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7353 Horseshoe Bay Rd
Egg Harbor, WI 54209

$6,850,000 USD

Hotel For Sale  •  31,320 SF

Property Details

  • Property Type Hotel
  • Total Building Size 31,320 SF
  • Lot Size 4.09 AC
  • Building Class B
  • Year Built 1968
  • Cap Rate 10.00 %
  • Zoning REC
0 Transit Score
0 Walk Score

Description

Egg Harbor, Wisconsin is on the shores of the Green Bay section of Lake Michigan in Door County, one of the most popular vacation destinations in the Midwest. Door County encompasses the peninsula between Green Bay and Lake Michigan and has 300 miles of shoreline. Tourists to this area come for the water, nature, outdoor activities, art galleries and performing arts, local shops and boutiques, amazing food scene, local wines and brews and most notably, the cherries! Door county is also home to five state parks and 11 historic lighthouses.

Egg Harbor is one of 19 unique communities in Door County and offers endless activities with something for everyone. This prime location in Door County features numerous recreational activities, inviting eateries, a variety of shops and galleries, golf courses and award winning preforming arts that will be sure to entertain everyone.

Egg Harbor has been voted on of the "Top Ten Coolest Small Towns in America", "Best Shopping Experience" in Door County and "Best Wisconsin Town for Galleries and Arts Scene". It is also very well known for it's state-of-the-art marina and has the most water-view lodging of any community in the county.

Egg Harbor is located approximately 60 miles from Green Bay, 170 miles from Milwaukee, 260 miles from Chicago and 325 miles from the Twin Cities. Green Bay Austin Straubel International Airport is the nearest major airport, approximately 65 miles from Egg Harbor.

Highlights

Profitable resort on 4.09 acres with 400 feet of private shoreline on the Green Bay section of Lake Michigan
10% cap rate based on current financials, 12.6% on 2025 pro forma
Located in the popular Midwest vacation destination of Door County, Wisconsin
One of the only resorts in Door County directly on the water with many repeat visitors year after year
There are four lodging buildings with a mix of motel rooms, townhouses and a cottage along with a variety of amenities. 80%+ occupancy each season
Owner's or manager's house onsite or could be used as an additional rental unit

Property Flyers

Cap Rate: 10.00 %

Amenities

  • Pool
  • Room Service
  • Beach (direct access)
  • Tennis
  • Hot Tub
Frank Jermusek 952-820-1615 SVN | Northco Real Estate
Frank Jermusek 952-820-1615 SVN | Northco Real Estate