264 County Road IBalsam Lake, WI 54810

This exceptional hospitality property, located at 264 County Rd I, Balsam Lake, WI 54810, presents a lucrative investment opportunity. The 13,000 square foot establishment, built in 2004, sits on a 3.17-acre lot and boasts five buildings with two stories each. The property includes a popular bar and restaurant with a spacious outdoor patio, perfect for events. Ten luxurious suites offer a variety of room types, catering to diverse guest needs. Additional amenities include boat rentals and multiple boat slips, taking full advantage of its prime location on Balsam Lake. The property is zoned G2-Commercial (APN: 106-00376-0000) and offers significant development potential for additional lodging units or amenities. The current asking price is $3,495,000, with a compelling 10.19% cap rate. This well-established business is ideally suited for corporate retreats, holiday parties, weddings, and other events. The property's prime lakeside location and diverse offerings create a unique and highly desirable investment opportunity.