Conveniently located just ½ mile from downtown Minocqua, this rare property combines an affordable year-round home with an income-producing 8-unit storage building. Situated on a level lot with mature trees, a spacious yard, and a surprisingly private feel, this well-maintained home offers comfortable living with an attached large sun deck, municipal water and sewer, natural gas forced-air heat, first-floor laundry, and a cozy gas fireplace. An unfinished partial basement provides additional storage space and includes a second washer and dryer. The generous yard offers plenty of room for outdoor entertaining, recreation, gardening, or simply enjoying the Northwoods setting. The detached 26'x80' storage building features 8 individual units, creating excellent rental income potential while also offering abundant space for personal storage, recreational equipment, hobbies, or business use. Whether you're seeking an affordable Northwoods residence, retirement retreat, or investment opportunity, this property offers flexibility, value, and a highly desirable location near downtown shopping, popular dining establishments, the Minocqua Lake Chain, and year-round recreation.