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Improved Commercial Land for Sale in Minocqua, Wisconsin

8700 Highway 51, Minocqua, WI 54548

$1,250,000
1.6 acres
pending
Under contract

Minocqua Commercial Opportunity: One of the most desired business sites in The Northwoods. Located at the stop light intersection of US Hwy 51 N and State Hwy 70 W. The busiest corridor in Minocqua with 18,100+ vehicles per day at this intersection. Adjacent to Minocqua's only Kwik-Trip and neighboring Starbucks, Taco Bell, McDonalds, Lakeland Union High School, hospitals and many other complimentary businesses. The existing tenant, El Tarasco Restaurant, has occupied the building since 2018 on a triple net lease. This property features ample paved parking with 59+ spots. Newly constructed building in 2010 offers spacious dining and kitchen areas and a covered patio for outdoor dining. Full liquor license w/ Property. Excellent business signage. Total of 1.61 acres between two parcels and nearly 250' of US Hwy 51 N frontage. Significant recent growth in this commercial area that will continue to increase in demand and value making this an appealing and dynamic long term investment.

4,428
Sq feet
3
1/2 baths
2010
Built

Location

Street address
8700 Highway 51
Elevation
1,599 feet
Coordinates
45.8874, -89.7031

Directions

From Minocqua, North on US Highway 51 to State Hwy 70 W intersection and Property on Right (El Tarascao Restaurant, next to Kwik Trip)

Property details

Acreage
1.61 acres
MLS #
GNMLS 213665
Posted

Property taxes

2024
$6,490 - Doc 654606/654605 PT NW NE & SW NE 1.62SA NKA LOT 1 CSM V17 P3787 and Outlot 1 (CSM 481)

Parcels

  • MI-2170-2A
  • MI-2171-14

Legal description

Details and features

Listing

Type
Commercial Sale

Lot

Features
Level

Exterior

Parking
Driveway, Special Needs
Features
Handicap Accessible, Sprinkler Irrigation

Structure

Stories
1
Water
Public
Sewer
Public Sewer
Heating
Forced Air, Natural Gas
Cooling
Central Air
Materials
Frame, Stucco
Roof
Rubber, Tile

Interior

Rooms
Bathroom x 3
Flooring
Mixed
Accessibility
Accessible Approach With Ramp

Property utilities

CategoryTypeStatusDescription
GasNatural GasConnected

Listing history

DateEventPriceChangeSource
Oct 31, 2025Under contract$1,250,000GNMLS
Aug 7, 2025New listing$1,250,000GNMLS
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This 1.61-acre property is located at 8700 Highway 51 in Minocqua, WI 54548. The property is pending sale. It has a 4,428 sq ft structure built in 2010.

Checked 1 hour ago — Updated

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Copyright (C) 2025 Northwoods Association of REALTORS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

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