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NNN Restaurant with Covered Patio

8700 HWY 51 Minocqua, WI 54548

8700 HWY 51, Minocqua, WI, 54548
$1,250,000
For Sale
Claim this Listing
$1,250,000

COMMERCIAL - Minocqua, WI

Lot Size1.61 Acres
AddedAug 6, 2025
Days on Market345
Last RefreshJul 16 at 12:06 am

Property Features for 8700 HWY 51

General Information

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

Taxes and HOA fees

Tax Year
2025
Tax Description
Doc 654606/654605 PT NW NE & SW NE 1.62SA NKA LOT 1 CSM V17 P3787 and Outlot 1 (CSM 481)
Tax Annual Amount
6638

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
Mixed, Tile
Building materials
Frame, Stucco
Roof type
Tile, Rubber

Listing agent ADAM REDMAN License #56355 - 90

Listing office REDMAN REALTY GROUP, LLC 231 Oneida St PO Box 1287, Minocqua, WI

Listing date Aug 6, 2025

MLS# 213665 Listing URL

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 net-lease restaurant property features a building constructed in 2010 with spacious dining and kitchen areas, plus a covered patio for outdoor dining. The existing tenant, El Tarasco Restaurant, has occupied the building since 2018 on a triple net lease. The property also includes a full liquor license with the real estate, along with excellent business signage.

Located at the stoplight intersection of US Hwy 51 N and State Hwy 70 W, the site benefits from visibility along Minocqua’s busiest corridor, with 18,100+ vehicles per day reported for the intersection. The property is adjacent to Minocqua’s only Kwik-Trip and neighboring Starbucks, Taco Bell, and McDonald’s, and is near Lakeland Union High School and local hospitals.

The site offers ample paved parking with 59+ spaces and totals 1.61 acres between two parcels, with nearly 250' of US Hwy 51 N frontage.

Key Highlights

  • Commercial property at the stoplight intersection of US Hwy 51 N and State Hwy 70 W in Minocqua
  • Nearly 250' of US Hwy 51 N frontage plus 1.61 acres between two parcels
  • 2010 newly constructed building with spacious dining and kitchen areas and a covered patio

Property Analytics

Property Profile Location Intelligence

Current Use by Public Records

Conventional restaurants

Suggested Use

Parking Lot & Garage HVAC Service (Bike/Boat/Book/etc) Store Locksmith (Bike/Boat/Book/etc) Store Carpet & Flooring Store (Bike/Boat/Book/etc) Store Electrical Service Storage Facility Pet Grooming Service

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

FAQs

What type of property is this?
Conventional restaurant - Net-lease restaurant built in 2010 with spacious dining, kitchen areas, and a covered patio.
Where is this conventional restaurant located?
The property is located at 8700 HWY 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: Commercial property at the stoplight intersection of US Hwy 51 N and State Hwy 70 W in Minocqua; Nearly 250' of US Hwy 51 N frontage plus 1.61 acres between two parcels; 2010 newly constructed building with spacious dining and kitchen areas and a covered patio
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