$525,000
$550,000
4.5%For more information regarding the value of a property, please contact us for a free consultation.
7520 HWY 51 Minocqua, WI 54548
4 Baths
7,340 SqFt
Key Details
Sold Price $525,000
Property Type Commercial
Sub Type Business
Listing Status Sold
Purchase Type For Sale
Square Footage 7,340 sqft
Price per Sqft $71
MLS Listing ID 193030
Sold Date 08/26/21
HOA Y/N No
Year Built 1984
Annual Tax Amount $4,596
Tax Year 2020
Lot Size 2.010 Acres
Acres 2.0100093
Property Sub-Type Business
Property Description
Income producing commercial building in high traffic area (DOT estimates avg. of 13,000 cars/day). Easy access from State Hwy & paved town road, exceptional visibility & signage including a $40K electronic message board, superb location just 2 miles south of downtown Minocqua. Large corner lot w/room to expand, and 5 rental units (4 are occupied), including a finished basement unit with both interior & exterior access. Two restrooms on the main floor, & 2 restrooms in the lower level. Lucrative opportunity to create 5 commercial condominiums. Recently renovated with beautiful interiors & an attractive exterior facade. Excellent business investment opportunity awaits! Single Party Sale.
Location
State WI
County Oneida
Community Sidewalks
Direction From Minocqua: Hwy 51 south approx 2 miles to property on left (East side of hwy, just north of Moto Mart)
Interior
Interior Features Storage
Heating Electric, Forced Air, Natural Gas
Cooling Central Air
Flooring Carpet, Mixed, Tile, Vinyl, Wood
Fireplace No
Exterior
Exterior Feature Sprinkler/Irrigation, Landscaping
Parking Features Paved, Private, Driveway
Community Features Sidewalks
Utilities Available High Speed Internet Connected, Phone Available, Septic Available
Water Access Desc Drilled Well
Roof Type Composition,Shingle
Street Surface Paved
Road Frontage Highway, Town Road
Building
Lot Description Level
Faces West
Story 2
Sewer Conventional Sewer, Septic Tank
Water Drilled Well
Others
Tax ID MI 2490 8A
Security Features Fire Sprinkler System
Read Less
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Bought with REDMAN REALTY GROUP, LLC
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