5256 Hwy 51, Manitowish Waters, WI 54545
sale
$897,000
|
Other
Courtesy Of Redman Realty Group, LLC
Exceptional turn-key investment and lifestyle opportunity in the heart of Manitowish Waters. Seller financing available for qualified Buyers! This completely renovated 3,200+ sq. ft. community business zoned triplex combines modern luxury, flexible use, and exceptional Northwoods recreation. The property features three beautifully updated units with brand-new high-end furnishings, private exterior entrances, and secure interior connections - allowing the building to operate as three separate rentals or one expansive residential compound. A centrally located common laundry room supports convenient living or efficient rental turnover, while a private gated entrance adds security and privacy. The property is ideally situated near snowmobile trails, biking paths, and a local boat landing providing access to the renowned Manitowish Chain of Lakes for boating, fishing, and watersports. Adding significant versatility is close to an acre behind the building with its own independent access from Townline Road. The additional acreage offers space and potential for outbuildings, detached garages, boat/RV storage, or future development. Community Business zoning provides flexibility for a variety of potential uses, including residential, corporate or long-term rentals, short-term vacation rentals, boutique hospitality, professional office space, or a live/work configuration. Ideal for an investor, hospitality entrepreneur, owner-occupant, or multi-generational family seeking a unique Northwoods property with income and expansion potential. Offered at $897,000, with flexible owner-financing options available to qualified buyers. Great location on USH 51 and WI DOT shows 4,600 vehicles pass per day! A rare combination of luxury, versatility, recreation, and investment potential in one of Wisconsin's premier year-round destinations.
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Property Features
- Building Units: 3
- Cooling System: Central Air
- Exterior Type: LogSiding
- Exterior Type: Frame
- Exterior Type: Cedar
- Floor Covering: Vinyl
- Floor Covering: Wood
- Floor Covering: Tile
- Floors: 1
- Heating System: Hot Water(Heating)
- Heating System: Forced Air
- Heating System: Natural Gas
- Legal Description: PRTS NE SE & SE SE FKA 13-23 & 13-24
- MLSID: 219897
- Roof Type: Composition
- Roof Type: Shingle
- Rooms: Bathroom 4
- Rooms: Bathroom 5
- Rooms: Bathroom 2
- Rooms: Bathroom 3
- Rooms: Bathroom 1
- Rooms: Bedroom 3
- Rooms: Bedroom 2
- Rooms: Bedroom 1
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