Building Details

Building Size 4,010 SF

Listing Agency: Lasier Realty, Inc. Show Phone

Listed By: Corbin Lasier

Source: Integrityrealtorsllc

Added: Oct 22 Changed: Oct 25 Last Checked: Oct 24 at 2:53PM

Report an Issue

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Lasier Realty, Inc.

Ask AI about this property

Review the available facts, identify missing information and prepare questions for the agent.

What should I ask the agent before proceeding? What information is missing from this listing?

Investment Insights

Based on property information with market context.

This mixed-use property comprises two parcels with a restaurant, garage, and residential space. A three-bedroom apartment sits above the restaurant, while a separate one-bedroom cabin provides additional accommodation. The second parcel contains a pole barn.

The property includes one acre with 157 feet of water frontage on Big Arbor Vitae Lake, plus a separate three-quarter-acre parcel. ATV and snowmobile trails are nearby, and the site is located minutes north of Minocqua in Woodruff, Wisconsin.

Key Highlights

• Restaurant and garage on a one‑acre parcel
• 157 feet of water frontage on Big Arbor Vitae Lake
• Three‑bedroom apartment above the restaurant

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr

$52,727

Cap Rate

5.55%

Suggested Prices Based on Cap Rates

Cap Rate 5%

$1,054,540 $1.1M

Cap Rate 7%

$753,243 $753.2K

Cap Rate 9%

$585,856 $585.9K

Is this asking price fair?

Market Conditions

NOI Build-Up for 4,010 SF

Gross rent

$72.2K $18.00/SF

− Vacancy

−$1.9K −$0.47/SF

EGI

$70.3K $17.53/SF

− OpEx

−$17.6K −$4.38/SF

NOI

$52.7K $13.15/SF

Area

Oneida County, WI

Vacancy

2.60%

Lease Rate

$18.00 /SF/Yr

Expense Ratio

25.00%

Simulate Cap Rate and NOI

Suggested Prices Based on Cap Rates

Cap Rate 5%

$1,054,540

Cap Rate 7%

$753,243

Cap Rate 9%

$585,856

Alternative Uses

Best Use

Specialty Retail

$753.2K

$659.1K – $878.8K (±1% cap)

NOI $52,727 @ 7.0% cap · market cap 5.55%

Second Best

Mixed Use

$422.3K

$369.5K – $492.6K (±1% cap)

NOI $29,558 @ 7.0% cap · market cap 3.11%

Theoretical Best

Industrial

$1.88M

$1.64M – $2.19M (±1% cap)

NOI $131,381 @ 7.0% cap · market cap 13.83%

Zoning and permitted uses should be independently verified with authorities. How Realmo checks its estimates

Property Analytics

Who owns this building? See the owner, sales and loan history

Open Analytics

Current Use

Four Seasons Resort ... Hotel & Motel

Suggested Use

Top Pick Electrical Service Storage Facility Real Estate Agency Bar & Pub Restaurant Hotel & Motel

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

Turnkey business

Opportunity

Location Intelligence

Trade Area within ½ mile

16

Businesses Nearby

Explore this area Business Placement

Demographics for 54568, WI

5,175

Population

3,855

Households

1.3

Avg Household Size

55

Median Age

36%

College-Educated

96%

High-School Grad

71.2 sq mi

ZIP Area

73

Density / Sq Mi

$71,944

Median Household Income

$45,337

Median Earnings

$791

Median Rent

$262,100

Median Home Value

Market

Vacancy Rate% for Retail in Midwest region

8% 2020

7.3% 2021

6.5% 2022

6% 2023

5.7% 2024

6.3% 2025

Similar For Sale Nearby

See more

Multi-Room Mixed-Use Building

728 ELM ST, Woodruff, WI 54568

$324,500

0.20 Acres

View details

Restaurant with Living Quarters

8803 State Highway 47 E, Woodruff, WI 54568

$684,900

View details

2-Unit Duplex with Garage

11525 Harmony Ln, Woodruff, WI 54568

$375,000

3,312 SF

View details

Four-Suite Storefront Property

1571 Hwy 51, Woodruff, WI 54568

$1,700,000

10,580 SF

View details

Grocery Retail Building with Greenhouse

727 Elm St, Woodruff, WI 54568

$350,000

1,455 SF

View details

Frequently Asked Questions

What type of property is this?

Mixed-use property - Restaurant, residential units, and a pole barn occupy two parcels along Big Arbor Vitae Lake.

Where is this mixed-use property located?

The property is located at 10338 Big Arbor Vitae Dr Woodruff, WI.

What is the asking price?

The asking price for this property is $949,999.

What are key features of this property?

This property features: Restaurant and garage on a one‑acre parcel; 157 feet of water frontage on Big Arbor Vitae Lake; Three‑bedroom apartment above the restaurant