8915 Pickerel Lk Rd Pickerel, WI 54465-9369
Schuh's Sportsman's Lodge, a renowned Pickerel, WI landmark, presents an exceptional investment opportunity. This established business, operating successfully for over 50 years, offers four rentable three-season cottages situated on a 1.57-acre lot. The property boasts approximately 875 feet of stunning waterfront access to both Pickerel Lake and Crane Lake, providing unparalleled recreational opportunities. Its prime location offers direct access to popular snowmobile and ATV/UTV trails, attracting outdoor enthusiasts year-round. The property's legacy is further enhanced by its association with the world-famous Pickerel Lake Jump In, a long-standing community event that draws significant visitor traffic. The 2,100 square foot main lodge and cottages provide ample space for lodging and potential expansion. This turnkey operation is ideally suited for an investor seeking a profitable, established business in a highly desirable Northwoods location. The property's unique combination of waterfront access, recreational opportunities, and established reputation presents a rare chance to acquire a thriving business with significant growth potential. The asking price is $375,000.
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Jerry Schuh's Sportsman's Bar & Pub
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2023Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Property description
Physical attributes from public recordsZoning & alternative use
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.