2542 8 1/4 Avenue Chetek, WI $ 1,950,000
2542 8 1/4 Avenue
$ 1,950,000
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2542 8 1/4 Avenue

Chetek, WI, 54728
$ 1,950,000
Bedrooms-- Baths-- Sq 5,768

Monthly Estimate*

$ 13,468

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Commercial Property for sale in Chetek, WI

for $1,950,000. This 5,768 square foot building was built in 1979 on a lot size of 1.9.

Gilligan’s presents an opportunity to acquire an iconic waterfront hospitality destination on the Chetek Chain of Lakes, bringing together five parcels and a diverse collection of real estate, business and recreational assets. At the heart of the operation is an established year-round restaurant and bar with a large, updated and well-equipped commercial kitchen, multiple indoor bar, dining and entertainment areas, and an upper seating loft. Outside, the seasonal Tiki bar, expansive lakefront patio, abundant seating, stage and extensive dock system create an inviting setting for dining, live entertainment, special events and guests arriving by water. Scenic lake views and a variety of gathering spaces appeal to local patrons, seasonal residents and visitors alike. Three guest accommodations extend the experience beyond the restaurant, including an adjacent four-season cabin and two waterfront lodging units offering convenient Northwoods stays and diversified revenue potential. A neighboring building, formerly operated as a store and now used for storage, adds valuable flexibility for continued storage, office use, renewed retail activity or future expansion, subject to applicable approvals. Two additional parcels provide employee, guest and overflow parking in support of the business operations. This multifaceted offering combines an established business identity, substantial infrastructure and a beautiful waterfront setting. Carry forward a recognizable Chetek destination and shape its next chapter.

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Commercial Active

Price

$ 1,950,000

Property Type

Commercial

Taxes

$ 19,720

Style

Lot Size

1.9

Year Built

1979

Town/City

Chetek

County/Region

Barron

MLS | Web ID

7142378

Features
General
Sewer Holding Tank Private Sewer
Heating Forced Air
Cooling Central Air
Utilities Electric Separate Heating Separate Hot Water Separate
Garage Spaces 0
Year Built 1979
View Lake
Levels One
Tax Year 2025
Current Use Hotel/Motel Restaurant Bar/Tavern
Gross Income 0
Waterfront Features Lake Front
Accessibility Doors 36 + No Stairs Internal
Additional Parcels Description 012422030000 012422036000 012422020000 012422041000
County Barron
Net Operating Income 0
Operating Expense 0
New Construction N
Property Type Commercial Sale
Contingency None
Directions From the City of Chetek: Travel North on 2nd St about 1 mile. Turn right after the bridge onto Pinegrove Ave. Property on the left. 44 miles north of Eau Claire 102 miles east of St. Paul 220 miles n
City Chetek
High School District Chetek-Weyerhaeuser Area
Zoning Description Shoreline Residential-Single Family
Number Of Units Total 4
Lot Size Units Acres
Land Lease Y/N N
Tax Annual Amount 19720.8
Additional Parcels Y/N Y
Virtual Tour https://view.fullreswi.com/order/6ee1155e-a5f9-4cde-2d66-08def6d4998f?version=72_013&branding=false
Standard Status Active
Lender Owned No
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Interior
Basement None
Basement (Y/N) N
Fuel Natural Gas
Waterfront Feet 154
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Exterior
Parking Features Attached Garage Asphalt
Water Source Drilled Well
Inclusions Building Business Fixture/Equipment
Lot Size Area 1.9
Building Area Total 5768
Lot Dimensions IRREGULAR
Waterfront Y/N Y
Foundation Area 5768
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Internal Only
Street Number 1 2542
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* Excluded Features
List By
Keller Williams Realty Diversified

Broker

j.amys@kw.com

Email

Affordability Calculator

$15,111
Per Month
89%
11%
0%
Monthly Principal & Interest
$13,468
Monthly Property Taxes
$1,643
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 7.375% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
3065319 Elementary School
3065294 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
9/17/2026$1,950,000 Listed Price

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2542 8 1/4 Avenue, Chetek, WI, 54728 is a Commercial Property for sale at $1,950,000 with 5,768 sqft and a lot size of 1.9. 2542 8 1/4 Avenue was built in 1979. The property's zip code is 54728 which is in Chetek, WI