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5121 S Lake Dr

Cudahy, WI 53110
  • $2,300,000
  • STATUS: Active
  • ON SITE: 251 Days
  • ID#: 1794231
$2,300,000
  • 0
    BEDS
  • 0.29
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
  • 4,200
    SQFT
  • $548
    $/SQFT
Neighborhood:
Type:
Business Opportunity
Built:
1920
County:
Area:

School Ratings & Info

Description

Incredible opportunity to own this iconic landmark in the South Shore! The Sheridan name has deep roots dating back to the 1920s Sheridan Hotel. Current owners renovated the entire property in 2007 and operated Sheridan's/Sheridan House for 13 years. There are 12 wine region themed guest rooms, 88 capacity restaurant, 84 capacity patio, and a stunning 3rd floor, 2BR/2BA owners' unit with lake views. The business currently operates as a B&B but holds full licensing for a hotel, event space, and restaurant. Perfect place for a Chef and/or Hotelier to enjoy a work/live environment within 15 minutes of the airport, lake ferry and downtown Milwaukee. Walking distance to parks, golf courses and beaches assure a great quality of life as well as amenities to draw customers from near and far!

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© 2023 WIREX. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or Smart Real Estate Group. Data last updated: 2023-02-03T00:17:37.847.
www.smartteamhomes.com/homes/129230151
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5121 S Lake Dr Cudahy, WI 53110

  • Price: $2,300,000
  • Status: Active
  • On Site: 251 Days
  • ID#: 1794231
0
Beds
0
Baths
0
½ Baths
0.29
Acres
4,200
SQFT
$548
$/SQFT
1920
Built
Neighborhood:
Cudahy
County:
Milwaukee
Area:
Cudahy
Property Description
Incredible opportunity to own this iconic landmark in the South Shore! The Sheridan name has deep roots dating back to the 1920s Sheridan Hotel. Current owners renovated the entire property in 2007 and operated Sheridan's/Sheridan House for 13 years. There are 12 wine region themed guest rooms, 88 capacity restaurant, 84 capacity patio, and a stunning 3rd floor, 2BR/2BA owners' unit with lake views. The business currently operates as a B&B but holds full licensing for a hotel, event space, and restaurant. Perfect place for a Chef and/or Hotelier to enjoy a work/live environment within 15 minutes of the airport, lake ferry and downtown Milwaukee. Walking distance to parks, golf courses and beaches assure a great quality of life as well as amenities to draw customers from near and far!
Exterior Features

Acreage Less Than 1/2 Building Type Free Standing Exterior BrickBrick/Stone Parking Spaces Total 0.0 Roofing Rubber/Membrane Water Front No

Interior Features

Basement Full Commercial Ceiling Height 8 - 10 Feet Estimated Sqft Range 3501 Or More3501-50002501 Or More Heating Cooling Central AirForced AirIndividual Heating Units

Property Features

Acreage Range 0.0 To .499 Bus Com Ind Business Bus Com Type RetailMotel/Hotel/Bed & Brkfst Commercial Features Expenses Include: AccountingExpenses Include: AdvertisingExpenses Include: Property InsuranceExpenses Include: LicensesExpenses Include: Repair & MaintenanceExpenses Include: MiscellaneousExpenses Include: OtherExpenses Include: PayrollExpenses Include: PermitsExpenses Include: SuppliesExpenses Include: Taxes-Pers. PropertyExpenses Include: UtilitiesCarpetingInside StorageLiving SpaceOutside StoragePanelingRestroom(S)Security EquipmentInterior Sprinkler Estimated Age Range 21+ Years Exclusions Seller's Personal PropertyIncluding All Furniture & items in 3rd Floor Owner's Apartment. La Occitane Bath ProductsStair Stepper in Fitness RoomLittle Giant Ladder & Black Fireplace in GarageLiquorWine & Beer. If Name Not KeptSeller Wants Stained Glass Above EntrywayBay View Studios. Farm YN No Heat Fuel Natural Gas Inclusions Most items To Run B&B/Hotel including Furniture in Rent Able RoomsKitchen And Dining Areas (Some ExclusionsSee La For Complete List). Parcel #'S include 5121-5133 & 5145 S Lake Dr & 3958 E Pulaski Ave. Licensee Interest No Limited Service No Municipality Type City New Construction YN No Real Estate Included Yes Tax Year 2022 Total Taxes 43973.0 Unit Number 5133 Value Range Pricing No Water Waste Municipal SewerMunicipal Water Zoning Comm

Listing information © 2023 WIREX. Courtesy of [OFFICE NAME]: PropertyInfo@shorewest.com


© 2023 WIREX. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or Smart Real Estate Group. Data last updated: 2023-02-03T00:17:37.847.
 
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Smart Real Estate Group
314 S Commercial St
Neenah WI, 54956