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Legacy lakefront on Tomahawk Lake, the King of Lakes, in Minocqua, Wisconsin. This dignified property has been extremely well maintained and recently updated. 1.45 acres w/ 338’ of frontage, features a blacktop driveway down to the sand beach. Western views w/ sunsets over State Owned Shoreline across the lake. Currently set up as 4 condos, the entire property is included. The 2 story main home offers 3 bedrooms & 2 renovated bathrooms, well appointed kitchen, lakeside sunroom, Northwoods iconic living room, deck and three season room. 3 fully furnished and well maintained lakeside cabins. List of recent improvements available; including electrical, plumbing, mechanicals, landscaping, etc. Multiple docks along the expansive shoreline. Outbuildings include a 2 car garage w/ game room, workshop, laundry room and a newer 3 car detached garage. Whether continuing as a Resort, selling as individual condos, establishing a generational legacy lakefront estate or corporate retreat; this is an extremely rare opportunity on the renowned Minocqua Chain of lakes!

Highlights

  • Commercial Sale
  • Hotel/Motel
  • Waterfront
  • 143 days on Market

  • Construction Materials
    Frame, Cedar, Stone
  • Parking Features
    Driveway, Private, Unpaved, Shared Driveway
  • Flooring
    Vinyl, Carpet, Wood
  • Cooling
    Wall/Window Unit(s)
  • Heating
    Baseboard, Electric, Propane

  • Lot Features
    Wooded, Sloped, Waterfront
  • Water Front Features
    Lake Front
  • Water Front
    Yes


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Frequently Asked Questions

How do I schedule a tour of 8971 Thoroughfare Rd?

We can make that happen quickly. Click Tour This Home and we'll connect you directly with our vetted local partner to schedule your visit to 8971 Thoroughfare Rd.

They know commercial sales in the area well and can give you the guidance you need to buy with confidence.

How do I get more information about 8971 Thoroughfare Rd?

Click Ask a Question to talk with our team. You already know it is a N/A bed, N/A bath, listed for $3,100,000. We can talk through recent upgrades, potential seller motivation, how this hotel/motel compares to others in Minocqua, and can even get you in to see the property quickly.

How much is the monthly mortgage payment for 8971 Thoroughfare Rd?

With a 20% down payment and a 30-year fixed loan at an illustrative 7.25% rate, the ez Mortgage Calculator estimates the monthly payment for 8971 Thoroughfare Rd at around $18,395. This includes estimated property taxes and insurance.

Want to see how this changes with different down payments or interest rates? Jump to the calculator to run the numbers and fine-tune your plan.

How do I get pre-approved to buy 8971 Thoroughfare Rd?

Stand out in a competitive market by getting pre-approved today. Our quick and private pre-approval process helps you understand your true buying power—no credit pull required to explore all of your options.

Or, let us connect you with our preferred local lender in Oneida County. They will give you all of your available financing options, based on your specific situation and what is available to you.

Can I negotiate the asking price for 8971 Thoroughfare Rd?

In most cases, yes. Whether 8971 Thoroughfare Rd is priced competitively or not, your best offer depends on your personal situation, the seller's timeline, and recent activity in Minocqua's market. Our preferred local partner will help you craft a strategy—factoring in comparable properties that have sold, timing, and deal structure—to make a smart, strong offer. Click here to ask about negotiation opportunities.

How do I make an offer on 8971 Thoroughfare Rd?

We can handle that for you. Our preferred local agent specializes in commercial sales in Minocqua and can guide you through every step of the offer process.

You need an expert who is looking out for your best interests. From market valuation to contingencies and timing, they'll help you present a compelling offer that fits your goals. Click Ask a Question to get started today.

What is the price per square foot for this home?

This home is listed at $3,100,000 with 4,220 sqft of space—that comes out to approximately $735 per square foot.

How long has this property been on the market?

8971 Thoroughfare Rd was listed on June 22, 2026, which means it's been on the market for 143 days.

Want to keep tabs on it? Click the ♥ to favorite this home and get notified of price drops or changes.

What are the property taxes for 8971 Thoroughfare Rd?

The most recent public record shows annual property taxes for 8971 Thoroughfare Rd were approximately $9,045. This may change with reassessment or exemptions. Our local partner can verify current tax amounts and help you estimate future costs based on your situation.

Is 8971 Thoroughfare Rd still available for sale?

Yes, this home is still available! Click the ♥ to favorite it so you don't miss any changes—or ask our local expert to schedule a time to see it in person.

Source: ez Home Search, MLS Data

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Listing information provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information deemed reliable but not guaranteed by the MLS. The listing broker’s offer of compensation is made only to participants of the MLS where the listing is filed. Copyright 2026, Greater Northwoods MLS. All rights reserved.

Last Updated: November 12, 2026 at 05:04PM | Source: Greater Northwoods MLS | MLS#: 218009