317 Park Ave E | $5,200,000
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NORTHWOODS COMMUNITY REALTY, LLC
101 W. Mohawk Drive
Tomahawk, WI
United States 54487

Details

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Years (35 year max)
Years



Address 317 Park Ave E
AreaOneida
Sub AreaMinocqua
State/ProvinceWisconsin
CountryUnited States
Price$5,200,000
Property TypeAccommodation, Investment, Multi Family
Bedrooms17
Bathrooms14
Floor Space8511 Square Feet
Lot Size1.04 Acres
WaterfrontYes
Year Built1906
ParkingPrivate over 10, Unpaved
Taxes $14,253
Tax Year2023
Buyer Commission*2
MLS® #205501
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Unique commercial investment in downtown Minocqua! Schlecht’s Resort has been family owned & operated for 3 generations. Offering a historic home with timeless elegance shown in its grand entrance, stained glass and well-preserved wood details, it takes you back in time while offering modern comfort. Surrounding this piece of history are 4 inviting waterfront cottages, 6 well-appointed kitchenette units, duplex & 2 permanent piers for all watercraft. All situated on 343’ sand frontage, with southern exposure on well sought after LAKE MINOCQUA. Walking distance to shopping, dining & nightlife, the location can not be beat. With a rich history & rental track record, this resort is an ideal investment for those seeking opportunity. Alternatively, the potential for redevelopment opens doors to creating what a new owner envisions in this scenic location. Favorable zoning will allow for continuation as a commercial endeavor, resort, condominiums, marina...all will be possible here.


*Offer of Buyer Agent compensation is made only to Participants of the MLS where this listing is filed.


Listed by REDMAN REALTY GROUP, LLC Ph: (715) 358-0450


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Data Source: Statistics Canada
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