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Property profile & analytics
OFF-MARKET
Commercial real estate

8915 Pickerel Lk Rd Pickerel, WI 54465-9369

0.58 ac lot
Individually Owned 1-yr Hold Free & Clear
Property ID
US92-1450267
Property summary
AI-generated overview

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.

Property profile
Verified
Property type Commercial real estate
Use group COMMERCIAL (GENERAL)
Lot 0.58 ac (25,091 SF)
APN 022-01781-0000
UPID US92-1450267
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
Current use
Occupant on record · Public records
  • Jerry Schuh's Sportsman's Bar & Pub
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
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Comparable Approach Comparable
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Blend (final) Blend
by Request
Owner & transaction history
Earl J Mulpueen · 1 yrs held
Earl J Mulpueen
since 2025
1 recorded transaction
2025
$305,000
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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