List Search

700 Highway 51
Minocqua, WI 54548

Price Upon Request

Hotel For Sale  •  68,612 SF

Property Details

  • Property Type Hotel
  • Total Building Size 68,612 SF
  • Lot Size 3.1 AC
  • Building Class C
  • Year Built 1994
  • Zoning C
30 Walk Score

Highlights

82 rooms, 2 stories, built in 1994 – situated right in the heart of downtown Minocqua!
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)
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
Located in the heart of downtown Minocqua within walking distance of the area’s restaurants, shops, recreational amenities, and entertainment options
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
Approx. 2.5 hours from Green Bay Austin Straubel International Airport (GRB), and 35 minutes from Rhinelander – Oneida County Airport (RHI)

Amenities

  • Business Center
  • Fitness Center
  • Pool
  • Meeting Event Space
Scott Miller 815-543-9448 CBRE, Inc.
Scott Miller 815-543-9448 CBRE, Inc.