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8135 US Highway 51 2,502 SF Retail Building Minocqua, WI 54548 $599,000 ($239.41/SF)
INVESTMENT HIGHLIGHTS
- High-traffic commercial location on Hwy 51.
- Water frontage on Lake Minocqua, with a pier.
- Home, Shop, and Garage buildings with city water/sewer, natural gas, and high-speed internet.
EXECUTIVE SUMMARY
Excellent commercial/residential opportunity near downtown Minocqua. Located on the west side of Highway 51; estimated daily traffic count of 15,950 - per Wisconsin DOT. This property contains 2502 sqft between all three buildings that offer endless possibilities to work, live and play in one location! The Shop building is 12’ x 27’ with newer flooring. It has heat/air conditioning so can be used year round. It was used as a bait shop in the past and is an excellent showroom space. The residence has had a complete interior renovation and is zoned for short-term rentals if you want to take advantage of rental income. Property highlights include frontage on Lake Minocqua with pier, adjacent to snowmobile trail, two access points and close to town and amenities. Property also offers city water/sewer, natural gas, and Charter high-speed internet. Come see this all-encompassing opportunity today and let your ideas start to take shape!
TAXES & OPERATING EXPENSES (ACTUAL - 2023) Click Here to Access |
ANNUAL | ANNUAL PER SF |
|---|---|---|
| Taxes |
-
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-
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| Operating Expenses |
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| Total Expenses |
$99,999
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$9.99
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TAXES & OPERATING EXPENSES (ACTUAL - 2023) Click Here to Access
| Taxes | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Operating Expenses | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Total Expenses | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
PROPERTY FACTS
Sale Type
Owner User
Property Type
Retail
Property Subtype
Building Size
2,502 SF
Building Class
C
Year Built
1989
Price
$599,000
Price Per SF
$239.41
Tenancy
Single
Building Height
1 Story
Building FAR
0.07
Lot Size
0.82 AC
Zoning
Business B2 - Buyer to verify
Frontage
AMENITIES
- Corner Lot
- Waterfront
- Air Conditioning
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8135 US Highway 51
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