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201 W Front St

4,513 SF 100% Leased Retail Building Minocqua, WI 54548 $485,000 ($107/SF)

Retail Space Wisconsin Minocqua 201 W Front St, Minocqua, WI 54548

Investment Highlights

  • Gallery/storefront + 4 apartments.
  • Superb visibility on 2 sides and year-round foot traffic.
  • Corner building in downtown Minocqua.

Executive Summary

Corner building in Downtown Minocqua at the intersection of Front and Flambeau Streets. Real Estate Only - Gallery business not for sale. Well known Parkside Gallery has been in the same location for 30 years. Tasteful and historic red brick exterior. The gallery features a spacious showroom, office & break room, bathroom, upper level display areas & workshop. Four apartments, totaling approximately $26,400 current annual gross rents. These apartments fill immediately, and the Seller has historically had 100% occupancy. The 4,500+ sq ft building can easily be redesigned to fit your needs. Year round foot traffic on the Island. Superb visibility of the building from three sides. Easy access to public parking & all of the Island City amenities & events. Three furnaces & three water heaters (all replaced within last 7 years). Natural gas, city water/sewer, hi-speed cable internet. Multi-Family or Multi-Unit opportunity in the heart of the Island City.

Property Facts

Sale Type
Investment or Owner User
Property Type
Retail
Property Subtype
Storefront Retail/Residential
Building Size
4,513 SF
Building Class
B
Year Built
1988
Price
$485,000
Price Per SF
$107
Percent Leased
100%
Tenancy
Multiple
Building Height
2 Stories
Building FAR
1.15
Lot Size
0.09 AC
Zoning
Business B-1
Frontage
156 FT on Flambeau St.

Amenities

  • Corner Lot
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Nearby Major Retailers

U.S. Bank
Nicolet National Bank
Save More Food Market (IGA)

PROPERTY TAXES

Parcel Number 01601-3233-0000 Improvements Assessment $172,300
Land Assessment $37,500 Total Assessment $209,800

PROPERTY TAXES

Parcel Number
01601-3233-0000
Land Assessment
$37,500
Improvements Assessment
$172,300
Total Assessment
$209,800
(715) 892-7325

Contact

  • Listing ID: 22482276

  • Date on Market: 3/15/2021

  • Last Updated:

  • Address: 201 W Front St, Minocqua, WI 54548

More public record information on 201 W Front St, Minocqua, WI 54548

The Retail Property at 201 W Front St, Minocqua, WI 54548 is currently available for sale. Contact Redman Realty Group LLC for more information.

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201 W Front St
(715) 892-7325 x

201 W Front St

Adam Redman

(715) 892-7325

(715) 892-7325

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