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2542 8 1/4 Avenue Chetek, WI

$1,950,000 | MLS #1605022

2542 8 1/4 Avenue ,  Chetek,  WI
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Property Description:

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.

Directions:

From the City of Chetek: Travel North on 2nd St about 1 mile. Turn right after the bridge onto Pinegrove Ave. Property on the left. 44 miles north of Eau Claire, 102 miles east of St. Paul, 220 miles north of Madison and 117 miles south of Duluth.

LISTING OFFICE:

Keller Williams Realty Diversified

Property Details

County

Barron

School District

Chetek-Weyerhaeuser Area

Above Grade

5,768 sq. ft.

Below Grade

0 sq. ft.

Year Built

1979

Age

47 yrs old

Style

Commercial

Property Type

CommercialSale

Lot Size

0 x 0 x

Acreage

1.895 acres

Property Taxes

$13,720.80

Tax Year

2025

Features

Basement

None

Cooling

CentralAir

Exterior

CementSiding, WoodSiding

Heating

ForcedAir

Interior Features

Furnished, HandicapAccess

Lake

Pokegama

Lake Size

505 acre

Roads

CountyRoad

Sewer

HoldingTank, PrivateSewer, SepticTank

Water

DrilledWell

Zoning

Recreational, Residential, Shoreline

NED DONNELLAN

Owner/Broker: CCIM, GRI

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NW WI MLS The data relating to real estate for sale on this web site comes in part from the Internet Data Exchange program of the NW WI MLS. Real estate listings held by brokerage firms other than Donnellan Real Estate are marked with the NW WI MLS icon. The information, provided by seller, listing broker and other parties, may not have been verified.

DISCLAIMER: This information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. This data is updated every business day. Some properties which appear for sale on this web site may subsequently have sold and may no longer be available.
This data is current as of: Monday, September 21st, 2026
Copyright © 2026 Northwestern Wisconsin MLS Corporation. All rights reserved.

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