2315 Hwy 17, Phelps, WI 54554

Property Description

LIVE. WORK. PLAY. GROW. Here is a rare opportunity to own an established, Northwoods hospitality property where business, home, & recreation come together! Lakeview Lodge offers 10 furnished motel rooms, a 2BR/2BA owner/manager residence, reception area with additional guest space featuring a king bed and bath, multiple garages, and a 30 x 46 rental storage building, all situated on approximately 3.1 acres. Built into the hillside, the motel benefits from exceptional natural insulation and energy efficiency, while its elevated setting and parking area provide beautiful views overlooking North Twin Lake. Across the street, an ADDITIONAL .62-acre lakefront parcel brings the total offering to approximately 3.72 acres and features 150’ of beautiful sand/gravel frontage, western exposure for gorgeous sunsets, municipal sewer and water, RV hookup and pad, storage shed, piers, and lift. The motel features five double-queen and five king rooms, each approximately 26 x 12, plus a guest coffee bar and onsite laundry for operations. Guest-room furnishings are included, allowing you to step into an established operation and build upon it! Live onsite, utilize the residence for management, or explore additional rental-income potential. For the recreational entrepreneur, the possibilities are exciting—leave directly from the property by snowmobile or UTV, capitalize on the lakefront location, and utilize substantial storage for rental equipment or future growth. Recent improvements include motel windows, living-quarter roof, front and rear decks, plus replacement house windows ready for installation. Best of all, the snowmobiles and UTVs are included, creating a truly turn-key recreational business opportunity with potential to generate revenue year-round! A 2.5-car garage and attached 1-car garage add even more utility. Live where others vacation, operate an existing business, and bring your vision to an opportunity with tremendous potential in Wisconsin’s Northwoods!