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    W15010 County Road D Chetek, WI 54728

    For Sale
    $825,000

    Profitable Turnkey Resort on Potato Lake

    Property size:
    1,748 SF

    Description

    Added:
    Feb 3, 2025
    Days on Market:
    307
    This exceptional 7.92-acre commercial property, located at W15010 County Road D, Chetek, WI, presents a unique investment opportunity. The Narrows Resort boasts a prime lakeside location on Potato Lake, offering 534 acres of water for recreation. The property includes a bar/kitchen with attached living quarters, five cabins, and eighteen RV campsites, all generating consistent rental income. Ample dock space and boats are available for guest use. Additional land allows for expansion of the RV campsites. Supporting amenities include a fish cleaning house and a bathroom/shower house. The resort caters to a variety of recreational activities, including fishing, snowmobiling, and ATV riding, ensuring year-round appeal. With a total of 1,748 square feet of existing building space, this turnkey operation is ready for a new owner to continue its success or further develop its potential. The property's idyllic setting and diverse recreational offerings make it an attractive destination for families, couples, and individual travelers seeking a Northwoods getaway. This is a rare chance to acquire a thriving, established resort in a highly desirable location. The asking price is $825,000.

    Property Features for W15010 County Road D

    General Information

    Property type
    Other commercial real estate
    Square Feet
    1,748 SF
    Lot Size
    344,995 SF
    Property Profile Location Intelligence

    Current Use by Public Records

    Narrows Resort Resort Hotel

    Suggested Use

    Food Market Grocery Store Auto Repair Shop Pet Grooming Service

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Chetek
    County
    RUSK
    State
    Wisconsin
    Longitude
    -91.44356
    Latitude
    45.31528

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    FAQs

    What type of property is this?
    Commercial real estate - Profitable Turnkey Resort on Potato Lake
    Where is this commercial real estate located?
    The property is located at W15010 County Road D Chetek, WI.
    What is the asking price?
    The asking price for this property is $825,000.
    (715) 514-1806
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    W15010 County Road D Chetek, WI 54728
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

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    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    W15010 County Road D Chetek, WI 54728
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