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This Hospitality Property is no longer advertised on LoopNet.co.uk.

451 E Grand Ave
Wisconsin Rapids, WI 54494

Hotel Mead Resort & Convention Center · Hospitality Property For Sale · 139,000 SF

Investment Highlights

  • 2 Room Towers/150 Guest Rooms; Built in 1978 and 1998, concrete & steel construction
  • 51.64% Occ @ $90.25 ADR = $46.61 RevPAR (T12 October 2023)
  • Independent Hotel unencumbered of franchise, buyer’s option to keep independent or add a franchise
  • T12 September 2023 Room Revenue almost $2.4M; Total Revenue almost $2.9M.
  • #1 Traveler Ranked Hotel on Trip Advisor in Wisconsin Rapids
  • 12 Meeting Rooms with up to 17,000 SF of Meeting Space; Amenities include the onsite restaurant “The Whitney”, pool, hot tub, sauna, fitness room

PROPERTY FACTS

Property Type Hospitality
Property Subtype Hotel
Building Class B
Lot Size 5.46 AC
Building Size 139,000 SF
Number of Floors 5
Year Built/Renovated 1951/2013
Parking Ratio 0.57/1,000 SF
Corridor Interior

Amenities

  • Business Centre
  • Fitness Centre
  • Pool
  • Restaurant
  • High Speed Internet Access
  • On-Site Bar
  • Meeting Event Space
  • Public Access Wi-Fi
  • Hot Tub

PROPERTY TAXES

PROPERTY TAXES

Parcel Numbers
Multiple
  • 3407778
  • 34-08230
Land Assessment
£450,915
Improvements Assessment
£2,007,606
Total Assessment
£2,458,522

zoning

Zoning Code B-2
B-2
  • Listing ID: 28663720

  • Date on Market: 05/06/2023

  • Last Updated:

  • Address: 451 E Grand Ave, Wisconsin Rapids, WI 54494

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