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Established Bait and Tackle Retail Space
For Sale
$997,000

824 Hwy 51, Minocqua, WI 54548

Long-running sporting-goods business with repair services, guided trips, and a customer base serving local and visiting anglers.

Property Size2,376 SF
Days on Market131

Property Features for 824 Hwy 51

General Information

Standard status Active
Size 2,376 SF
Property subtype Commercial

Additional Details

Business Included Yes

Taxes and HOA fees

Annual Taxes $1,985

Building Details

Building Size 2,376 SF
Listing Agency: Redman Realty Group, LLC
Listed By: Peter Nicol · License #86718 - 94
Source: Northwoodswi
Added: Apr 15 Changed: Aug 22 Last Checked: Aug 22 at 12:46PM

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.

This retail property includes an established bait and tackle operation with more than 25 years of operating history. The business carries premium tackle lines and maintains relationships with manufacturers and wholesalers. Additional services include trolling motor repair and guided fishing trips, creating several distinct business activities within the operation. Experienced employees are in place to support day-to-day operations.

The property is located at 824 Hwy 51 in Minocqua, Wisconsin, with frontage on Mill Pond and visibility from the highway. Outside Magazine ranked the shop fifth in Wisconsin, and the business serves both local customers and visitors to the Minocqua area.

Key Highlights

  • More than 25 years of operating history
  • Bait and tackle retail business with premium tackle lines
  • Trolling motor repair service and guided fishing trips

Property Analytics

Current Use

Kurt's Island Sport ... (Bike/Boat/Book/etc) Store

Suggested Use

Top Pick HVAC Service Storage Facility Furniture & Home Goods Kitchen & Bath Showroom Hair Salon Home Appliance Store

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

74
Businesses Nearby
4k
Monthly Visits Nearby

Foot Traffic Nearby

Shops & Services 100%
BP Shops & Services
3,565 visits/mo 0.3 miles

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

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?
Retail space - Long-running sporting-goods business with repair services, guided trips, and a customer base serving local and visiting anglers.
Where is this retail space located?
The property is located at 824 Hwy 51 Minocqua, WI.
What is the asking price?
The asking price for this property is $997,000.
What are key features of this property?
This property features: More than 25 years of operating history; Bait and tackle retail business with premium tackle lines; Trolling motor repair service and guided fishing trips
More about this property
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