Property profile

W15010 County Road D Chetek, WI 54728

OFF-MARKET
Commercial real estate
1,748 SF 7.92 ac lot
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Property summary

AI-generated overview

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 profile

Verified
Property type Commercial real estate
Total area 1,748 SF
Lot 7.92 ac (344,995 SF)

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • Hotel & Motel Resort

Location

W15010 County Road D Chetek, WI 54728
Chetek metro
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Value estimations

Realmo proprietary · 4 methods
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Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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