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Waterfront Conventional Restaurant
For Sale
$449,900

1520 CTH F, Minocqua, WI 54548

CommercialSale, Minocqua, WI

Property SizeContact for details
Lot Size0.09 Acres
Days on Market645

Property Features for 1520 CTH F

General Information

Property type Commercial Sale
Property subtype Other
Bedrooms 3
Rooms Bedroom 1, Bedroom 2, Bedroom 3
Parking features Paved or Surfaced, Special Needs
Lot features Lake Front
Directions From Minocqua go North on 51 to Left on Hwy.47 to Left on Hwy. F to 1520 CHY. F
Standard status Active
APN 10-1838-28
Lot size 0.09 Acres

Taxes and HOA fees

Tax Year 2025
Tax Description UNIT 8 TWIN PINES CONDO
Tax Annual Amount 3669
Legal Description UNIT 8 TWIN PINES CONDO

Utilities

Heating system Forced Air, Propane (Heating), Electric (Heating)
Water source Well
Water front features Lake Front
Water front 1

Amenities

boat launch
handicap accessible entrance
garage

Building Details

Year built 1940
Floors in Building 1
Flooring type Carpet, Vinyl
Building materials Frame, WoodSiding
Roof type Composition, Shingle
Additional Structures Outbuilding
Listing Agency: RE/MAX PROPERTY PROS - MINOCQUA · RE/MAX International
Listed By: NEIL PLUISTER · License #50686-090
Added: Jan 7, 2025 Changed: Sep 30 Last Checked: Oct 14 at 3:06AM
MLS# 210292

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.

Lake Placid Inn is a conventional restaurant and bar with a 32-by-16-foot bar area, 15 barstools, and an open dining room measuring nearly 1,000 square feet. The layout includes five booths, seven tables, a 288-square-foot kitchen, a 260-square-foot prep area, and a 10-by-9-foot walk-in freezer. Kitchen equipment includes two flat-tops, a commercial stove and oven, three-door coolers, two commercial refrigerators, and a newer ice machine.

The property includes a partial basement, rear living quarters, a 42-by-34-foot garage, paved parking, and a handicap-accessible entrance. Building improvements include a roof installed in 2024 and a septic system installed in 2021. The site also provides a boat launch and 47 feet of lake frontage on Twin Placid, part of the Fence Lake Chain. Water is supplied by a well, and the building was constructed in 1940.

Key Highlights

  • 47 feet of lake frontage on Twin Placid, part of the Fence Lake Chain
  • Boat launch included with the property
  • 32' x 16' bar area with 15 barstools

Property Analytics

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Current Use

Conventional restaurants

Location Intelligence

Trade Area within ½ mile

11
Businesses Nearby
Well-served
Demand for This Use

Demographics for 54548, WI

5,406
Population
5,096
Households
1.1
Avg Household Size
56
Median Age
36%
College-Educated
96%
High-School Grad
99.0 sq mi
ZIP Area
55
Density / Sq Mi
$69,784
Median Household Income
$42,378
Median Earnings
$935
Median Rent
$307,700
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
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Market

Vacancy Rate% for Retail in Midwest region

8% 2020
7.3% 2021
6.5% 2022
6% 2023
5.7% 2024
6.3% 2025
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Frequently Asked Questions

What type of property is this?
Conventional restaurant - Established restaurant with lake frontage, boat launch, and an equipped commercial kitchen.
Where is this conventional restaurant located?
The property is located at 1520 CTH F Minocqua, WI.
What is the asking price?
The asking price for this property is $449,900.
What are key features of this property?
This property features: 47 feet of lake frontage on Twin Placid, part of the Fence Lake Chain; Boat launch included with the property; 32' x 16' bar area with 15 barstools
More about this property
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