Add Listing
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    Back to Search
    Prime Commercial Land in Minocqua Title is generated by Realmo AI

    300 FRONT ST E, Minocqua, WI 54548

    View on Map
    Claim this Listing
    For Sale
    $1,500,000

    COMMERCIAL - Minocqua, WI

    Lot size:
    1.02 Acres
    Added:
    Oct 20, 2025
    Days on Market:
    230
    Last Refresh:
    Jun 6 at 5:06 am

    Property Features for 300 FRONT ST E

    General Information

    Property type
    Commercial Sale
    Property subtype
    Other
    Bathrooms
    2
    Rooms
    Bathroom 1, Bathroom 2
    Parking features
    Paved or Surfaced, Driveway
    Standard status
    Active
    APN
    MI-2205-9
    Lot size
    1.02 Acres

    Taxes and HOA fees

    Tax Year
    2025
    Tax Description
    PT GL 2NKA LOT 1 CSM V23 P4854SEE DOCS 819045 & 819046 FOR DEEDS/OWNERSHIP
    Tax Annual Amount
    9096

    Utilities

    Sewer type
    Public Sewer
    Heating system
    Natural Gas, Forced Air
    Cooling system
    Central Air
    Water source
    Public

    Building Details

    Year built
    1983
    Floors in Building
    1
    Number of units
    1
    Flooring type
    Tile
    Building materials
    Brick, Frame, VinylSiding
    Roof type
    Rubber, Metal

    We can help!

    Listing Contact
    ADAM REDMAN
    ADAM REDMAN

    Listing agent ADAM REDMAN License #56355 - 90

    Listing office REDMAN REALTY GROUP, LLC 231 Oneida St PO Box 1287, Minocqua, WI

    Listing date Oct 20, 2025

    MLS# 214763

    Copyright © 2026 Greater Northwoods MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    HighLights

    • Prime 1.02‑acre commercial land in downtown Minocqua.
    • High visibility location with over 18,000 cars per day.
    • Unrivaled pedestrian traffic at the main intersection with the only stoplight.
    • Most accommodating B‑1 zoning.
    • Spacious blacktop parking area with 3 access points.
    • Level, cleared land suitable for expansive build‑out or subdivision.

    Overview

    This 1.02-acre commercial land is located in the heart of Minocqua. The property benefits from high visibility, with over 18,000 cars passing by daily, and significant pedestrian traffic. Situated at the main intersection with the only stoplight in downtown Minocqua, the site is zoned B-1, the most accommodating zoning district in Minocqua. The existing lease with Los Portales Mexican Restaurant is in effect through November 2026. Originally built in 1983 as a Dairy Queen, the building previously featured a drive-through. The property includes a spacious blacktop parking area and three access points. The level, cleared, open space allows for a substantial build-out. A preliminary map for potential subdivision is available. Nearby attractions include Torpy Park, Bearskin trailhead, Veteran's Park, Min-Aqua Bat Ski Shows, and the Campanile Center.
    Property Profile Location Intelligence

    Current Use by Public Records

    Los Portales Restaurant

    Suggested Use

    Restaurant Real Estate Agency Law Firm Building Supply Dental Office Spa & Massage Center Auto Repair Shop Hair Salon Gym & Fitness Center Auto Parts Store

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Minocqua
    County
    Oneida
    State
    Wisconsin
    Longitude
    -89.7096866
    Latitude
    45.871709

    Nearby Similar for Sale

    • $399,900
      2,600 SF

      Prime Retail Space in Minocqua

      High-visibility commercial building in Minocqua's historic Boardwalk Shops.
      8528 HWY 51, Minocqua, WI 54548
      View Details
    • $997,000

      Established Bait and Tackle Shop

      Thriving Northwoods business with loyal customer base and multiple income streams.
      824 HWY 51, Minocqua, WI 54548
      View Details
    • $659,900
      4,440 SF

      Minocqua Commercial Opportunity For Sale

      Prime office space with excellent highway exposure in Minocqua, WI.
      9559 BOLGER LAKE RD, Minocqua, WI 54548
      View Details
    • $350,000

      Renovated Commercial Building on Highway

      Charming, renovated commercial building with high highway exposure.
      7601 HWY 51, Minocqua, WI 54548
      View Details
    • $4,500,000

      Minocqua Waterfront Resort Investment

      Unique commercial investment opportunity on Lake Minocqua with redevelopment potential.
      317 PARK AVE E, Minocqua, WI 54548
      View Details
    • $1,399,000

      Bowling Center with Lounge & Restaurant

      Established bowling center with lounge and restaurant on Hwy 51.
      8085 HWY 51, Minocqua, WI 54548
      View Details
    • $249,000

      Prime Commercial Land Opportunity

      1.82 acre commercial land in growing Minocqua, Wisconsin.
      2 Lots PLAZA DR, Minocqua, WI 54548
      View Details
    • $299,900

      US Highway Retail and Showroom Building

      High-visibility building with extensive US Hwy 51 frontage, showroom space, and back parking with a deliver door.
      8621 HWY 51, Minocqua, WI 54548
      View Details
    • $74,900

      Wooded Lot in Minocqua, WI

      Vacant 1.161-acre wooded lot near Minocqua's amenities.
      9276 BLACK PINE LN, Minocqua, WI 54548
      View Details
    • $1,250,000

      Prime Commercial Location in Minocqua

      High-traffic location near Hwy 51 and Hwy 70 in Minocqua.
      8700 HWY 51, Minocqua, WI 54548
      View Details
    • $1,250,000

      COMMERCIAL - Minocqua, WI

      Commercial property in high-traffic location near Hwy 51 and Hwy 70.
      8700 Hwy 51, Minocqua, WI 54548
      View Details
    • $699,900
      999 SF

      Established Restaurant & Bar For Sale

      Well-known restaurant and bar with lake frontage and boat launch.
      1520 County Highway F, Minocqua, WI 54548
      View Details

    FAQs

    What type of property is this?
    Commercial land - Sought-after 1.02-acre commercial land in the heart of Minocqua.
    Where is this commercial land located?
    The property is located at 300 FRONT ST E Minocqua, WI.
    What is the asking price?
    The asking price for this property is $1,500,000.
    What are key features of this property?
    This property features: Prime 1.02‑acre commercial land in downtown Minocqua.; High visibility location with over 18,000 cars per day.; Unrivaled pedestrian traffic at the main intersection with the only stoplight.
    (715) 892-7325
    We can help!
    Listing Contact
    ADAM REDMAN
    ADAM REDMAN
    Real Estate License ID: 56355 - 90
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Thank You for Inquiry
    300 FRONT ST E, Minocqua, WI 54548
    letter with green check mark
    Check your email
    We sent you the
    agent's contact details. yellow underline
    Can't find it?
    Please check your junk/spam folder.
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!