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5,768 sqft

$1,950,000

2542 8 1/4 Avenue, Chetek WI, 54728

Price per sqft$338.07
Built in1979
Property size5,768 sqft
Property typeCommercial
Courtesy of Keller Williams Realty Diversified, Joshua Amys

Overview

Active

Listed Sep 17, 2026

Updated 4 weeks ago

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.

Other Property Details

Taxes
$13,721
Tax Frequency
Annually
Waterfront
Yes
55+/Senior Community
No

Courtesy of Keller Williams Realty Diversified, Joshua Amys

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