Hospitality

Butternut, WI Hospitality Properties for Sale

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Park Falls, WI Glidden, WI Fifield, WI Mercer, WI Phillips, WI Mellen, WI
Lakefront Resort with Cabins
Updated: Jun 25
Lakefront Resort with Cabins

11633 LAKEVIEW DR, Butternut, WI 54514

$849,000
2.70 AC lot
Approximately 2.7 acres with 190'+/- of frontage on Butternut Lake
Four cabins: one 3BR/1BA, one 1BR plus loft/1BA, and two studio cabins with lofts and bathrooms
Sale includes real estate, business, restaurant equipment, furnishings, fixtures, business assets, and cabin contents
Lakefront restaurant and tavern with patio and multiple piers
Located on ATV and snowmobile routes
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Waterfront Mixed-Use Property
Updated: Oct 22
Waterfront Mixed-Use Property

11633 Lakeview Dr, Butternut, WI 54514

$849,000
2,470 sqft 2.70 AC lot
Approximately 2.7 acres with 190'+/- of frontage on Butternut Lake
2,470‑square‑foot property includes a restaurant and tavern
Four cabins: one 3BR/1BA, one 1BR plus loft/1BA, and two studios with lofts and bathrooms
Sale includes real estate, business, restaurant equipment, furnishings, fixtures, business assets, and cabin contents
Multiple piers and a lakeside patio
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2 active listings match your search: Hospitality for sale in Butternut, WI. Based on your search, we've also compiled 4 Potential Opportunities for your consideration: 4 properties in nearby cities.

Opportunities in Nearby Cities

Here are 4 Similar properties we found in Nearby Locations for your consideration.

Campground with Bar and Grill
Campground with Bar and Grill

5354 Lake Winter Road, Winter, WI 54896

$775,000
3,419 sqft 5.00 AC lot

A 33-site operation includes a bar and grill, guest amenities, and on-site living quarters.

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Multi-Building Hotel Property
Multi-Building Hotel Property

914 4TH AVE, Park Falls, WI 54552

$349,900
3,526 sqft

Lodging property with furnished studios, apartments, cabins, and renovation potential across multiple buildings.

View details
Waterfront Resort and Campground
Waterfront Resort and Campground

W770 Wind Song Lane, Park Falls, WI 54552

$2,450,000
17.00 AC lot

Four-season recreational property with cabins, campsites, dining, boating access, and multiple on-site guest amenities.

View details
Campground with Lodge
Campground with Lodge

5354 N LAKE WINTER RD, Winter, WI 54896

$775,000
5.00 AC lot

The property pairs campground facilities with a bar and grill, game room, and on-site living quarters.

View details

Butternut, WI Hospitality Properties Market Trends and Statistics

Explore 2 hospitality properties for sale in Butternut, WI on our real estate platform. These investment opportunities span a total of 2,470 square feet of properties for sale, with an estimated market value of $1,698,000.

Sale prices for hospitality properties in Butternut, WI average $849,000 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

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Top Commercial Asset Segments

Commercial property segments ranked by active listings on the market

Resorts 4
Campgrounds 1

Demographics Overview

Population 1,810
Population Growth (5Y) +2.4%
Median Household Income $73,875
College Educated 28.0%

High-Yield Neighborhoods for Investment

Identify Butternut submarkets with the highest inventory density on the market and evaluate the average listing prices of real estate assets

Neighborhood Average Price
54514 $1.2M

Taxes & Financing

Tax Rate (average for all types) 1.55%
Tax Rate vs County Average 0.88 pp below county avg
Average Loan-to-Value 65.0%

Listings Trend

New vs delisted commercial listings in Ashland County

New Delisted

Total CRE Inventory on Market (SF)

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