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Property profile & analytics
OFF-MARKET
Hospitality properties

201 Front St Minocqua, WI 54548

4,513 SF
Property ID
Property summary
AI-generated overview

This exceptional 4,513 square foot hotel/motel in downtown Minocqua, Wisconsin, presents a lucrative investment opportunity. Situated on a 3,920 square foot lot at the corner of Front and Flambeau Streets, this well-known property boasts a historic red brick exterior and superb visibility from three sides. Currently operating at 100% occupancy, the building includes four apartments generating approximately $26,400 in annual gross rent. The spacious interior features a showroom, office, break room, bathroom, upper level display areas, and a workshop – all adaptable to various uses. The building benefits from high year-round foot traffic, easy access to public parking and island city amenities, and is equipped with three furnaces and three water heaters (all replaced within the last seven years). Utilities include natural gas, city water/sewer, and high-speed cable internet. This multi-family/multi-unit property offers significant potential for growth and return on investment in a desirable location. The asking price is $485,000. Note: The established gallery business is not included in the sale; real estate only.

Property profile
Verified
Property type Hospitality properties
Total area 4,513 SF
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
  • Parkside Gallery & Framing Department Store
Value estimations
Realmo proprietary · 4 methods
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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