About 130 1st St W
6-UNIT MOTEL + 5 APARTMENTS FOR SALE IN GLIDDEN, WI This property offers a combination of short-term lodging and long-term residential rentals in one property overlooking the Chippewa River. Located with direct access to ATV and snowmobile trails and near the National Forest and Copper Falls State Park, the property is positioned to serve recreational travelers, hunters, and seasonal workers. The property includes 11 total units consisting of six furnished motel rooms and five apartments. Each motel room features two queen beds, Wi-Fi, cable TV and a refrigerator. The residential portion includes three 2-bedroom/1-bath apartments and two 3-bedroom apartments. Four apartments are currently tenant occupied, while one 3-bedroom apartment is owner occupied and furnished, giving a new owner the option to live on-site or potentially add another rental unit. Since purchasing the property in 2022, the current owner has completed numerous improvements, including roofing and insulation updates, foundation work, replacing all motel windows, PTAC heating and cooling units, water-heating equipment, apartment renovations, appliances, plumbing fixtures, exterior improvements and driveway maintenance. Additional space within the property may also provide opportunities for future rental, storage, or other uses. The Chippewa Inn fills a lodging need in the Glidden area and is popular with travelers and construction workers, with the next motel options approximately 25 miles away in Park Falls and 40 miles away in Ashland, WI. Its location near year-round Northwoods recreation, combined with both motel and apartment units, provides multiple potential revenue streams from a single property. Whether you're looking to expand a rental portfolio, operate an owner-managed business or purchase your first income-producing property, this property offers an established mix of short- and long-term rental opportunities with room for future growth. Selling As Is. Schedule your private tour today!
