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$1,189,000

1 Beds 1 Baths 4,359 SQFT 18.63 Acres
Type: Commercial

16061 296th Street
Cornell, WI 54732

MLS#: 7155433
Matt Cullen
Matt Cullen
The Real Estate Advantage
Realtor
Phone: 952.454.7158
Office: 763.755.1100
Presented by: Chippewa Valley Real Estate, L

Property Description

 

Shady Nook Resort & Campground presents a rare opportunity to acquire an established lakefront resort and campground property situated on 18.63 acres with approximately 720 feet of shoreline on beautiful, spring-fed Pike Lake. Located just outside Cornell and within easy reach of Chippewa Falls, Eau Claire, and Holcombe, the property offers substantial existing infrastructure and multiple potential revenue streams for a new owner. Improvements include a full bar and restaurant with lakeside deck dining and event/banquet space, a recently updated 2-bedroom, 2-bath owner’s quarters or rental, two cozy rental cabins, a 3,700-square-foot pole building with boat storage rental potential, and 40 seasonal and short-term RV campsites. Additional amenities include a private concrete boat landing, 13 docks, sandy beach, outdoor live music area, children’s play area, scenic walking trails, and direct access to a large ATV/UTV trail system plus other recreational opportunities surrounding Pike Lake. The business is currently closed, providing a new owner the opportunity to reopen and reestablish the resort and campground operation, reposition the property, or explore additional uses and future expansion. With extensive waterfront, established improvements, campground infrastructure, and a desirable recreational setting, Shady Nook offers a unique opportunity to bring a well-known Pike Lake destination back to life.


 

Interior Features

Bedrooms

Total Bedrooms1

Bathrooms

Total Baths1

Other Interior Features

BasementCrawl Space, Full
Basement (Y/N)Yes
Ceiling HeightVaried Heights
Foundation DimensionsBar & Grill 54 x 54, Cabin #1 14 x 12, Cabin #3 18
FuelElectric, Other, Propane
Garage Dimensions40 x 80
Garage Square Feet3700
Waterfront Feet720

General

AccessibilityOther
Additional Parcels Description23006231203500000
Additional Parcels Y/NYes
Amenities UnitDeck, Dock, Other
AppliancesDishwasher, Range, Refrigerator, Stainless Steel Appliances, Wall Oven
Carport Spaces0
CityCornell
Construction MaterialsBlock, Stone
ContingencyNone
CoolingCentral Air, Wall Unit(s), Window Unit(s)
CountyChippewa
Current UseResidential, Restaurant, Resort, Bar/Tavern
DirectionsHead East on Hwy 29 and exit onto WI-27 / N Highway 27 at Cadott. Turn right onto County Highway O / County Hwy-O. Turn left onto County Highway D / County Hwy-D. Turn left onto 157th Ave. Turn right
Garage Spaces2
HeatingForced Air
High School DistrictCadott Community
Land Lease Y/NNo
Lender OwnedNo
LevelsOne
Lot Size UnitsAcres
New ConstructionNo
Number Of Units Total40
Pool FeaturesNone
Possible UseRestaurant, Income, Lounge/Bar, Motel/Hotel
PostalCityCornell
Property TypeCommercial Sale
RoofAge Over 8 Years, Metal
SewerHolding Tank, Private Sewer, Septic System Compliant - Yes, Tank with Drainage Field
Standard StatusActive
Tax Annual Amount$6,633
Tax Year2025
UtilitiesElectric Common, Heating Common, Hot Water Common
ViewLake
Waterfront FeaturesLake Front
Year Built1965
Zoning DescriptionBusiness/Commercial, Shoreline

Exterior

Building Area Total4,359 sqft
FencingNone
Foundation Area4,359 sqft
InclusionsBuilding, Business, Fixture/Equipment, Land
Lot FeaturesAccessible Shoreline
Lot Size Area18 sqft
Parking FeaturesGravel, Asphalt, Unassigned
Road Frontage TypePrivate Road, Township
Water SourceShared System, Well
Waterfront Y/NYes

Additional Details

Price History

Schools 

High School N/A
Middle School N/A
Elementary School N/A

  

Similar Properties

$1,189,000

1 Beds 1 Baths 4,359 SQFT 18.63 Acres
Type: Commercial

16061 296th Street
Cornell, WI 54732

MLS#: 7155433
Matt Cullen
Matt Cullen
The Real Estate Advantage
Realtor
Phone: 952.454.7158
Office: 763.755.1100