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Super 8

$2,350,000

2401 South Main Street, Canton, WI 54868

Active
Last Updated: 07/01/2026

21,118 sqft

Building Size

1.81 acres

Lot Area

Details:
Building Size:    21,118 sqft
Lot Area:    1.81 acres
Keys:    46
Year Built:    1985
Price Per Unit:    $51,086
Floors:    2
Year Last Renovated:    2014
Highlights:
  • 46 Units, 2 Stories, Interior Corridors
  • 2025 Revenue: $721,943; 2024 Revenue: $720,471, 2023 Revenue: $747,203
  • 2025 NOI ~$325,000 with CAP Rate of 13.8%
  • Trailing Twelve Revenue thru April 2026: $753,202
  • Consistent Revenue Year Over Year
  • Priced at 3.1x Room Revenue
  • Situated on South Main Street near the high-traffic interchange of U.S. Highway 53 and Highway 48.
  • 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:

Andrew Post and Sean Matura are pleased to present for sale the Super 8 by Wyndham located at 2401 S. Main Street, Rice Lake, Wisconsin.


This limited-service hotel benefits from strong Wyndham brand recognition and is positioned along a key commercial corridor serving the Rice Lake market. The property caters to both leisure and business travelers seeking dependable, value-oriented accommodations.


Conveniently located near downtown Rice Lake, the hotel enjoys access to regional employers, healthcare facilities, retail centers, and outdoor recreation. The property offers a stable investment opportunity in a consistent Wisconsin lodging market with steady year-round demand and potential for continued operational improvement.

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