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Key Details
Sold Price $4,000,000
Property Type Commercial
Sub Type Hotel/Motel
Listing Status Sold
Purchase Type For Sale
Square Footage 8,511 sqft
Price per Sqft $469
MLS Listing ID 215917
Sold Date 10/30/26
Bedrooms 15
Full Baths 11
Half Baths 1
HOA Y/N No
Year Built 1906
Annual Tax Amount $14,737
Tax Year 2025
Lot Size 1.040 Acres
Acres 1.0399908
Lot Dimensions 266x199
Property Sub-Type Hotel/Motel
Property Description
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 & 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.
Location
State WI
County Oneida
Community Sidewalks
Direction Downtown Minocqua Hwy 51 South, LEFT onto Park Ave East. Schlecht's Cottages & Resort on the RIGHT. Zoning requirements to be verified by potential buyer.
Body of Water MINOCQUA
Rooms
Other Rooms Living Quarters, Outbuilding
Interior
Heating Baseboard, Electric, Forced Air, Natural Gas, Other
Cooling Central Air, Wall/Window Unit(s)
Flooring Carpet, Laminate, Vinyl, Wood
Fireplace No
Exterior
Exterior Feature Landscaping
Parking Features Private, Unpaved, Driveway
Community Features Sidewalks
Waterfront Description Shoreline - Sand,Lake Front
View Y/N Yes
Water Access Desc Public
View Water
Roof Type Composition,Shingle
Street Surface Paved
Road Frontage Town Road
Building
Lot Description Lake Front, Sloped, Views
Story 3
Sewer Public Sewer
Water Public
Additional Building Living Quarters, Outbuilding
Others
Tax ID MI-3415 & MI-3414
Ownership None
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Bought with REDMAN REALTY GROUP, LLC
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