

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3.49 Acres Lot

625 S Wells St Lake Geneva, WI 53147

Est. payment /mo
SOLD DATE : 10/31/2022

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Key Details

Sold Price $1,924,400

Property Type Commercial

Listing Status Sold

Purchase Type For Sale

MLS Listing ID 1808022

Sold Date 10/31/22

Annual Tax Amount $12,016

Tax Year 2021

Lot Size 3.490 Acres

Acres 3.49

Property Description

Established 28 unit motel with large in-ground pool + 4 bedroom home on nearly 3.5 acres in the city of Lake Geneva. Great location with approx. 430' of frontage on high-traffic Wells Street. Just a few blocks to the beautiful waters of Lake Geneva & downtown. Numerous improvements completed throughout ownership including new blacktop, select roofs/siding, multiple room updates and more. Stand alone 4 bed/2 bath home offers 3,056 sqft of living space and serves as the owner's live-in/office. Rentals are currently comprised of 10 buildings: a 13 unit building, a 6 unit building, a 2 unit building and 7 individual cabins. Potential for 4 additional rentals via the home and renovation of the rear building and 8th cabin. Proposed split of parcel also available via MLS 1808037 and MLS 1808036.

Location

State WI

County Walworth

Zoning Commercial

Rooms

Basement Partial

Interior

Heating Forced Air, Hot Water/Steam, Indiv. Heating Units, Natural Gas, Wall/Sleeve Air

Cooling Forced Air, Hot Water/Steam, Indiv. Heating Units, Natural Gas, Wall/Sleeve Air

Flooring No

Exterior

Exterior Feature Aluminum, Brick, Vinyl, Wood

Roof Type Composition,Rubber

Building

Water Municipal Sewer, Municipal Water

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