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: null
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.
