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Investment Highlights

  • 82 rooms, 2 stories, built in 1994 – situated right in the heart of downtown Minocqua!
  • Wyndham has already issued the PIP - Current ownership is budgeting approx. $1.1M for the PIP or approx. 13K per room - 15 Year-Term is expected
  • Approx. 1 hour from the UP of MI, 1 hour from Hurley/Ironwood & Wausau, 2 hours from Ashland, 3 hours from Green Bay, Eau Claire, and Duluth/Superior
  • Robust 2026 June Trailing 12 Month Performance! Over $1.4M in Room Revenue and over $400K in NOI; 34.2% Occupancy @ $141 ADR ($48 RevPAR)
  • Located in the heart of downtown Minocqua within walking distance of the area’s restaurants, shops, recreational amenities, and entertainment options
  • Approx. 2.5 hours from Green Bay Austin Straubel International Airport (GRB), and 35 minutes from Rhinelander – Oneida County Airport (RHI)

Executive Summary

Situated just off Lake Minocqua and in the heart of downtown Minocqua, the Property offers guests convenient access to the area’s restaurants, shops, recreational amenities, and entertainment options, all within walking distance.
On behalf of ownership, CBRE is pleased to be the exclusive agent for the sale of the fee-simple interest in the AmericInn by Wyndham Minocqua in Minocqua, Wisconsin (“AmericInn”, “Hotel”, or “Property”). The Hotel is strategically located along U.S. Route 51, also known as U.S. Highway 51, the primary north-south highway serving Wisconsin’s Northwoods, connecting Minocqua to Hurley/Ironwood to the north (a gateway to Michigan’s Upper Peninsula) and to Tomahawk and Wausau to the south. Situated just off Lake Minocqua and in the heart of downtown Minocqua, the Property offers guests convenient access to the area’s restaurants, shops, recreational amenities, and entertainment options, all within walking distance.
The Hotel benefits from a diverse mix of year-round demand drivers, including leisure tourism, regional events, retail, healthcare, local businesses, and additional seasonal demand from outdoor recreation. Minocqua is one of Wisconsin’s most recognized vacation destinations, attracting hundreds of thousands of visitors from across the Midwest who come to enjoy the area’s lakes, trails, forests, and four-season recreational opportunities. The Property is well-positioned to capture this demand given its waterfront setting and proximity to the area’s most popular attractions.
Often referred to as the heart of Wisconsin’s Northwoods, Minocqua is centered around the famous Minocqua Chain of Lakes, which encompasses nearly 6,000 acres of water and serves as a major draw for boating, fishing, kayaking, watersports, and other outdoor activities throughout the summer months. During the winter season, the area remains a popular destination for snowmobiling, ice fishing, and winter recreation, helping support consistent visitation throughout the year. The community’s strong tourism economy, vibrant downtown district, and reputation as a premier Northwoods getaway continue to drive lodging demand and support long-term investment potential for hospitality owners.

Property Facts

Sale Type Investment
Property Type Hospitality
Property Subtype Hotel
Building Class C
Lot Size 3.10 AC
Building Size 68,612 SF
No. Rooms 82
No. Stories 2
Year Built 1994
Corridor Interior
Zoning C - Commercial

Amenities

  • Business Center
  • Fitness Center
  • Pool
  • Meeting Event Space

Room Mix Information

Description No. Rooms Daily Rate SF
Suite 4 $222.83 CAD -
Guest Room 78 $159.77 CAD -
Somewhat walkable
30/100
Exceptionally drivable
100/100
Fairly bikeable
40/100

Property Taxes

Property Taxes

Parcel Number
01601-7475-0000
Land Assessment
$857,133 CAD
Improvements Assessment
$2,878,038 CAD
Total Assessment
$3,735,171 CAD
  • Listing ID: 41595730

  • Date on Market: 2026-08-07

  • Last Updated:

  • Address: 700 Highway 51, Minocqua, WI 54548

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