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Jim's Shady Nook Resort and Campground

Resort & Campground with Business for Sale | 836,352 SF

Listing Contacts

Active

Asking Price: $1,300,000
Listing Broker NameGrant Peikert
Address 

16061 296th St, Cornell, WI 54732

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Date Added
Aug 14, 2024
Days on Market
216 days
Time Since Last Update
40 days

Details

Property TypeHospitality, Land, Business for Sale
SubtypeBusiness and Building
Investment TypeOwner/User
Square Footage836,352
Price/Sq Ft$1.55
Pro-Forma Cap Rate10.01%
Occupancy100%
Occupancy Date08/14/2024
Pro-Forma NOI$130,133
Buildings5
Stories1
Zoningun zoned
Lot Size (acres)19.2

Marketing Description

Nestled on the pristine banks of Pike Lake in beautiful Cornell, Wisconsin, Jim’s Shady Nook Resort & Campground is a rare opportunity to own a thriving business in the Northwoods.​ 40 RV Sites: Spacious and well-maintained, these sites cater to both seasonal and short-term campers.​ Two Cozy Cabins: Looking for a peaceful getaway, these cabins are a popular choice for guests seeking a more private stay.​ Main Residence: Live where you work! Large Bar & Grill with Banquet Hall: fully equipped facility is perfect for hosting events.​ 1666 Feet of Shoreline: With breathtaking views and easy access to Pike Lake, guests can enjoy boating, fishing, and swimming.​ Future Expansion Potential: With nearly 20 acres at your disposal, there’s plenty of room to grow.​ Jim’s Shady Nook Resort & Campground is more than just a business; it’s a lifestyle.​ Step into a thriving enterprise with a proven track record and make your mark on this stunning piece of Wisconsin’s natural beauty.​

Investment Highlights


Jims Shady Nook Resort and Campground has been owned and operated for the past 10 years by the same owner. The owner has established long term clients. Finacial's will be shared with signed NDA. The business and Real Estate are being sold together. Jim will be present for all showing and show you and your clients around. There will be no showings Friday or Saturdays but feel free to come a customer and feel the experience of the busy time! With room to expand and rents under market this could be a great owner occupied Invesment opportunity or hire a manager and add this asset to your portfolio without having to run the day-to-day business.

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Due Diligence

Due diligence information will be provided.
Please reach out to the listing contacts for details.

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Listing Contacts


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Broker Name
Grant Peikert
Broker License
938855 - 91
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