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Improved Commercial Land for Sale in Chetek, Wisconsin

2542 8 1/4 Ave, Chetek, WI 54728

$1,950,000
1.9 acres
Active sale
ago
Est $11,106/mo

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.

5,768
Sq feet
1979
Built

Location

Street address
2542 8 1/4 Ave
Zip code
54728
School district
Chetek-Weyerhaeuser Area
Elevation
1,042 feet
Coordinates
45.3259, -91.6347

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 north of Madison and 117 miles south of Duluth.

Property details

Acreage
1.895 acres82,546 sq ft
Zoning
Recreational, Residential, Shoreline
MLS #
RANW 1605022
Posted

Property taxes

2025
$13,721

Parcels

  • 012-4220-34-000

Details and features

Listing

Type
Commercial Sale
Franchise
Keller Williams Realty

Lot

View
Lake

Structure

Water
Well
Sewer
Holding Tank, Private Sewer, Septic Tank
Heating
Forced Air
Cooling
Central Air
Materials
Cement Siding, Wood Siding

Interior

Flooring
Carpet
Accessibility
Accessible Approach With Ramp
Features
Furnished, Handicap Access

Listing history

DateEventPriceChangeSource
Sept 17, 2026New listing$1,950,000RANW
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This 1.895-acre property is located at 2542 8 1/4 Ave in Chetek, WI 54728. The property is available for sale, priced at $1,950,000. It has a 5,768 square foot structure built in 1979.

Listed by Keller Williams Realty Diversified, (715) 514-4265

Checked 1 hour agoUpdated Source

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