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    8700 Hwy, Unit 51 Minocqua, WI 54548

    Under Contract
    For Sale
    $1,250,000

    COMMERCIAL - Minocqua, WI

    Lot size:
    1.61 Acres
    Days on Market:
    32
    Last Refresh:
    Dec 14 at 12:06 am

    Property Features for 8700 Hwy

    General Information

    Property type
    Commercial Sale
    Property subtype
    Other
    Standard status
    Active Under Contract
    Rooms
    Bathroom 3, Bathroom 1, Bathroom 2
    Bathrooms
    3
    APN
    MI-2170-2A, MI-2171-14
    Parking features
    Special Needs, Driveway
    Exterior features
    HandicapAccessible, SprinklerIrrigation
    Accessibility
    Accessible Approach with Ramp
    Lot size
    1.61 Acres

    Utilities

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

    Building Details

    Year built
    2010
    Floors in Building
    1
    Flooring type
    Tile, Mixed
    Building materials
    Frame, Stucco
    Roof type
    Rubber, Tile

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

    Listing agent ADAM REDMAN (715) 892-7325 License #56355 - 90

    Listing date Nov 13, 2025

    MLS# 213665 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

    Prime Commercial Location in Minocqua

    This commercial property is located at a stop light intersection on US Hwy 51 N and State Hwy 70 W, identified as one of the most desirable business sites in The Northwoods. The location experiences high traffic, with over 18,100 vehicles per day. The property is adjacent to a Kwik-Trip and near Starbucks, Taco Bell, McDonalds, Lakeland Union High School, and hospitals. The existing tenant, El Tarasco Restaurant, has occupied the building since 2018 under a triple net lease. Constructed in 2010, the building includes spacious dining and kitchen areas, as well as a covered outdoor patio. The property has ample paved parking with over 59 spaces. It includes a full liquor license. Excellent business signage is in place. The property consists of 1.61 acres across two parcels, with nearly 250 feet of frontage on US Hwy 51 N. The area has experienced significant commercial growth, increasing its long-term investment appeal.
    Location Intelligence

    Current Use by Public Records

    Restaurants

    Map

    City
    Minocqua
    County
    Oneida
    State
    Wisconsin
    Longitude
    -89.70313486
    Latitude
    45.88735554

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    FAQs

    What type of property is this?
    Restaurant - High-traffic location near Hwy 51 and Hwy 70 in Minocqua.
    Where is this restaurant located?
    The property is located at 8700 Hwy, Unit 51 Minocqua, WI.
    What is the asking price?
    The asking price for this property is $1,250,000.
    What are key features of this property?
    This property features: - Prime location at the busiest intersection in Minocqua (US Hwy 51 N and State Hwy 70 W) with high traffic volume.; - Strong tenant in place (El Tarasco Restaurant since 2018) on a triple net lease, providing immediate income.; - Excellent visibility and accessibility with ample paved parking (59+ spots) and significant frontage on US Hwy 51 N (nearly 250').
    (715) 892-7325
    Request Owner's contact information
    8700 Hwy, Unit 51 Minocqua, WI 54548
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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

    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.

    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
    8700 Hwy, Unit 51 Minocqua, WI 54548
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