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Turnkey Retail Shop with Repair Services

824 HWY 51 Minocqua, WI 54548

824 HWY 51, Minocqua, WI, 54548
$997,000
For Sale
$997,000

COMMERCIAL - Minocqua, WI

Lot Size0.41 Acres
Days on Market99

Property Features for 824 HWY 51

General Information

Property type
Commercial Sale
Property subtype
Other
Standard status
Active
APN
01601-2205-0002
Lot size
0.41 Acres

Taxes and HOA fees

Tax Year
2025
Tax Description
PT G L 2 .40CA/-SA SEE SM B900
Tax Annual Amount
1985

Utilities

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

Building Details

Floors in Building
1
Flooring type
Carpet
Building materials
Frame, LogSiding
Roof type
Rubber, Rolled Hot Mop
Listing agency REDMAN REALTY GROUP, LLC
Listed by PETER NICOL · License #86718 - 94
Added: Apr 15 Updated: Jul 13 at 12:58PM Checked: Jul 22 at 10:06PM
MLS# 216514

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 turnkey retail opportunity features a long-established sporting goods shop operated for over 25 years. The business is centered on bait and tackle retail and includes additional income streams such as a trolling motor repair service and guided fishing trips. The operation is staffed with experienced, knowledgeable employees and offers a solid foundation built on long-term customer relationships and product sourcing from leading manufacturers and wholesalers. Public remarks also note the shop has been recognized as a top bait and tackle destination in the region, including a stated #5 ranking in the state by Outside Magazine.

The property is located at 824 HWY 51 in Minocqua, Wisconsin, with frontage on Mill Pond. The location is described as providing excellent visibility and steady traffic, supporting a traditional stop for both locals and visitors.

Offered as a ready-for-new-ownership business and retail site, this presents a straightforward transition for qualified buyers seeking an operating retail concept with established services already in place.

Key Highlights

  • Lakefront property with Mill Pond frontage and located on busy Hwy 51
  • Kurt’s Island Sport Shop has operated for 25+ years serving anglers in the Minocqua area
  • Business includes multiple income streams: trolling motor repair service and guided fishing trips

Property Analytics

Property Profile Location Intelligence

Current Use by Public Records

Kurt's Island Sport ... (Bike/Boat/Book/etc) Store

Suggested Use

HVAC Service Storage Facility Furniture & Home Goods Kitchen & Bath Showroom Hair Salon Home Appliance Store Plumbing Service Grocery & Convenience Store Garden Center Nail Salon

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

FAQs

What type of property is this?
Retail space - Sporting goods retail with on-site trolling motor repair and guided fishing trips, positioned for strong seasonal demand.
Where is this retail space located?
The property is located at 824 HWY 51 Minocqua, WI.
What is the asking price?
The asking price for this property is $997,000.
What are key features of this property?
This property features: Lakefront property with Mill Pond frontage and located on busy Hwy 51; Kurt’s Island Sport Shop has operated for 25+ years serving anglers in the Minocqua area; Business includes multiple income streams: trolling motor repair service and guided fishing trips
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