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Investment Highlights

  • Conveniently located in downtown Eagle River on a highly visible corner.
  • Great investment potential.
  • 27 guest accommodations including kitchenettes.

Executive Summary

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!

Attachments

GIS Map

Property Facts

Price $897,306 CAD
Price Per Room $33,234 CAD
Sale Type Investment
Property Type Hospitality
Property Subtype Hotel
Building Class C
Lot Size 0.41 AC
Building Size 11,000 SF
No. Rooms 27
No. Stories 2
Year Built 1960
Parking Ratio 2.14/1,000 SF
Corridor Exterior
Opportunity Zone Yes
Zoning Commercial

Room Mix Information

Description No. Rooms Daily Rate SF
Guest Room 27 $67.64 CAD -
Fairly walkable
50/100
Exceptionally drivable
100/100
Fairly bikeable
40/100

Property Taxes

Property Taxes

Parcel Number
221-726
Land Assessment
$135,976 CAD
Improvements Assessment
$516,848 CAD
Total Assessment
$652,824 CAD
  • Listing ID: 40664561

  • Date on Market: 2026-05-26

  • Last Updated:

  • Address: 309 E Wall St, Eagle River, WI 54521

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