317 Park Ave E, Minocqua, WI 54548
0 Acres
$5,200,000
Active

317 Park Ave E, Minocqua, WI 54548

$5,200,000

$5,200,000

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Features

  • Property Type: HotelMotel
  • Status: Active
  • Est. Square Footage: 8,511
  • Attached Garage: No
  • Est. Year Built: 1906
  • Est. Acreage: 1.04
  • Body of Water: Minocqua
  • Est. Waterfront Footage: 343
  • County: Oneida
  • Property Taxes: $14,253
  • Property Tax Year: 2023
  • Postal City: Minocqua
  • Township: Minocqua
  • Display City: Minocqua
  • MLS#: 205501
  • Listing Company: Redman Realty Group, Llc
  • Price/SqFt: $610
  • Zip Code: 54548

Property Description

317 Park Ave E, Minocqua, WI 54548 - 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.

  • Additional features

    Interior Features

    • Heating/Cooling: Baseboard, Electric, ForcedAir, NaturalGas, Other

    Building and Construction

    • Flooring: Carpet, Laminate, Vinyl, Wood
    • Roof: Composition, Shingle

    Land Features

    • Waterfront/Access: Y
    • Lot Description: 266x199
  • Property History
    MLS Number New Status Previous Status Activity Date New List Price Previous List Price Sold Price DOM
    205501 Active Feb 15 2024 10:18AM $5,200,000 113
    205499 Active Feb 15 2024 10:17AM $5,200,000 113

Buyer understands that the information which is contained on Data pages is obtained from a number of different sources and which has not been independently verified or confirmed by the various real estate brokers and agents who have been and are involved in this transaction. If any particular measurement or data element is important or material to buyer, Buyer assumes all responsibility and liability to research, verify and confirm said data element and measurement. REALTOR *MLS* Equal Housing Opportunity

Home Valuation Report