317 Park Ave E, Minocqua, WI

$5,200,000 - Minocqua Lake

17

Beds

14

Baths

About 317 Park Ave E

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.

Features of 317 Park Ave E

MLS® # 205501
Price $5,200,000
Bedrooms 17
Bathrooms 14.00
Full Baths 14
Acres 0.00
Year Built 1906
Type Commercial
Sub-Type Motel/Hotel
Status Active
Lake Name Minocqua Lake

Community Information

Address 317 Park Ave E
City Minocqua
County Oneida
State WI
Zip Code 54548

Amenities

Utilities High Speed Internet Connected
Features Lake Front, Sloped, Views
Parking Private, Unpaved, Driveway
Garages Private, Unpaved, Driveway
View Water
Is Waterfront Yes
Waterfront Shoreline - Sand, Lake Front
Has Pool No

Interior

Interior Carpet, Laminate, Vinyl, Wood
Heating Baseboard, Electric, Forced Air, Natural Gas, Other
Cooling Central Air, Wall/Window Unit(s)
Fireplace No
# of Stories 3
Has Basement No

Exterior

Exterior Frame, Stucco, Wood Siding
Exterior Features Landscaping
Lot Description Lake Front, Sloped, Views
Roof Composition, Shingle
Construction Frame, Stucco, Wood Siding

Additional Information

Date Listed January 30th, 2024
Days on Market 146
Short Sale No
RE / Bank Owned No
Taxes $14,253
Tax Year 2023
Agent Pat Van Hefty
Office REDMAN REALTY GROUP, LLC

Listing Details

OfficeREDMAN REALTY GROUP, LLC

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