8528 HWY 51 Minocqua, WI 54548
COMMERCIAL - Minocqua, WI
Property Features for 8528 HWY 51
General Information
- Property type
- Commercial Sale
- Property subtype
- Retail
- Bathrooms
- 1
- Rooms
- Bathroom 1
- Interior features
- Storage
- Exterior features
- HandicapAccessible
- Accessibility
- Accessible Approach with Ramp
- Standard status
- Active
- APN
- 01601-2179-0040
- Lot size
- 0.20 Acres
Taxes and HOA fees
- Tax Year
- 2025
- Tax Description
- PT G.L. 6 .22CA/.22SA SM B1785 EXC HWY V577-368 EXC TRANS PROJ PLAT #1174-10-21-4.06 PCL 206 (DOC #723243)
- Tax Annual Amount
- 1799
Utilities
- Sewer type
- Public Sewer
- Heating system
- Forced Air, Natural Gas
- Cooling system
- Central Air
- Water source
- Public
Building Details
- Year built
- 1970
- Floors in Building
- 1
- Flooring type
- Mixed
- Building materials
- Frame, Stucco
- Additional Structures
- Storage
Listing agent CHRISTOPHER NOR License #95646 - 94 (847) 571-4348
Listing office REDMAN REALTY GROUP, LLC 231 Oneida St PO Box 1287, Minocqua, WI (715) 358-0450
Listing date Feb 23, 2026
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.
The property is described as offering high visibility from four lanes of traffic and views associated with Minocqua lake. Outside, there is an approximately 2,000 SF grass courtyard tucked within the grounds but off the highway, along with 6–7 private parking spots for guest convenience. The address is 8528 HWY 51, Minocqua, WI 54548.
Key Highlights
- High visibility location on four lanes of traffic and near Minocqua Lake.
- Flexible zoning and building layout suitable for retail, coffee shop, restaurant, or other business.
- Large ~2,000 square foot grass courtyard ideal for outdoor dining or recreation.
Local Financial Insights For Specialty Retail
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $46.8k | $18.00 |
| − Vacancy | −$1.2k | −$0.47 |
| EGI | $45.6k | $17.53 |
| − OpEx | −$11.4k | −$4.38 |
| NOI | $34.2k | $13.15 |
