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317 PARK AVE E
Minocqua, WI 54548

Commercial Sale (Hotel-Motel)

1.04 Acres
8511 Sqft Living Area

17 Bedrooms

14 Bathrooms (14 Full, 0 Half)

Year Built: 1906

$5,200,000

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Property Description

Unique commercial investment in downtown Minocqua! Schlecht’s Resort has been family owned & operated for 3 generations. Offering a historic home with timeless elegance shown in its grand entrance, stained glass and well-preserved wood details, it takes you back in time while offering modern comfort. Surrounding this piece of history are 4 inviting waterfront cottages, 6 well-appointed kitchenette units, duplex & 2 permanent piers for all watercraft. All situated on 343’ sand frontage, with southern exposure on well sought after LAKE MINOCQUA. Walking distance to shopping, dining & nightlife, the location can not be beat. With a rich history & rental track record, this resort is an ideal investment for those seeking opportunity. Alternatively, the potential for redevelopment opens doors to creating what a new owner envisions in this scenic location. Favorable zoning will allow for continuation as a commercial endeavor, resort, condominiums, marina...all will be possible here.

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Contact Details

Name: PAT VAN HEFTY

Email: Pat@RedmanRealtyGroup.com

MLS Listing Id: 205501

Agent Phone: (715) 892-0298

List Agent License:

Office Name: REDMAN REALTY GROUP, LLC

Office Phone: (715) 358-0450

Office MLS Id: 600

Listing Status: Active

Listing URL: https://listings.listhub.net/pages/GNMLSWI/205501/?channel=openhousinc

Copyright © 2024 Northwoods Association of REALTORS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.