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    317 Park Ave E Minocqua, WI 54548

    For Sale
    $4,950,000

    COMMERCIAL - Minocqua, WI

    Lot size:
    1.04 Acres
    Days on Market:
    158
    Last Refresh:
    Dec 13 at 10:06 am

    Property Features for 317 Park Ave E

    General Information

    Property type
    Commercial Sale
    Property subtype
    Other
    Standard status
    Active
    Rooms
    Bedroom 5, Bedroom 6, Bedroom 12, Bedroom 2, Bedroom 13, Bedroom 1, Bedroom 17, Bedroom 4, Bedroom 7, Bedroom 10, Bedroom 15, Bedroom 8, Bedroom 11, Bedroom 3, Bedroom 16, Bedroom 14, Bedroom 9
    Bedrooms
    17
    APN
    MI-3415 & MI-3414
    Parking features
    Paved or Surfaced, Driveway
    Exterior features
    Landscaping
    Lot size
    1.04 Acres

    Utilities

    Sewer type
    Public Sewer
    Heating system
    Electric (Heating), Natural Gas, Baseboard, Forced Air
    Cooling system
    Window Unit(s), Central Air
    Water source
    Public
    Water front features
    Lake Front
    Water front
    1

    Building Details

    Year built
    1906
    Floors in Building
    3
    Number of units
    13
    Flooring type
    Vinyl, Laminate, Wood, Carpet
    Building materials
    Frame, Stucco, WoodSiding
    Roof type
    Composition, Shingle
    Additional Structures
    Outbuilding

    Redman Realty Group, LLC (715) 358-0450 [email protected]

    Listing agent PAT VAN HEFTY (715) 892-0298 License #49511 - 90

    Listing date Jul 9, 2025

    MLS# 210893 Listing URL

    Copyright © 2025 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.

    Overview

    Waterfront Resort Investment Opportunity

    This unique commercial investment opportunity is located in downtown Minocqua. Schlecht's Resort, family owned and operated for 3 generations, features a historic home with a grand entrance, stained glass, and preserved wood details. The property includes 4 waterfront cottages, 6 kitchenette units, a duplex, and 2 permanent piers, all situated on 343 feet of sand frontage with southern exposure on Lake Minocqua. The location is within walking distance to shopping, dining, and nightlife. The resort presents an ideal investment opportunity due to its history and rental track record. The property also offers redevelopment potential, allowing for various options based on a new owner's vision. Favorable zoning supports its continuation as a commercial endeavor, resort, condominiums, or marina.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Schlecht Cottages Cottage

    Suggested Use

    Restaurant Realty agency Law Firm Building Supply Spa & Massage Auto Repair Shop Hair Salon Gym & Fitness Auto Parts Store Nail Salon

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

    Location Insight

    • Map
    • Local Demand
    City
    Minocqua
    County
    Oneida
    State
    Wisconsin
    Longitude
    -89.70842611
    Latitude
    45.86776488

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    FAQs

    What type of property is this?
    Resort - Unique commercial investment opportunity on Lake Minocqua with redevelopment potential.
    Where is this resort located?
    The property is located at 317 Park Ave E Minocqua, WI.
    What is the asking price?
    The asking price for this property is $4,950,000.
    What are key features of this property?
    This property features: - 343' of sandy lake frontage with desirable southern exposure on Lake Minocqua; - Prime downtown Minocqua location, walk to shops, restaurants, and entertainment; - Established resort with a rich history and proven rental income
    (715) 892-0298
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    Realmo Value Estimation

    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

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    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.

    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
    317 Park Ave E Minocqua, WI 54548
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