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About This Home
This 15-bedroom, 12-bathroom commercial at 317 PARK AVE E in Minocqua, WI is listed for $4,950,000. Built in 1906, on a 1.04 acres lot.
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 & 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.
Key Features
- Built in 1906
- 1.04 acre lot
- 3 stories
- Waterfront
Property Details
Amenities
Monthly Cost Estimate
$26,474/mo
20% down · 6.5% · 30 years
Estimates only. Actual payments may vary.
Location
317 PARK AVE E
Minocqua, WI 54548
Features & Amenities
Exterior Features
Property Details
Flooring
Construction
Views
Parking
Heating
Cooling
Questions & Answers
This 15-bedroom, 12-bathroom commercial at 317 PARK AVE E is listed at $4,950,000. The estimated monthly payment is $21,450 based on 20% down at 6.5% interest.
Key features include: Built in 1906, 1.04 acre lot, 3 stories, Waterfront. Exterior Features: Landscaping.
This property is listed by PAT VAN HEFTY and can be reached at 7158920298 or Pat@RedmanRealtyGroup.com.