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Schlecht's Resort 317 E Park Ave 10 Room Hotel Minocqua, WI 54548 $6,776,897 CAD ($677,690 CAD/Room)
Investment Highlights
- Family owned resort for 3 generations.
- 343' sandy water frontage on highly desirable Lake Minocqua.
- Historic home + 4 waterfront cottages + 6 kitchenettes.
Executive Summary
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.
Property Facts
Amenities
- High Speed Internet Access
- Public Access Wifi
- Smoke-Free
- Fully-Equipped Kitchen
Room Mix Information
| Description | No. Rooms | Daily Rate | SF |
|---|---|---|---|
| Suite | 4 | $193.04 CAD | - |
| Guest Room | 6 | $150.60 CAD | - |
Property Taxes
| Parcel Number | 01601-3415-0000 | Improvements Assessment | $320,773 CAD |
| Land Assessment | $794,061 CAD | Total Assessment | $1,114,834 CAD |
Property Taxes
Parcel Number
01601-3415-0000
Land Assessment
$794,061 CAD
Improvements Assessment
$320,773 CAD
Total Assessment
$1,114,834 CAD
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Schlecht's Resort | 317 E Park Ave
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