7601 US-51 Minocqua, WI 54548
Charming, renovated commercial building with US Hwy 51 frontage.
Property Features for 7601 US-51
General Information
- Standard status
- Active
- Size
- 1,525 SF
- Lot size
- 0.75 Acres
- Property subtype
- Retail, Office
Listing office Redman Realty Group, LLC
Listing date Mar 12, 2026
Source Crexi
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 Redman Realty Group, LLC
Investment Insights
Based on property information with market context.
Key Highlights
- Exceptional US Hwy 51 exposure with 166' frontage and direct ingress/egress access.
- Completely renovated commercial building featuring 3 offices, conference room/reception area, kitchen, and full bath.
- Significant and visible business sign on Hwy 51.
Local Financial Insights For 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 | $20.1k | $13.20 |
| − Vacancy | −$523 | −$0.34 |
| EGI | $19.6k | $12.86 |
| − OpEx | −$5.9k | −$3.86 |
| NOI | $13.7k | $9.00 |
