16061 296th St - Retail FOR SALE


Cornell, WI 54732
$1,490,000 USD
16061 296th St, Cornell, WI for Sale
$1,490,000 USD
Retail - FOR SALE
1/78
null | Request Cap Rate

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16061 296th St
Cornell, WI 54732


HIGHLIGHTS

  • Well-known waterfront resort and campground with a loyal customer base, strong repeat visitation, and multiple established income streams.
  • Income generated from bar and restaurant operations, banquet and event hosting, cabin rentals, RV campsites, boat storage, owner’s quarters rental
  • Exceptional setting on 18.63 acres with approximately 720 feet of frontage on spring-fed Pike Lake, a popular destination for boating, fishing
  • Features 40 seasonal and short-term RV campsites, providing recurring seasonal income and opportunities for future expansion.
  • On-site banquet and entertainment facilities support weddings, reunions, corporate gatherings, live music events, and private functions.
  • Approximately 3,700-square-foot pole building currently suited for boat and recreational vehicle storage rentals.

OVERVIEW

The Hidden Shady Nook Resort & Campground is a well-established lakefront hospitality property situated on 18.63 acres with 720’ of shoreline on beautiful spring-fed Pike Lake. Located just outside of Cornell and within easy reach of Chippewa Falls, Eau Claire, and Holcombe. This turnkey, income-producing property offers multiple revenue streams including bar/restaurant operations, event and banquet space, rental lodging, campground income, boat storage, and recreational rentals. Improvements include a 2BR/2BA owner’s quarters/rental (recently updated), 2 cozy rental cabins, large 3,700 sq ft. pole shed with boat storage rental potential, and 40 seasonal and short-term RV campsites. Property amenities include private concrete boat landing, 13 docks, sandy beach, kayak rentals, outdoor live music area, full bar and restaurant with lakeside deck dining, kids play area, summer children’s activities, scenic walking trails, and exceptional recreational access. Rare opportunity to acquire a popular, fully operational waterfront destination with strong repeat clientele and future expansion potential.

FOR SALE DETAILS

PRICE

$1,490,000 USD

PRICE/SF

$342 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

-

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY TYPE

Retail

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1930

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

2.52 AC

LAND SF

109,771 SF

ZONING

-

APN/PARCEL ID

23006-1443-70423001

ASK ABOUT THIS PROPERTY

Bryan RavenChippewa Valley Real EstateMore Info

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Bryan RavenChippewa Valley Real EstateMore Info

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