317 Park Ave E, Minocqua, WI 54548 $4,950,000

317 Park Ave E, Minocqua 0 Acres $4,950,000 Active

  • Commercial/Industrial
  • Property Type: HotelMotel
  • Status: Active
  • Est. Square Footage: 8,511
  • Attached Garage: No
  • Est. Year Built: 1906
  • Est. Acreage: 1.04
  • Body of Water: Minocqua
  • Est. Waterfront Footage: 343
  • County: Oneida
  • Property Taxes: $14,410
  • Property Tax Year: 2024
  • Postal City: Minocqua
  • Township: Minocqua
  • MLS#: 210893
  • Listing Company: Redman Realty Group, Llc
  • Price/SqFt: $581
  • Zip Code: 54548

317 Park Ave E, Minocqua, WI 54548 - Unique commercial investment in downtown Minocqua! Schlecht's Resort has been family owned & operated for 3 generations. Offering a historic home with timeless elegance shown in its grand entrance, stained glass and well-preserved wood details, it takes you back in time while offering modern comfort. Surrounding this piece of history are 4 inviting waterfront cottages, 6 well-appointed kitchenette units, duplex & 2 permanent piers for all watercraft. All situated on 343' sand frontage, with southern exposure on well sought after LAKE MINOCQUA. Walking distance to shopping, dining & nightlife, the location can not be beat. With a rich history & rental track record, this resort is an ideal investment for those seeking opportunity. Alternatively, the potential for redevelopment opens doors to creating what a new owner envisions in this scenic location. Favorable zoning will allow for continuation as a commercial endeavor, resort, condominiums, marina...all will be possible here.

Additional Features
  • Heating/Cooling: Baseboard, Electric, ForcedAir, NaturalGas, Other
  • Flooring: Carpet, Laminate, Vinyl, Wood
  • Roof: Composition, Shingle
  • Waterfront/Access: Y
  • Lot Description: 266x199
Property History
MLS Number New Status Previous Status Activity Date New List Price Previous List Price Sold Price DOM
210892 May 9 2025 8:17PM $4,950,000 $5,200,000 81
210893 Active Mar 12 2025 9:48AM $5,200,000 81
210892 Active Mar 12 2025 9:47AM $5,200,000 81
205501 Active Feb 15 2024 10:18AM $5,200,000 363
205499 Active Feb 15 2024 10:17AM $5,200,000 363

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    Rates and fees are subject to adjustments based on your credit score and the loan-to-value ratio. Rates and fees are also subject to change without notice. Other rates and loan programs are available.
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