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Lakefront Resort Lodge

N16517 Lakeshore Dr, Butternut, WI 54514

For Sale
$1,250,000

A log-built main lodge pairs with four private-bath suites, guest commons, a gift shop and waterfront amenities.

Property Size4,466 SF
Lot Size3.80 Acres
Price / SF$279.89
Days on Market191

Property Features for N16517 Lakeshore Dr

General Information

Standard status Active
Size 4,466 SF
Lot size 3.80 Acres
Property subtype Commercial

Additional Details

Business Included Yes
Currently Operating Yes

Taxes and HOA fees

Annual Taxes $14,128

Amenities

boathouse with rooftop sunset deck
premium pier system
fire pits
volleyball court
kayaks and canoe
high-speed fiber internet and full-property Wi-Fi
Tackle Box guest commons
Provisions gift shop
Storage

Building Details

Building Size 4,466 SF
Year Built 1940
Stories 1
Construction log
Listing Agency: United Country Real Estate/Northern Wi Lifestyle Properties
Listed By: Matt Schultz
Source: Birchlandrealty
Added: May 8 Changed: Nov 7 Last Checked: Nov 13 at 3:31PM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of United Country Real Estate/Northern Wi Lifestyle Properties

Rey
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Investment Insights

Based on property information with market context.

This resort property spans 3.8 acres and includes a log-constructed main lodge with three bedrooms, two full bathrooms, a granite-counter kitchen, dining area and a living room with vaulted log ceilings and a stone fireplace. A separate building contains four guest suites, each with a private bathroom, kitchenette, fireplace and patio access. Other on-site features include a guest commons, provisions shop, boathouse with rooftop deck, pier system, fire pits, volleyball court, kayaks and a canoe. Fiber internet and property-wide Wi-Fi are available. The resort was built in 1940 and has a website and booking system, with repeat guests forming much of its clientele.

The property has approximately 300 feet of frontage on Butternut Lake, with western exposure. The 1,006-acre lake supports fishing and boating and has two lakeside restaurants and sandbars. The grounds include a level yard with space for outdoor recreation.

Key Highlights

  • 3.8‑acre property with approximately 300' of frontage on Butternut Lake
  • Main lodge includes 3 bedrooms, 2 full baths, kitchen, dining area and stone fireplace
  • Separate suites building has 4 accommodations, each with a private bath, kitchenette, fireplace and patio access

Property Analytics

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Current Use

Butternut Lake Lodge Hotel & Motel

Suggested Use

Top Pick Real Estate Agency Travel Agency Bed & Breakfast Hotel & Motel

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

Turnkey business
Opportunity

Location Intelligence

Trade Area within ½ mile

8
Businesses Nearby

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
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
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Frequently Asked Questions

What type of property is this?
Resort - A log-built main lodge pairs with four private-bath suites, guest commons, a gift shop and waterfront amenities.
Where is this resort located?
The property is located at N16517 Lakeshore Dr Butternut, WI.
What is the asking price?
The asking price for this property is $1,250,000.
What are key features of this property?
This property features: 3.8‑acre property with approximately 300' of frontage on Butternut Lake; Main lodge includes 3 bedrooms, 2 full baths, kitchen, dining area and stone fireplace; Separate suites building has 4 accommodations, each with a private bath, kitchenette, fireplace and patio access
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