Best Western Inn
$4,350,000
2835 South Main Street, Canton, WI 54868
For Sale
Hotel
Active
Last Updated: 07/15/2026
24,544 sqft
Building Size
3.99 acres
Lot Area
Details:
Building Size: 24,544 sqft
Lot Area: 3.99 acres
Keys: 57
Year Built: 1981
Price Per Unit: $76,316
Floors: 2
Year Last Renovated: 2025
Highlights:
- 57 Guestrooms, 2 stories, Interior Corridor
- Fully Renovated in 2024-2025 and Approved Auto Transfer
- Within an Opportunity Zone
- Located in the economic hub of the city with major plants located within a 5 minute drive including Rice Lake Weighing Systems, Johnson Truck Bodies, Quanex Building Products, and Henry Repeating Arms
- Close proximity to Rice Lake , the Cedar Side Walking Trail, and the Rice Lake Speedway, capturing significant seasonal tourism
Description:
We are pleased to offer an exciting opportunity to purchase the fully renovated (2024-2025) Best Western Inn in Rice Lake, Wisconsin. This strategically located select-service hotel features 57 well-appointed guest rooms and suites and is fresh from a major remodel.
This exceptional asset is poised to capitalize on its prime positioning within the vibrant Rice Lake market, the regional economic hub of Barron County. Benefiting from immediate access via US Highway 53 (Exit 140), the hotel captures a diverse demand base of business and leisure travelers drawn to the area’s key economic drivers.
Location
Gallery