7601 US Highway 51 - Office FOR SALE


Minocqua, WI 54548
$350,000 USD
715-892-7325
7601 US Highway 51, Minocqua, WI for Sale
$350,000 USD
Office - FOR SALE
1/8
null | Request Cap Rate

7601 US Highway 51
Minocqua, WI 54548


HIGHLIGHTS

  • High-visibility location on highway 51.
  • Completely renovated in the past year.
  • Wooded 0.75 Acre parcel.

OVERVIEW

Completely renovated and charming building with exceptional US Hwy 51 exposure. The wooded 0.75 Acre parcel features 166' of Hwy 51 frontage and approximately 140' frontage on Blue Lake Rd. Direct Hwy 51 ingress/egress access. The Town of Minocqua / DOT are in the process of installing a South-bound Blue Lake Rd turn lane for even better and safer access. Significant and visible business sign on Hwy 51. Extensively updated commercial building offers 3 offices, conference room/reception area, kitchen, full bath, and a bonus / storage room. Add'l storage area and utilities in the partial basement. Recent updates include: Roof, siding, flooring, electrical, plumbing, kitchen, bathroom, etc. Spectrum Cable at lot line. Drilled well and conventional septic system. Business B-2 zoning does offer potential for residential use as well. NOTE: year built is estimated.

FOR SALE DETAILS

PRICE

$350,000 USD

PRICE/SF

$230 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Single

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY TYPE

Office

ADD'L SUBTYPES

Storefront, Storefront Retail/Office, Office/Residential

TOTAL BUILDING SIZE

-

STORIES

1

BUILDING CLASS

C

YEAR BUILT

1970

SPRINKLERS

-

PARKING SPACES

5

LAND DETAILS

LAND ACRES

0.75 AC

LAND SF

32,670 SF

ZONING

B-2

APN/PARCEL ID

01601-2382-0003

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.