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Property profile & analytics
OFF-MARKET
Commercial real estate

W2928 Gruenhagen Rd Birchwood, WI 54817

5,787 SF 1.3 ac lot
Property ID
Property summary
AI-generated overview

This exceptional investment opportunity presents a fully operational and profitable resort nestled on the shores of Long Lake in Birchwood, Wisconsin. The property encompasses 1.3 acres and boasts a total of 5,787 square feet of space distributed across nine cabins, providing sleeping accommodations for 22 guests. Recent extensive renovations have significantly enhanced the property's appeal and functionality. Improvements include new composite decks and railings, LP siding, updated windows, luxurious vinyl plank and carpet flooring throughout, new roofing on all structures, remodeled cabin kitchens, fresh interior paint, renovated bathrooms (some), and the installation of new AC/heat mini-split systems. Electrical wiring has also been completely updated. The resort also features newly constructed docks and a fish house. Guests enjoy access to a large, existing bar area, perfect for social gatherings. Ample parking is available in a large overflow lot situated across the road. The property's prime location on the 19-mile Long Lake offers unparalleled recreational opportunities, including 10 miles of undeveloped shoreline ideal for fishing and swimming. Nearby amenities include boat-up bars and restaurants, a golf course, and a marina. The surrounding area is also a haven for ATV and snowmobile enthusiasts, further enhancing the property's appeal. The resort is being sold as-is, excluding the Sunset Bar. This is a rare chance to acquire a thriving business with significant upside potential in a highly desirable recreational location. The asking price is $1,985,000.

Property profile
Verified
Property type Commercial real estate
Total area 5,787 SF
Lot 1.3 ac (56,628 SF)
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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