Lakefront Resort With Rental
For Sale
$1,570,000
2974N HIAWATHA RD, Butternut, WI 54514
CommercialSale, Butternut, WI
Property SizeContact for details
Lot Size3.10 Acres
Days on Market93
Property Features for 2974N HIAWATHA RD
General Information
Property type
Commercial Sale
Property subtype
Other
Bedrooms
18
Rooms
Bedroom 4, Bedroom 15, Bedroom 3, Bedroom 16, Bedroom 9, Bedroom 10, Bedroom 12, Bedroom 6, Bedroom 5, Bedroom 8, Bedroom 7, Bedroom 18, Bedroom 1, Bedroom 2, Bedroom 17, Bedroom 11, Bedroom 14, Bedroom 13
Parking features
Garage
Exterior features
Landscaping
Lot features
Dead End, Lake Front, Level, Views
View
Water
Directions
Hwy 51 North of Mercer turn LT on CTH FF for approximately 14 miles turn LT on Turtle Flambeau Dam Rd, veer Left under archway and follow to resort on RT
Standard status
Active
APN
012-0372-0000
Lot size
3.10 Acres
Taxes and HOA fees
Tax Description
PT of the SW-SE & 3.10 ac Gov Lot 3
Legal Description
PT of the SW-SE & 3.10 ac Gov Lot 3
Utilities
Sewer type
Mound Septic
Heating system
Forced Air, Baseboard, Propane (Heating)
Water source
Well
Water front features
Lake Front
Water front
1
Amenities
fireplace
game room
gas pump
private boat launch
aluminum piers
sand beach
fish cleaning house
bait shop
sand volleyball court
basketball
playground
campsites
garages
storage sheds
Building Details
Flooring type
Carpet, Laminate
Building materials
Frame, VinylSiding
Roof type
Metal
Additional Structures
Outbuilding
Listing Agency:
CENTURY 21 PIERCE REALTY - MERCER · Century 21 Real Estate
(715) 476-2111
Listed By:
MICKI PIERCE-HOLMSTROM · License #51811 - 90
(715) 476-2111
Added: May 26
Changed: Aug 20
Last Checked: Aug 26 at 7:06AM
MLS# 217370
Copyright © 2026 Greater Northwoods MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Investment Insights
Based on property information with market context.
This lakefront resort on Turtle Flambeau Flowage includes 6 updated year-round rental cabins, a 3-bedroom, 2-bath mobile home, and an owners home. The property also features a 1,500-square-foot bar and grill with lake views, new kitchen equipment, furnishings, a fireplace, and a game room. Additional improvements include a bait shop, fish cleaning house, 3 garages, storage sheds, and a gas pump.
Outdoor amenities include a private boat launch, 8 aluminum roll-in piers, a sand beach, sand volleyball court, basketball court, playground, and 3 campsites. The 3.1-acre property is served by a well and mound septic system, with metal roofing, frame and vinyl-sided construction, forced-air and baseboard heating, and propane heat. The property is located at 2974N Hiawatha Rd in Butternut, Wisconsin.
Outdoor amenities include a private boat launch, 8 aluminum roll-in piers, a sand beach, sand volleyball court, basketball court, playground, and 3 campsites. The 3.1-acre property is served by a well and mound septic system, with metal roofing, frame and vinyl-sided construction, forced-air and baseboard heating, and propane heat. The property is located at 2974N Hiawatha Rd in Butternut, Wisconsin.
Key Highlights
- 6 updated year‑round rental cabins
- 1,500‑square‑foot bar and grill with lake views
- 3‑bedroom, 2‑bath mobile home plus owners home
Property Analytics
Property Profile
Current Use
Lease Details
Turnkey business
Opportunity
Location Intelligence
Trade Area within ½ mile
9
Businesses Nearby
Explore this area
Business Placement
Demographics for 54514, WI
1,673
Population
1,556
Households
1.1
Avg Household Size
55
Median Age
21%
College-Educated
95%
High-School Grad
227.7 sq mi
ZIP Area
7
Density / Sq Mi
$73,875
Median Household Income
$40,978
Median Earnings
$633
Median Rent
$158,700
Median Home Value
Market
Vacancy Rate% for Retail in Midwest region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Resort - Hospitality property with cabins, food-and-beverage space, and recreational amenities.
Where is this resort located?
The property is located at 2974N HIAWATHA RD Butternut, WI.
What is the asking price?
The asking price for this property is $1,570,000.
What are key features of this property?
This property features: 6 updated year‑round rental cabins; 1,500‑square‑foot bar and grill with lake views; 3‑bedroom, 2‑bath mobile home plus owners home
