Butternut, WI
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    Butternut, WI Hospitality Properties for Sale

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    Park Falls, WI Fifield, WI Glidden, WI
    Turnkey Resort on Turtle Flambeau
    $1,570,000
    1,500 SF
    Turnkey Resort on Turtle Flambeau

    2974N HIAWATHA RD, Butternut, WI 54514

    Established resort with cabins, bar, grill, and lake access.
    • Donner's Bay Resort on lakefront Turtle Flambeau Flowage, with 6 updated year‑round rental cabins plus an owners home
    • 1500 SF bar & grill with lake view, new kitchen equipment and new furniture, plus fireplace and a large game room
    • Up‑to‑code gas pump and a private boat launch, with 8 new aluminum roll‑in piers
    • Sand beach plus fish cleaning house and bait shop for guest convenience
    • On‑site recreation includes sand volleyball court, basketball, and playground, along with 3 campsites
    Updated: May 26
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    Waterfront Restaurant and Cabins
    $849,000
    2.70 Acres
    Waterfront Restaurant and Cabins

    11633 LAKEVIEW DR, Butternut, WI 54514

    Own a Northwoods waterfront operation with on-site dining, multiple cabins, and direct access to Butternut Lake.
    • Approx. 2.7 acres with 190'+/- of lake frontage on full recreational Butternut Lake
    • Bobber's On The Lake includes restaurant/tavern, resort lodging, and the real estate and business sale
    • Four on‑site cabins: one 3BR/1BA, one 1BR plus loft/1BA, and two studio cabins with lofts and bathrooms
    • Recent improvements include new ice machine (2026), pizza prep table, beverage cooler, and walk‑in cooler compressor
    • Updated lake access with newer docks and multiple piers, plus storage shed and room for future expansion (buyer to verify)
    Updated: Jun 25
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    Based on your search, we've compiled 10 Potential Opportunities for your consideration. Besides 2 Active listings in Butternut, WI, we suggest exploring several alternatives: 4 properties in Nearby Cities, plus 4 Land Listings that present a potential for development.

    Opportunities in Nearby Cities

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

    Lakeside Lodge and Campground
    $775,000
    5.00 Acres
    Lakeside Lodge and Campground

    Lodge with 33-site campground, updated bar and grill, and on-site living on Lake Winter.

    5354 LAKE WINTER RD N, Winter, WI 54896

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    Restaurant with Two-Bedroom Quarters
    $348,500
    0.92 Acres
    Restaurant with Two-Bedroom Quarters

    Corner restaurant offering a tiled bar, dining and kitchen space, plus a garage and two-bedroom living quarters.

    1711 HWY 51, Mercer, WI 54547

    View details
    Restaurant and Event Center For Sale
    $697,000
    0.56 Acres
    Restaurant and Event Center For Sale

    Popular restaurant, bar, and event center in downtown Mercer, WI.

    5234 HWY 51, Mercer, WI 54547

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    Campground with 33 Campsites
    $775,000
    3,419 SF
    Campground with 33 Campsites

    Campground offering 33 campsites with on-site water and electric plus a dumping station.

    5354 Lake Winter Rd, Winter, WI 54896

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    Potential Development Sites for Consideration

    Can't find the perfect fit? These Land listings present an alternative path: the potential to develop a property for your specific goals.

    Important: These AI-suggestions are a starting point, not a guarantee of permitted use. All zoning, permitting, and land use information must be independently verified by you with the appropriate local authorities before making any commitments.

    Lac du Flambeau Land Parcel
    $59,900
    1.91 Acres
    Lac du Flambeau Land Parcel

    1.91-acre recreation-zoned land on Hwy 70, Lac du Flambeau.

    1.91 AC HWY 70, Lac Du Flambeau, WI 54538

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    Westboro, WI Land Parcel
    Contact for pricing
    0.11 Acres
    Westboro, WI Land Parcel

    Recreational land near Ogema, Wisconsin, ideal for camping.

    STATE HIGHWAY 86, Westboro, WI 54490

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    Recreational Land Near Ogema, WI
    Contact for pricing
    0.36 Acres
    Recreational Land Near Ogema, WI

    Recreational land suitable for camping and hunting near Ogema, Wisconsin.

    STATE HIGHWAY 86 lot: Prt Of Sw-Nw, Ogema, WI 54490

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    Meticulously Maintained Northwoods Acreage
    $1,749,900
    165.98 Acres
    Meticulously Maintained Northwoods Acreage

    165.98 acres with workshop, shed, and development potential.

    9880 Siemering Drive, Tomahawk, WI 54487

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    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 1,500 square feet of properties for sale, with an estimated market value of $1,570,000.

    Sale prices for hospitality properties in Butternut, WI start at $1,570,000, averaging $1,570,000, and reaching up to $1,570,000 — 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 2

    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 $1.6M

    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%

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