1085N County F Unit #26 hwy - Specialty FOR SALE


Birchwood, WI 54817
$775,000 USD
715-558-2866
1085N County F Unit #26 hwy, Birchwood, WI for Sale
$775,000 USD
Specialty - FOR SALE
1/37
null | Request Cap Rate

1085N County F Unit #26 hwy
Birchwood, WI 54817


HIGHLIGHTS

  • Located on the east bank of Birch Lake and just two miles from downtown Birchwood, WI
  • In-ground lake-side heated pool, boat docks, fish house, poolside bathrooms
  • Detached 2-car garage
  • 3 bedroom, 1 bathroom owner's apartment is on the upper level.

OVERVIEW

This fine restaurant and bar is located in Northwest WI on the east bank of Birch Lake and just two miles from downtown Birchwood. Considered one of the area's most popular eating establishments, it has been operated by the Baribeau family for 40 years. The bar & grill includes a fully equipped kitchen, inside dining for 42 and lakeside seating for 52, game room, in-ground lake-side heated pool, boat docks, fish house, poolside bathrooms, detached double garage and storage unit. The 3 bedroom, 1 bathroom owner's apartment is on the upper level. Owners also manage other cabins. Birch Lakes Resort Condominium consists of the Restaurant/Living Quarters (Unit 26), Two cabins (Units 27 & 28) and 25 permanent camper sites. The property is located near the Tuscobia Trail and Snowmobile/ATV Trails 25. If you like to fish, the lake features Panfish, Largemouth Bass, Smallmouth Bass, Northern Pike and Walleye. Birch Lake is connected via a channel to 2400-acre Lake Chetac. This listing is for Unit 26 and includes the restaurant/bar business, all furniture, fixtures and equipment with a few personal property exceptions; a complete list is available. Current Association fee is $750/mo for five months (May-Sept) for total of $3750/year. Owner's personal property in the upper level is excluded. Owner currently manages cabin rentals for units 2, 5, 6, 8 & 9 in the original Condo Assn. Financial information provided upon receipt of Buyer's pre-approval letter or proof of funds and a signed Confidentiality Agreement. Some initial renovations in 1986. Put an addition on the house around 1987/88. Put a new roof line on in the 1990s. New commercial kitchen in 2022. Upstairs porch was put on in the 1990s.

FOR SALE DETAILS

PRICE

$775,000 USD

PRICE/SF

$277 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

-

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY NAME

Birch Lakes Resort - Bar/Restaurant

PROPERTY TYPE

Specialty

TOTAL BUILDING SIZE

-

STORIES

2

BUILDING CLASS

-

YEAR BUILT

1950

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.4 AC

LAND SF

17,424 SF

ZONING

Residential/Recreational

APN/PARCEL ID

45901

ASK ABOUT THIS PROPERTY

Jeremy MavisWoodland Developments & RealtyMore Info
715-558-2866

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.

Jeremy MavisWoodland Developments & RealtyMore Info
715-558-2866

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.