815-543-9448
700 Highway 51, Minocqua, WI for Sale
Hospitality - FOR SALE
1/19
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700 Highway 51
Minocqua, WI 54548


HIGHLIGHTS

  • 82 rooms, 2 stories, built in 1994 – situated right in the heart of downtown Minocqua!
  • Robust 2026 June Trailing 12 Month Performance! Over $1.4M in Room Revenue and over $400K in NOI; 34.2% Occupancy @ $141 ADR ($48 RevPAR)
  • Wyndham has already issued the PIP - Current ownership is budgeting approx. $1.1M for the PIP or approx. 13K per room - 15 Year-Term is expected
  • Located in the heart of downtown Minocqua within walking distance of the area’s restaurants, shops, recreational amenities, and entertainment options
  • Approx. 1 hour from the UP of MI, 1 hour from Hurley/Ironwood & Wausau, 2 hours from Ashland, 3 hours from Green Bay, Eau Claire, and Duluth/Superior
  • Approx. 2.5 hours from Green Bay Austin Straubel International Airport (GRB), and 35 minutes from Rhinelander – Oneida County Airport (RHI)

OVERVIEW

Situated just off Lake Minocqua and in the heart of downtown Minocqua, the Property offers guests convenient access to the area’s restaurants, shops, recreational amenities, and entertainment options, all within walking distance. On behalf of ownership, CBRE is pleased to be the exclusive agent for the sale of the fee-simple interest in the AmericInn by Wyndham Minocqua in Minocqua, Wisconsin (“AmericInn”, “Hotel”, or “Property”). The Hotel is strategically located along U.S. Route 51, also known as U.S. Highway 51, the primary north-south highway serving Wisconsin’s Northwoods, connecting Minocqua to Hurley/Ironwood to the north (a gateway to Michigan’s Upper Peninsula) and to Tomahawk and Wausau to the south. Situated just off Lake Minocqua and in the heart of downtown Minocqua, the Property offers guests convenient access to the area’s restaurants, shops, recreational amenities, and entertainment options, all within walking distance. The Hotel benefits from a diverse mix of year-round demand drivers, including leisure tourism, regional events, retail, healthcare, local businesses, and additional seasonal demand from outdoor recreation. Minocqua is one of Wisconsin’s most recognized vacation destinations, attracting hundreds of thousands of visitors from across the Midwest who come to enjoy the area’s lakes, trails, forests, and four-season recreational opportunities. The Property is well-positioned to capture this demand given its waterfront setting and proximity to the area’s most popular attractions. Often referred to as the heart of Wisconsin’s Northwoods, Minocqua is centered around the famous Minocqua Chain of Lakes, which encompasses nearly 6,000 acres of water and serves as a major draw for boating, fishing, kayaking, watersports, and other outdoor activities throughout the summer months. During the winter season, the area remains a popular destination for snowmobiling, ice fishing, and winter recreation, helping support consistent visitation throughout the year. The community’s strong tourism economy, vibrant downtown district, and reputation as a premier Northwoods getaway continue to drive lodging demand and support long-term investment potential for hospitality owners.

FOR SALE DETAILS

PRICE

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# OF ROOMS

82

CAP RATE

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SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

AmericInn by Wyndham Minocqua

PROPERTY TYPE

Hospitality

TOTAL BUILDING SIZE

-

STORIES

2

ROOM ENTRANCE

Interior

BUILDING CLASS

C

YEAR BUILT

1994

PARKING SPACES

-

LAND DETAILS

LAND ACRES

3.1 AC

LAND SF

135,036 SF

ZONING

C

APN/PARCEL ID

01601-7475-0000

ASK ABOUT THIS PROPERTY

Scott MillerCBRE, Inc.More Info
815-543-9448

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Scott MillerCBRE, Inc.More Info
815-543-9448

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.