10.19% Cap Rate | Popular Bar & Restaurant with Boutique Lodging
| Asking Price: | $3,495,000 |
SVN | Northco is pleased to present the sale of Balsam Lake Lodge & Restaurant, an established bar & restaurant with boutique lakeside lodging on beautiful Balsam Lake in northwestern Wisconsin ("Property"). The Property offers 10 luxurious suites including a variety of room types, and there is a well-known bar & restaurant with spacious outdoor patio seating on the main floor. The facilities on the Property are well suited for any number of events from corporate retreats to holiday parties and weddings. The Property is nestled on the shore of one of Wisconsin’s most pristine lakes and offers boat rentals and multiple boat slips.
Sale Highlights:
- Established bar & restaurant with ample outdoor seating
- 10 luxurious suites, built in 2021 with a selection of room types
- Located on the shore of one of Wisconsin’s most pristine and well-known lakes, Balsam Lake
- Amenities include boat rentals, multiple boat slips, on-site dining, banquet facilities, and more
- Development potential exists for new lodging units and/or amenities
BUSINESS LOCATION
