List Search

227 Ripon Rd
Berlin, WI 54923

$875,000 USD

Hotel For Sale  •  9,491 SF

Property Details

  • Property Type Hotel
  • Total Building Size 9,491 SF
  • Lot Size 0.49 AC
  • Building Class C
  • Year Built 1984
  • Cap Rate 14.55 %
  • Zoning B-2
40 Walk Score

Description

Berlin, is a welcoming small city located in central Wisconsin, primarily within Green Lake County with a portion extending into Waushara County. Positioned along the scenic Fox River, Berlin offers a blend of small-town charm, natural beauty, and convenient access to some of Wisconsin’s most popular recreational destinations. The city is approximately 20 miles west of Oshkosh and 85 miles northwest of Milwaukee, making it an appealing location for those seeking a quieter lifestyle while remaining connected to larger metropolitan areas. Known for its historic downtown, community-focused atmosphere, and strong outdoor recreation opportunities, Berlin provides residents and visitors with a peaceful yet active environment in the heart of the state.

The Fox River is a defining feature of the Berlin area, flowing directly through the city and offering a variety of recreational activities throughout the year. The river is popular for boating, kayaking, canoeing, and fishing, with anglers commonly catching walleye, bass, northern pike, and panfish. Riverfront parks, walking paths, and nearby green spaces create ideal settings for picnicking, wildlife viewing, and enjoying Wisconsin’s natural scenery. The Fox River also contributes to Berlin’s historic character, as the community originally developed around the river’s importance to trade and transportation.

Nearby, Green Lake is one of Wisconsin’s premier recreational lakes and a major attraction for the region. Known as the deepest natural inland lake in Wisconsin, Green Lake spans more than 7,000 acres and offers exceptional opportunities for boating, sailing, fishing, swimming, and lakeside relaxation. The surrounding area features golf courses, resorts, hiking trails, and seasonal events that draw visitors from across the Midwest. The proximity of Green Lake enhances Berlin’s appeal as a destination for outdoor recreation and weekend tourism.

Berlin is also conveniently located near several larger Wisconsin communities, allowing easy access to shopping, healthcare, entertainment, and employment opportunities while maintaining its relaxed rural character.

Proximity to larger cities:

20 miles west of Oshkosh, WI
45 miles southwest of Appleton, WI
70 miles northwest of Milwaukee, WI
85 miles northeast of Madison, WI
100 miles southeast of Green Bay, WI

Airports in close proximity include Wittman Regional Airport (20 miles), Appleton International Airport (50 miles), and Milwaukee Mitchell International Airport (90 miles).

Highlights

14.55% Cap Rate based on 2024-2025 Average EBITDA
Super 8 by Wyndham Berlin, WI, located in central Wisconsin near Green Lake, one of the state’s premier recreational and tourism destinations
The Property contains 20 guest rooms across two stories under the nationally-recognized Super 8 brand
Renovated within the past 5 years, offering updated guest accommodations and modernized common areas for an improved guest experience
Strategically positioned near local tourism drivers including Thrasher Opera House, The Berlin Tannery, and the Green Lake Conference Center
Amenities include complimentary breakfast, free wifi, free parking, and pet-friendly accommodations

Property Flyers

Cap Rate: 14.55 %

Amenities

  • Public Access Wifi
  • Smoke-Free

Public Transportation

AirportDriveWalkDistance
Appleton International 58 min - 42.0 mi

Parking Details

Parking Available: Yes
Reserved: No
Spaces Provided: 20
Type: Surface
Included in Rent: Yes
Ned Rupp 651-492-0563 SVN | Northco Real Estate
Ned Rupp 651-492-0563 SVN | Northco Real Estate