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317 Park Ave E

Minocqua, WI 54548
  • $5,200,000
  • STATUS: Active
  • ON SITE: 123 Days
  • MLS #: 205501
$5,200,000
  • 17
    BEDS
  • 1.04
    ACRES
  • 14
    BATHS
  • 0
    1/2 BATHS
  • 8,511
    SQFT
  • $611
    $/SQFT
Type:
Commercial
Built:
1906
County:
Area:

School Ratings & Info

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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© 2024 Northwoods Association of REALTORS® & Greater Northwoods MLS. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or Dream North Real Estate, eXp Realty, LLC. Data last updated: 2024-06-18T00:07:36.457.
www.dreamnorthre.com/homes/147637340
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317 Park Ave E Minocqua, WI 54548

  • Price: $5,200,000
  • Status: Active
  • On Site: 123 Days
  • MLS #: 205501
17
Beds
14
Baths
0
½ Baths
1.04
Acres
8,511
SQFT
$611
$/SQFT
1906
Built
County:
Oneida
Area:
Minocqua
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.
Exterior Features

Construction Materials Frame Stucco Wood Siding Exterior Features Landscaping Parking Features Private Unpaved Driveway Roof Composition Shingle

Interior Features

Cooling Central Air Wall Window Units Cooling YN Yes Electric Circuit Breakers Fuses Flooring Carpet Laminate Vinyl Wood Heating Baseboard Electric Forced Air Natural Gas Other Heating YN Yes

Property Features

Building Features Signs Business Name Schlecht's Resort Business Type Bed Breakfast Hotel Motel Community Features Sidewalks Frontage Length 343 Frontage Type Lakefront Inclusions Real Estate and Business Furniture Lot Features Lake Front Sloped Views Other Structures Living Quarters Outbuilding Ownership Type Fee Simple Property Sub Type Hotel Motel Property Sub Type Additional Multi Family Investment Public Survey Range 06 Public Survey Section 14 Public Survey Township 39 Road Frontage Type Town Road Road Surface Type Paved Sewer Public Sewer Tax Annual Amount 14253 Tax Year 2023 Township ON Minocqua Utilities High Speed Internet Connected View Water View YN Yes Water Source Public Waterfront Features Shoreline Sand Lake Front Waterfront YN Yes

Listing information © 2024 Northwoods Association of REALTORS® & Greater Northwoods MLS.
Listing provided courtesy of Pat Van Hefty of REDMAN REALTY GROUP, LLC: (715)358-0450.



© 2024 Northwoods Association of REALTORS® & Greater Northwoods MLS. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or Dream North Real Estate, eXp Realty, LLC. Data last updated: 2024-06-18T00:07:36.457.
 
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Dream North Real Estate, eXp Realty, LLC
7750 US Hwy 51, Suite C
Minocqua WI, 54548