8700 Hwy 51, Minocqua, WI 54548

$1,250,000
3
BA

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List Price
$1,250,000
MLS#
213665
Status
ACTIVE
County
Oneida
City
Minocqua
Bathrooms
3
Half-baths
3
Subtype Additional Info
Investment

Property Description

Minocqua Commercial Opportunity: One of the most desired business sites in The Northwoods. Located at the stop light intersection of US Hwy 51 N and State Hwy 70 W. The busiest corridor in Minocqua with 18,100+ vehicles per day at this intersection. Adjacent to Minocqua's only Kwik-Trip and neighboring Starbucks, Taco Bell, McDonalds, Lakeland Union High School, hospitals and many other complimentary businesses. The existing tenant, El Tarasco Restaurant, has occupied the building since 2018 on a triple net lease. This property features ample paved parking with 59+ spots. Newly constructed building in 2010 offers spacious dining and kitchen areas and a covered patio for outdoor dining. Full liquor license w/ Property. Excellent business signage. Total of 1.61 acres between two parcels and nearly 250' of US Hwy 51 N frontage. Significant recent growth in this commercial area that will continue to increase in demand and value making this an appealing and dynamic long term investment.

Additional Information

Days on Market
357
Year Built
2010
Lot Dimensions
245x363
Cooling
Central Air
Heating
Forced Air, Natural Gas
Exterior Features
Handicap Accessible, Sprinkler/Irrigation
Roof
Rubber, Tile

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Calculator source: Real Geeks

Listing courtesy of REDMAN REALTY GROUP, LLC.