8700 HWY 51 new

Minocqua,WI 54548

$ 1250000

0 Bed

3 Baths

4428 SqFt


Key Details

Property Type Commercial

Sub Type Business

Listing Status Active

Purchase Type For Sale

Square Footage 4,428 sqft

Price per Sqft $282

MLS Listing ID 213665

Half Baths 3

Year Built 2010

Annual Tax Amount $6,490

Tax Year 2024

Lot Size 1.610 Acres

Property Sub-Type Business

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. 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.

Location

State WI

County Oneida

Community Sidewalks,Trails/Paths

Interior

Heating Forced Air,Natural Gas

Cooling Central Air

Flooring Mixed,Tile

Inclusions Real Estate Only

Exterior

Exterior Feature Handicap Accessible,Sprinkler/Irrigation

Parking Features Handicap,Paved,Private,Driveway,Shared Driveway

Community Features Sidewalks,Trails/Paths

Utilities Available Cable Available,Phone Available

Roof Type Rubber,Tile

Building

Lot Description Level

Story 1

Sewer Public Sewer

Water Public

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