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Lakefront Resort Property with Condos
For Sale
$3,300,000

8971 THOROUGHFARE RD, Minocqua, WI 54548

COMMERCIAL - Minocqua, WI

Property SizeContact for details
Lot Size1.45 Acres
Days on Market57

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

Amenities

blacktop driveway
sand beach
lakeside sunroom
three season room
game room
workshop
laundry room
multiple docks

Building Details

Number of units 4
Flooring type Wood, Carpet, Vinyl
Building materials Cedar, Frame, Stone
Roof type Composition, Shingle
Listing Agency: REDMAN REALTY GROUP, LLC
Listed By: ADAM REDMAN · License #56355 - 90
Added: Jun 16 Changed: Aug 4 Last Checked: Aug 11 at 7:06AM
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.

Investment Insights

Based on property information with market context.

Legacy lakefront resort property on Tomahawk Lake in Minocqua, Wisconsin, set up as four condos and offered as an entire package. The property spans 1.45 acres with 338 feet of frontage and features a blacktop driveway down to the sand beach. Western views and sunsets are enjoyed over State Owned Shoreline across the lake, with multiple docks along the expansive shoreline.

The two-story main home includes three bedrooms and two renovated bathrooms, plus a well-appointed kitchen, lakeside sunroom, Northwoods-style living room, deck, and three-season room. The offering also includes three fully furnished, well-maintained lakeside cabins. Outbuildings include a two-car garage with game room, workshop, and laundry room, as well as a newer three-car detached garage.

Recent improvements are noted as available, including electrical, plumbing, mechanicals, and landscaping. The property is served by a well and shared septic, with heating described as electric and propane baseboard, window AC, and a shingle/composition roof. Construction materials include cedar, frame, and stone.

Key Highlights

  • 1.45 acres with 338 feet of lake frontage on Tomahawk Lake
  • Blacktop driveway down to the sand beach plus multiple docks
  • Property set up as four condos, offered as a whole package

Property Analytics

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

11
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
Rey
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Resort - Legacy lakefront resort property set up as four condos with a main home, furnished cabins, docks, and well access.
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 $3,300,000.
What are key features of this property?
This property features: 1.45 acres with 338 feet of lake frontage on Tomahawk Lake; Blacktop driveway down to the sand beach plus multiple docks; Property set up as four condos, offered as a whole package
More about this property
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