7502 Highway 51 - Freestanding FOR SALE


Minocqua, WI 54548
$438,000 USD
715-892-7325
7502 Highway 51, Minocqua, WI for Sale
$438,000 USD
Freestanding - FOR SALE
1/12
null | Request Cap Rate

7502 Highway 51
Minocqua, WI 54548


HIGHLIGHTS

  • Prime Hwy 51 frontage just south of Minocqua.
  • High traffic location.
  • Three individual building sections.

OVERVIEW

Iconic building in Minocqua on US Hwy 51 is now available. Originally constructed in 1983 as The Christmas Chalet, a beloved business staple in Minocqua for 43 years. The Owners have now retired. The property encompasses two tax parcels, providing 200' of Hwy 51 frontage. This corridor sees a daily average of 9,400 vehicles. The highly visible 4,200+ sq ft building features a grand entry with a wood burning fieldstone fireplace (potential gas hook up) and reception area. The entry leads to the two wings of the building with approximately 2,000 sq ft in each. The three sections of the building are individually metered, providing the opportunity for operating multiple businesses or offices. There is an overhead delivery door in the back of the building, ample gravel parking area, and sidewalks - making this an ideal location for bringing a myriad of ideas to life.

FOR SALE DETAILS

PRICE

$438,000 USD

PRICE/SF

$112 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Multiple

SALE TYPE

Owner User

BUILDING DETAILS

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Freestanding

ADD'L SUBTYPES

Storefront, Storefront Retail/Office

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1983

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.8 AC

LAND SF

34,848 SF

ZONING

Business B2

APN/PARCEL ID

MI 4275

ASK ABOUT THIS PROPERTY

Adam RedmanRedman Realty Group LLCMore Info
715-892-7325

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Adam RedmanRedman Realty Group LLCMore Info
715-892-7325

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