The Narrows Resort | 7952 Narrows Rd
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The Narrows Resort 7952 Narrows Rd
18 Room Hotel Minocqua, WI 54548 $7,725,740 CAD ($429,208 CAD/Room)
Investment Highlights
- Main Home/Office + 7 Lakeside Cabins.
- First time available in over 60 years!
- 30 + Acres on 945' of sandy Tomahawk Lake shoreline.
Executive Summary
The Opportunity of a lifetime on the shores of Tomahawk Lake in Minocqua, Wisconsin. It’s been ages since a Property of this stature could be obtained on the renowned Minocqua Chain. Active resort, originally established over 100 years ago, owned & operated by the same family since 1963. Expansive 945’ of sandy shores with sought-after southern exposure. Multi-Family Zoning. Minocqua lakefront legacy, located off Country Club Rd, at the end of a town road. Adjacent to State Lands & The Schlecht Lake Ski, bike & hike trails. Nearby The Minocqua Country Club & Lakeside Bar & Grill. Long driveway through the 30+ Acres, across a lakeside land bridge leads into the nostalgic resort that exudes the epitome of a Northwoods Currier and Ives vibe. Gambrel roofed main home / office built in the 1920s and 7 seasonal cabins tranquilly situated along the shoreline. Scenic walking trail leads to the back land & an open field that is prime for recreation or expansion.
Property Facts
| Price | $7,725,740 CAD | Lot Size | 30.30 AC |
| Price Per Room | $429,208 CAD | Building Size | 1,008 SF |
| Sale Type | Investment | No. Rooms | 18 |
| Property Type | Hospitality | No. Stories | 1 |
| Property Subtype | Hotel | Year Built | 1920 |
| Building Class | C | Corridor | Exterior |
| Price | $7,725,740 CAD |
| Price Per Room | $429,208 CAD |
| Sale Type | Investment |
| Property Type | Hospitality |
| Property Subtype | Hotel |
| Building Class | C |
| Lot Size | 30.30 AC |
| Building Size | 1,008 SF |
| No. Rooms | 18 |
| No. Stories | 1 |
| Year Built | 1920 |
| Corridor | Exterior |
Amenities
- Patio
- Public Access Wifi
- Smoke-Free
- Fully-Equipped Kitchen
Room Mix Information
| Description | No. Rooms | Daily Rate | SF |
|---|---|---|---|
| Suite | 7 | $189.63 CAD | - |
| Guest Room | 11 | $144.68 CAD | - |
PROPERTY TAXES
| Parcel Number | 01601-2350-0000 | Improvements Assessment | $314,330 CAD |
| Land Assessment | $2,463,591 CAD | Total Assessment | $2,777,921 CAD |
PROPERTY TAXES
Parcel Number
01601-2350-0000
Land Assessment
$2,463,591 CAD
Improvements Assessment
$314,330 CAD
Total Assessment
$2,777,921 CAD
zoning
| Zoning Code | Multi-Family |
| Multi-Family |
-
Adam Redman -
Redman Realty Group LLC
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The Narrows Resort | 7952 Narrows Rd
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