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Rick Lovdal

rick@eliasonrealty.com +1(715) 891-5608

$ 699,900

Est. payment -/mo

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Active

1520 CTH F #8 Minocqua, WI 54548

3 Beds

3 Baths

3,062 SqFt

UPDATED:

01/08/2025 09:03 PM

Key Details

Property Type Commercial

Sub Type Business

Listing Status Active

Purchase Type For Sale

Square Footage 3,062 sqft

Price per Sqft $228

MLS Listing ID 210292

Bedrooms 3

Full Baths 3

HOA Y/N No

Year Built 1940

Annual Tax Amount $3,746

Tax Year 2024

Lot Size 4,020 Sqft

Acres 0.092286505

Property Sub-Type Business

Body of Water NORTH PLACID TWIN

Property Description

Lake Placid Inn a Well known and established family restaurant and bar has been in the family for almost 40 years. Well known for its fresh homemade dishes! Seller is retiring and would like to see another family carry on their own traditions. Large 32' x 16' bar area with 15 barstools. Great size open dining room with almost a thousand square feet. 5 comfortable booths, 7 tables and ample seating to keep the 288 square foot kitchen busy! 260 square foot prep area, plus a 10' x 9' walk in freezer. 2-flat tops, commercial stove and oven. 3 door coolers, 2-commercial refrigerators, newer ice machine and more! Well there is more! A new roof in 2024, new septic in 2021, partial basement an even living quarters in the rear of the building. Also has a 42' x 34' garage, huge parking lot, handicap accessible entrance. Now here is the kicker you have your own boat launch and 47 feet of frontage on Twin Placid which is part of the highly sought after Fence Lake Chain!

Location

State WI

County Vilas

Direction From Minocqua go North on 51 to Left on Hwy.47 to Left on Hwy. F to 1520 CHY. F

Body of Water NORTH PLACID TWIN

Rooms

Other Rooms Outbuilding

Interior

Heating Electric, Forced Air, Propane

Flooring Carpet, Vinyl

Inclusions Real Estate and Business, Equipment, Furniture

Fireplace No

Exterior

Parking Features Handicap, Private, Unpaved

Utilities Available Natural Gas Available, Phone Available

Waterfront Description Shoreline - Sand,Lake Front

View Y/N Yes

Water Access Desc Drilled Well

Roof Type Composition,Shingle

Street Surface Paved

Road Frontage Highway

Building

Lot Description Lake Front

Story 1

Sewer Conventional Sewer

Water Drilled Well

Additional Building Outbuilding

Others

Tax ID 10-1838-28

Listed by RE/MAX PROPERTY PROS-MINOCQUA

Rick Lovdal

Agent

+1(715) 891-5608

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