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Investment Highlights

  • 46 Units, 2 Stories, Interior Corridors
  • Trailing Twelve Revenue thru April 2026: $753,202. Consistent Revenue Year Over Year. Priced at 3.1x Room Revenue
  • Located in the economic hub of the city with major plants located within a 5 minute drive including Rice Lake Weighing Systems, Johnson Truck Bodies,
  • 2025 Revenue: $721,943; 2024 Revenue: $720,471, 2023 Revenue: $747,203. 2025 NOI ~$325,000 with CAP Rate of 13.8%
  • Situated on South Main Street near the high-traffic interchange of U.S. Highway 53 and Highway 48.
  • Close proximity to Rice Lake , the Cedar Side Walking Trail, and the Rice Lake Speedway, capturing significant seasonal tourism

Executive Summary

Andrew Post and Sean Matura are pleased to present for sale the Super 8 by Wyndham located at 2401 S. Main Street, Rice Lake, Wisconsin.

This limited-service hotel benefits from strong Wyndham brand recognition and is positioned along a key commercial corridor serving the Rice Lake market. The property caters to both leisure and business travelers seeking dependable, value-oriented accommodations.

Conveniently located near downtown Rice Lake, the hotel enjoys access to regional employers, healthcare facilities, retail centers, and outdoor recreation. The property offers a stable investment opportunity in a consistent Wisconsin lodging market with steady year-round demand and potential for continued operational improvement.

Property Facts

Price $3,322,782 CAD
Price Per Room $70,697 CAD
Sale Type Investment
Property Type Hospitality
Property Subtype Hotel
Building Class C
Lot Size 1.81 AC
Building Size 21,118 SF
No. Rooms 47
No. Stories 2
Year Built/Renovated 1985/2014
Parking Ratio 3.6/1,000 SF
Corridor Interior
Opportunity Zone Yes
Zoning Commercial

Amenities

  • Business Center
  • High Speed Internet Access
  • Meeting Event Space
  • Public Access Wifi
  • Smoke-Free

Room Mix Information

Description No. Rooms Daily Rate SF
Guest Room 47 $91.91 CAD -
Fairly walkable
40/100
Exceptionally drivable
100/100
Fairly bikeable
50/100

Property Taxes

Property Taxes

Parcel Number
276-8001-17-000
Land Assessment
$549,320 CAD
Improvements Assessment
$1,390,196 CAD
Total Assessment
$1,939,515 CAD
  • Listing ID: 40982635

  • Date on Market: 2026-06-19

  • Last Updated:

  • Address: 2401 S Main St, Rice Lake, WI 54868

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