11121 Alterra Way, Woodruff, WI 54568
sale
$1,299,900
|
Office
Courtesy Of Redman Realty Group, LLC
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!
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Property Features
- Cooling System: Central Air
- Exterior Type: Frame
- Exterior Type: WoodSiding
- Floor Covering: Vinyl
- Floor Covering: Laminate
- Floor Covering: Carpet
- Floor Covering: Concrete
- Heating System: Forced Air
- Heating System: Natural Gas
- Legal Description: PRT GOVT LOT 2
- MLSID: 219858
- Roof Type: Composition
- Roof Type: Metal
- Roof Type: Shingle
- Rooms: Bedroom 6
- Rooms: Bedroom 5
- Rooms: Bedroom 4
- Rooms: Bathroom 4
- Rooms: Bathroom 2
- Rooms: Bathroom 3
- Rooms: Bathroom 1
- Rooms: Bedroom 3
- Rooms: Bedroom 2
- Rooms: Bedroom 1
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