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Waubee Lake Lodge 18398 Waubee Park Ln

17 Room Hotel Lakewood, WI 54138 $4,700,000 ($276,471/Room)

Investment Highlights

  • Highly Profitable
  • Turn-Key Operation
  • Down payment assistance available for qualified buyer

Executive Summary

FOR SALE: Waubee Lake Lodge
Your Dream Lodge on Waubee Lake, Wisconsin
Nestled on the shores of picturesque Waubee Lake, this lodge offers a rare opportunity to own a thriving business and a beloved destination in the heart of Wisconsin's Northwoods.
Property Highlights:
Prime Waterfront Location: Stunning lakefront views with direct access to Waubee Lake, ideal for water activities and relaxation.
Lodge with 17 Unique Suites: The lodge features 17 beautifully appointed suites, each offering a unique variety of amenities. Options range from single suites to spacious 3-bedroom, 2-bathroom “condos,” perfect for solo travelers, couples, or entire families. A two-night minimum stay is required on weekends.
Amenities Include:
Jacuzzi tubs
Lake views
Lofts and/or balconies
Kitchenettes in every suite, with some offering full kitchens
Guests enjoy access to the lodge’s docks and a communal firepit for evening gatherings.
Seven Cozy Cabins: Located within walking distance of the lodge, these cabins range from 1 to 3 bedrooms. Each cabin features its own firepit and grill—guests only need to bring firewood or charcoal! The cabins offer the same basic amenities as the lodge suites, with dock access available on request. Pets are welcome in the cabins for an additional charge. A two-night minimum stay is required on weekends.
Three of seven cabins are Lake Houses: Situated along the waterfront just beyond the lodge, these 1- to 3-bedroom homes boast private docks, breathtaking lake views, and a cozy atmosphere perfect for families or groups.
Turnkey Operation: Fully operational lodge with a strong customer base, including a popular bar, restaurant, and extensive accommodations.
Multiple Revenue Streams: Restaurant, bar, event hosting, suite and cabin rentals, and more.
Rustic Charm: Beautifully maintained interiors with a warm, inviting atmosphere, perfect for all seasons.
Year-Round Appeal: Popular for summer lake activities, fall foliage, and winter snowmobile trails.
Business Potential:
Waubee Lake Lodge is a thriving destination with incredible versatility. Its 17 unique suites, seven rental cabins offer a variety of lodging experiences that cater to a wide range of guests. With its established reputation, strong customer base, and multiple revenue streams, this is an exceptional investment opportunity.
Whether you're looking to expand your portfolio or fulfill a dream of owning a lakefront lodge, Waubee Lake Lodge is ready to welcome its next chapter.
Contact HSC Brokers today to learn more about this exciting listing. Confidential inquiries are welcome!

***Down payment assistance available. Seller Financing up to 10% of purchase price for qualified buyer***
***Financials Available with signed Non-Disclosure Agreement***

Property Facts

Price $4,700,000
Price Per Room $276,471
Sale Type Investment
Property Type Hospitality
Property Subtype Hotel
Building Class B
Lot Size 2.07 AC
Building Size 29,600 SF
No. Rooms 17
No. Stories 3
Year Built 2007
Parking Ratio 1.72/1,000 SF
Corridor Interior

Amenities

  • Restaurant
  • Room Service
  • On-Site Bar
  • Meeting Event Space
  • Wedding Venue
  • Public Access Wifi

Room Mix Information

Description No. Rooms Daily Rate SF
Suite 17 $174.00 -

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
019141401314B
Land Assessment
$226,500
Improvements Assessment
$1,022,000
Total Assessment
$1,248,500

zoning

Zoning Code GC (A mix of G2 and G1)
GC (A mix of G2 and G1)
  • Listing ID: 34039127

  • Date on Market: 11/30/2024

  • Last Updated:

  • Address: 18398 Waubee Park Ln, Lakewood, WI 54138

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