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Lakefront Resort with Cabins

8971 THOROUGHFARE RD, Minocqua, WI 54548

For Sale
$3,100,000

CommercialSale, Minocqua, WI

Property SizeContact for details
Lot Size1.45 Acres
Days on Market151

Property Features for 8971 THOROUGHFARE RD

General Information

Property type Commercial Sale
Property subtype Other
Parking features Paved or Surfaced, Driveway
Exterior features Landscaping
Lot features Lake Front, Sloped, Wooded
Directions From Minocqua: South on 51 to (L) onto Country Club Rd. Stay (R) onto Thoroughfare Rd, Stay (R) to stay on Thoroughfare Rd to property on (R) at Davies Rd fork.
Standard status Active
APN MI-7427 through MI-7430
Lot size 1.45 Acres

Taxes and HOA fees

Tax Year 2025
Tax Description TOMAH RIDGE RESORT CONDO 1ST ADDM UNIT 4 & GARAGE UNIT 4
Tax Annual Amount 9045
Legal Description TOMAH RIDGE RESORT CONDO 1ST ADDM UNIT 4 & GARAGE UNIT 4

Utilities

Sewer type Shared Septic
Heating system Baseboard, Electric (Heating), Propane (Heating)
Cooling system Window Unit(s)
Water source Well
Water front features Lake Front
Water front 1

Amenities

sunroom
deck
three season room
game room
workshop
laundry room

Building Details

Number of units 4
Flooring type Wood, Vinyl, Carpet
Building materials Cedar, Frame, Stone
Roof type Shingle, Composition
Listing Agency: REDMAN REALTY GROUP, LLC
Listed By: ADAM REDMAN · License WI 56355-90
Added: Jun 16 Changed: Oct 25 Last Checked: Nov 13 at 11:06PM
MLS# 218009

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.

Rey
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Investment Insights

Based on property information with market context.

This lakefront resort property is configured as four condominiums and includes a two-story main home, three furnished cabins, and multiple docks. The main residence offers three bedrooms, two renovated bathrooms, a kitchen, lakeside sunroom, living room, deck, and three-season room. Additional improvements include a two-car garage with a game room, workshop, and laundry room, plus a newer three-car detached garage.

The property includes 338 feet of frontage on Tomahawk Lake in Minocqua, with a paved driveway leading to a sandy beach. Western-facing views extend across the lake toward state-owned shoreline. Cedar, frame, and stone construction, updated electrical, plumbing, and mechanical systems, landscaping, well water, and shared septic service are among the documented property features.

Key Highlights

  • 338 feet of Tomahawk Lake frontage with western views toward state‑owned shoreline
  • Currently configured as 4 condominiums across the entire property
  • Two‑story main home with 3 bedrooms and 2 renovated bathrooms

Property Analytics

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Current Use

Tomah Ridge Resort Hotel & Motel

Suggested Use

Top Pick Building Supply (Bike/Boat/Book/etc) Store Big Box & Wholesale Store Pharmacy Pet Grooming Service Grocery & Convenience 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.

Location Intelligence

Trade Area within ½ mile

13
Businesses Nearby

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
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Frequently Asked Questions

What type of property is this?
Resort - Multi-unit property includes a main residence, furnished cabins, and multiple docks along the shoreline.
Where is this resort located?
The property is located at 8971 THOROUGHFARE RD Minocqua, WI.
What is the asking price?
The asking price for this property is $3,100,000.
What are key features of this property?
This property features: 338 feet of Tomahawk Lake frontage with western views toward state‑owned shoreline; Currently configured as 4 condominiums across the entire property; Two‑story main home with 3 bedrooms and 2 renovated bathrooms
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