4-Building Mixed-Use
For Sale
Under Contract
$699,900
5611 HWY 51, Hazelhurst, WI 54531
CommercialSale, Hazelhurst, WI
Property SizeContact for details
Lot Size6.18 Acres
Days on Market361
Property Features for 5611 HWY 51
General Information
Property type
Commercial Sale
Property subtype
Office
Directions
From Downtown Minocqua, go south on Hwy 51 10 miles to property on the West side of Hwy.
Standard status
Active Under Contract
APN
HA-483-1
Lot size
6.18 Acres
Taxes and HOA fees
Tax Year
2024
Tax Description
Doc 816307/796554 PT SW NE, LYING W OF HWY 51 6.18CA EXC PCL 37 TPP #1177-11-22- 4.15 (DOC 751992) SEE SM A2476 T38N R6E S 34
Tax Annual Amount
1222
Legal Description
Doc 816307/796554 PT SW NE, LYING W OF HWY 51 6.18CA EXC PCL 37 TPP #1177-11-22- 4.15 (DOC 751992) SEE SM A2476 T38N R6E S 34
Building Details
Building materials
Frame
Listing Agency:
REDMAN REALTY GROUP, LLC
(715) 358-0450
Listed By:
GUY POLACEK
(561) 758-6769
Added: Sep 12, 2025
Changed: Aug 26
Last Checked: Sep 7 at 6:06AM
MLS# 214260
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.
Investment Insights
Based on property information with market context.
This mixed-use property includes four separate frame buildings totaling more than 10,000 square feet under roof. The site also contains a five-bedroom apartment, while numerous upgrades have already been completed. Additional work remains, and the property is offered in its existing condition.
The 6.18-acre parcel fronts Highway 51 for 575 feet, providing a substantial roadside presence. The improvements include the former Playhouse and related buildings, creating a multi-structure configuration suited to a range of future concepts. The property combines land, multiple buildings, and residential accommodation within one holding.
The 6.18-acre parcel fronts Highway 51 for 575 feet, providing a substantial roadside presence. The improvements include the former Playhouse and related buildings, creating a multi-structure configuration suited to a range of future concepts. The property combines land, multiple buildings, and residential accommodation within one holding.
Key Highlights
- 6.18‑acre mixed‑use property with 575 feet of frontage on Hwy 51
- Four separate frame buildings with more than 10,000 square feet under roof
- On‑site five‑bedroom apartment
Property Analytics
Property Profile
Current Use
Lease Details
Yes
Highway access
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
5
Businesses Nearby
Explore this area
Business Placement
Demographics for 54531, WI
1,479
Population
1,546
Households
1
Avg Household Size
57
Median Age
34%
College-Educated
95%
High-School Grad
64.3 sq mi
ZIP Area
23
Density / Sq Mi
$80,000
Median Household Income
$37,000
Median Earnings
$1,045
Median Rent
$322,600
Median Home Value
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Mixed-use property - Four-building commercial property with an on-site five-bedroom apartment and multiple completed upgrades.
Where is this mixed-use property located?
The property is located at 5611 HWY 51 Hazelhurst, WI.
What is the asking price?
The asking price for this property is $699,900.
What are key features of this property?
This property features: 6.18‑acre mixed‑use property with 575 feet of frontage on Hwy 51; Four separate frame buildings with more than 10,000 square feet under roof; On‑site five‑bedroom apartment
