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Improved Commercial Land for Sale in Minocqua, Wisconsin

8085 Highway 51, Minocqua, WI 54548

$1,399,000
1.65 acres
Active sale
$50k drop
Est $8,055/mo

Island City Lanes & Lounge, Minocqua, WI - Well established bowling center with lounge and restaurant. Located on Hwy 51 with terrific local following, steady seasonal tourist traffic, and 8 bowling leagues. There are 12 synthetic lanes, a large sports bar area great for watching the big games as well as car races, a game room for the kids, and a large, recently resealed, parking lot. Excellent business with great financials. Fiber optic internet, 16 x 24 storage garage, city sewer and water, natural gas, and recent improvements including new flooring and exterior staining.

15,624
Sq feet

Location

Street address
8085 Highway 51
Zip code
54548
Elevation
1,673 feet
Coordinates
45.8548, -89.7047

Directions

Hwy 51 South from Minocqua to 8085 Hwy 51, Island City Lanes and Lounge on the Right.

Property details

Acreage
1.65 acres71,874 sq ft
MLS #
GNMLS 208322
Posted

Property taxes

2023
$4,586

Parcels

  • MI-2329-5

Legal description

Details and features

Listing

Type
Commercial Sale

Structure

Stories
1
Sewer
Public Sewer
Heating
Forced Air
Cooling
Central Air
Materials
Metal Siding
Roof
Rubber

Listing history

DateEventPriceChangeSource
May 4, 2026Price drop$1,399,000$50,000 -3.5%GNMLS
Apr 17, 2025New listing$1,449,000—GNMLS
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This 1.65-acre property is located at 8085 Highway 51 in Minocqua, WI 54548. The property is available for sale, priced at $1,399,000. It has a 15,624 square foot structure.

Listed by Eliason Realty - Land O Lakes, (715) 547-3341

Checked 2 hours agoUpdated

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