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Rick Lovdal

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

$ 1,299,900

Est. payment -/mo

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11121 ALTERRA WAY Woodruff, WI 54568

6 Beds

4 Baths

3,655 SqFt

UPDATED:

Key Details

Property Type Commercial

Sub Type Office

Listing Status Active

Purchase Type For Sale

Square Footage 3,655 sqft

Price per Sqft $355

MLS Listing ID 219858

Bedrooms 6

Full Baths 4

HOA Y/N No

Annual Tax Amount $4,781

Tax Year 2025

Lot Size 13.270 Acres

Acres 13.269996

Property Sub-Type Office

Property Description

Rare opportunity with 13.26 upland acres zoned All Purpose-Commercial in Arbor Vitae with approximately 1,000' of frontage on US Hwy 51! Conveniently located between Minocqua/Woodruff and Manitowish Waters/Boulder Junction, this versatile property offers exceptional highway exposure, easy access and a mix of mature woods and open fields. Three existing residences provide immediate income potential, including a newer year-round 3BR/2BA and a 2BR/1BA home currently operating as successful short-term rentals with strong reviews. An additional 1BR/1BA home is rented month-to-month and features a full unfinished basement. Flexible zoning opens the door to numerous residential and commercial possibilities, including multi-family development, storage, build-to-suit opportunities or continued rental use. Current owner has preliminary survey for 8 residential lots. Direct snowmobile trail access adds another Up North advantage. A unique investment and development opportunity in a highly visible Northwoods location!

Location

State WI

County Vilas

Direction From Minocqua, N on Hwy 51 just north of the Harley Dealership on the West side.

Rooms

Other Rooms Outbuilding

Interior

Heating Forced Air, Natural Gas, Other

Cooling Central Air

Flooring Carpet, Concrete, Laminate, Vinyl

Fireplace No

Exterior

Water Access Desc Drilled Well

Roof Type Composition,Metal,Shingle

Road Frontage Highway

Building

Lot Description Level, Private, Rural Lot, Secluded, Wooded

Sewer Conventional Sewer

Water Drilled Well

Additional Building Outbuilding

Others

Tax ID 2-628

Ownership None

Listed by REDMAN REALTY GROUP, LLC

NEARBY SCHOOLS & PROPERTIES

Rick Lovdal

Agent

+1(715) 891-5608

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