Turnkey Retail Shop with Repair
For Sale
$997,000
824 HWY 51, Minocqua, WI 54548
COMMERCIAL - Minocqua, WI
Property SizeContact for details
Lot Size0.41 Acres
Days on Market113
Property Features for 824 HWY 51
General Information
Property type
Commercial Sale
Property subtype
Other
Lot features
Lake Front
Directions
On HWY 51 North side of Minocqua
Standard status
Active
APN
01601-2205-0002
Lot size
0.41 Acres
Taxes and HOA fees
Tax Year
2025
Tax Description
PT G L 2 .40CA/-SA SEE SM B900
Tax Annual Amount
1985
Legal Description
PT G L 2 .40CA/-SA SEE SM B900
Utilities
Sewer type
Public Sewer
Heating system
Forced Air, Natural Gas, Electric (Heating)
Cooling system
Central Air
Water source
Public
Water front features
Lake Front
Water front
1
Building Details
Floors in Building
1
Flooring type
Carpet
Building materials
Frame, LogSiding
Roof type
Rubber, Rolled Hot Mop
Listing Agency:
REDMAN REALTY GROUP, LLC
(715) 358-0450
Listed By:
PETER NICOL · License #86718 - 94
(309) 645-4624
Added: Apr 15
Changed: Aug 4
Last Checked: Aug 5 at 10:06AM
MLS# 216514
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 turnkey retail opportunity features a long-established sporting goods shop operated for over 25 years. The business is centered on bait and tackle retail and includes additional income streams such as a trolling motor repair service and guided fishing trips. The operation is staffed with experienced, knowledgeable employees and offers a solid foundation built on long-term customer relationships and product sourcing from leading manufacturers and wholesalers. Public remarks also note the shop has been recognized as a top bait and tackle destination in the region, including a stated #5 ranking in the state by Outside Magazine.
The property is located at 824 HWY 51 in Minocqua, Wisconsin, with frontage on Mill Pond. The location is described as providing excellent visibility and steady traffic, supporting a traditional stop for both locals and visitors.
Offered as a ready-for-new-ownership business and retail site, this presents a straightforward transition for qualified buyers seeking an operating retail concept with established services already in place.
The property is located at 824 HWY 51 in Minocqua, Wisconsin, with frontage on Mill Pond. The location is described as providing excellent visibility and steady traffic, supporting a traditional stop for both locals and visitors.
Offered as a ready-for-new-ownership business and retail site, this presents a straightforward transition for qualified buyers seeking an operating retail concept with established services already in place.
Key Highlights
- Lakefront property with Mill Pond frontage and located on busy Hwy 51
- Kurt’s Island Sport Shop has operated for 25+ years serving anglers in the Minocqua area
- Business includes multiple income streams: trolling motor repair service and guided fishing trips
Property Analytics
Property Profile
Current Use
Lease Details
Turnkey business
Opportunity
Location Intelligence
Trade Area within ½ mile
36
Businesses Nearby
Explore this area
Business Placement
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
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Retail space - Sporting goods retail with on-site trolling motor repair and guided fishing trips, positioned for strong seasonal demand.
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: Lakefront property with Mill Pond frontage and located on busy Hwy 51; Kurt’s Island Sport Shop has operated for 25+ years serving anglers in the Minocqua area; Business includes multiple income streams: trolling motor repair service and guided fishing trips
