Investment Overview

Marcus & Millichap is pleased to present the exclusive opportunity to acquire Balsam Lake Lodge, a premier lakeside hospitality asset in western Wisconsin. This well-established property features a thriving bar and restaurant, boutique lodging, and direct waterfront access, making it a sought-after destination for both leisure travelers and event guests. With its prime location hour northeast of the Twin Cities and on the shores of Balsam Lake—one of Wisconsin’s most pristine and well-known lakes—the lodge offers multiple revenue streams, including upscale accommodations, on-site dining, and boat rentals. The combination of modern amenities, recent renovations, and a strong regional tourism base makes this an outstanding investment opportunity, with wedding bookings already up 15% for 2025, positioning the property for significant revenue growth. Balsam Lake Lodge comprises of 10 newly renovated luxurious suites, offering a mix of room types designed to accommodate a variety of guests. The main level features a well-known bar and restaurant with spacious outdoor patio seating, providing a lively atmosphere and scenic lake views. The property’s versatile event facilities cater to corporate retreats, holiday parties, weddings, and other private gatherings, adding to its year-round appeal. Guests enjoy premium amenities, including multiple boat slips, boat rentals, and direct access to the lake, making it a top choice for vacationers and weekend travelers. Originally built in 2004 and recently renovated in 2023, Balsam Lake Lodge presents a turnkey investment with minimal deferred maintenance. New ownership can capitalize on the property's strong brand presence while exploring growth opportunities such as enhanced marketing, dynamic pricing strategies, and expanded event programming. As an independent property, it offers operational flexibility without franchise restrictions, allowing investors to maximize profitability. Tourism in Balsam Lake is fueled by its natural beauty, abundant outdoor recreation, and easy accessibility from the Twin Cities, just over an hour away. As the largest lake in Polk County, Balsam Lake draws boaters, anglers, and water sports enthusiasts, while nearby trails support hiking, biking, and snowmobiling. Seasonal festivals, fishing tournaments, and local events further contribute to the area’s visitor traffic, ensuring consistent demand for lodging, dining, and entertainment. With its combination of high-end accommodations, an established food and beverage operation, and an unbeatable lakeside setting, Balsam Lake Lodge represents a rare investment opportunity in a thriving Wisconsin destination.