201 W Front St - Storefront Retail/Residential FOR SALE


Minocqua, WI 54548
$485,000 USD
715-892-7325
201 W Front St, Minocqua, WI for Sale
$485,000 USD
Storefront Retail/Residential - FOR SALE
1/7
null | Request Cap Rate

201 W Front St
Minocqua, WI 54548


HIGHLIGHTS

  • Gallery/storefront + 4 apartments.
  • Corner building in downtown Minocqua.
  • Superb visibility on 2 sides and year-round foot traffic.

OVERVIEW

Corner building in Downtown Minocqua at the intersection of Front and Flambeau Streets. Real Estate Only - Gallery business not for sale. Well known Parkside Gallery has been in the same location for 30 years. Tasteful and historic red brick exterior. The gallery features a spacious showroom, office & break room, bathroom, upper level display areas & workshop. Four apartments, totaling approximately $26,400 current annual gross rents. These apartments fill immediately, and the Seller has historically had 100% occupancy. The 4,500+ sq ft building can easily be redesigned to fit your needs. Year round foot traffic on the Island. Superb visibility of the building from three sides. Easy access to public parking & all of the Island City amenities & events. Three furnaces & three water heaters (all replaced within last 7 years). Natural gas, city water/sewer, hi-speed cable internet. Multi-Family or Multi-Unit opportunity in the heart of the Island City.

FOR SALE DETAILS

PRICE

$485,000 USD

PRICE/SF

$107 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Storefront Retail/Residential

ADD'L SUBTYPES

undefined, Office/Residential, Office Live/Work Unit

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1988

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.09 AC

LAND SF

3,920 SF

ZONING

Business B-1

APN/PARCEL ID

01601-3233-0000

ASK ABOUT THIS PROPERTY

Adam RedmanRedman Realty Group LLCMore Info
715-892-7325

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Adam RedmanRedman Realty Group LLCMore Info
715-892-7325

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.