For Sale: Chetek MLS# 7142378
Active
NEW!
$1,950,000
Commercial: 1 Story
Built 1979
1.9 acres
Chetek-Weyerhaeuser schools
MLS# 7142378
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Property Description
Gilligan’s presents an opportunity to acquire an iconic waterfront hospitality destination on the Chetek Chain of Lakes, bringing together five parcels and a diverse collection of real estate, business and recreational assets. At the heart of the operation is an established year-round restaurant and bar with a large, updated and well-equipped commercial kitchen, multiple indoor bar, dining and entertainment areas, and an upper seating loft. Outside, the seasonal Tiki bar, expansive lakefront patio, abundant seating, stage and extensive dock system create an inviting setting for dining, live entertainment, special events and guests arriving by water. Scenic lake views and a variety of gathering spaces appeal to local patrons, seasonal residents and visitors alike. Three guest accommodations extend the experience beyond the restaurant, including an adjacent four-season cabin and two waterfront lodging units offering convenient Northwoods stays and diversified revenue potential. A neighboring building, formerly operated as a store and now used for storage, adds valuable flexibility for continued storage, office use, renewed retail activity or future expansion, subject to applicable approvals. Two additional parcels provide employee, guest and overflow parking in support of the business operations. This multifaceted offering combines an established business identity, substantial infrastructure and a beautiful waterfront setting. Carry forward a recognizable Chetek destination and shape its next chapter.
Listing
Listing Status:
Active
Contingency:
None
List Price:
$1,950,000
Property Type:
Commercial
City:
Chetek
Garage Spaces:
0
County:
Barron
Year Built:
1979
State:
WI
Property Style:
1 Story
Zip Code:
54728
Interior
Basement Details:
None
Exterior
Stories:
One
Garage Spaces:
0
Air Conditioning:
Central Air
Foundation Size:
5,768 ft2
Handicap Accessible:
Doors 36"+, No Stairs Internal
Heating System:
Forced Air
Parking Features:
- Asphalt
- Attached Garage
Lake & Waterfront
Waterfront Present:
Y
Waterfront View:
Lake
WF Frontage:
154
Waterfront:
Lake Front
Lot & Land
Acres:
1.9
Geolocation:
45.325431, -91.633987
Inclusions:
Building, Business, Fixture/Equipment
Lot Dimensions:
IRREGULAR
Addl Parcels:
012422030000, 012422036000, 012422020000, 012422041000
Zoning:
- Residential-Single Family
- Shoreline
Schools
School District:
1080
District Phone:
7159242226
Financial & Taxes
Tax Year:
2025
Annual Taxes:
$19,721
Lender-owned:
No
Assessment Pending:
No
Taxes w/ Assessments:
$19,721
Income
Annual Gross Income:
None
Rent
Annual Net Income:
None
Units
Total Units:
4
Miscellaneous
Current Use:
- Bar/Tavern
- Hotel/Motel
- Restaurant
Fuel System:
Natural Gas
Owner Occupied:
Yes
Sewer System:
- Holding Tank
- Private Sewer
Available Utilities:
- Electric Separate
- Heating Separate
- Hot Water Separate
Water System:
- Drilled
- Well
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Local Home Mortgage Professionals
Eric Bloomstrand
Branch Sales Manager
Fairway Home Mortgage NMLS#274211
612-961-2600
Eric Bloomstrand is a Branch Sales Manager at Fairway Home Mortgage with 30+ years of experience in the mortgage banking services industry. Eric has extensive skills in construction loans, FHA financing, VA loans, USDA, and first-time buyer down payment assistance programs. He is a well-qualified finance professional with a Bachelor of Science focused in Finance and Marketing from Minnesota State University, Mankato. Helping individuals acquire their dream home is his passion.
Connect with Eric today to get started with your home purchase!
Listing provided by RMLS,
courtesy of Keller Williams Realty Diversified.
Disclaimer: The information contained in this listing has not been verified by TheMLSonline.com and should be verified by the buyer.
Disclaimer: The information contained in this listing has not been verified by TheMLSonline.com and should be verified by the buyer.