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Rick Lovdal

rick@eliasonrealty.com +1(715) 891-5608

$ 1,595,000

Est. payment -/mo

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New

2974N HIAWATHA RD Butternut, WI 54514

18 Beds

12 Baths

7,334 SqFt

UPDATED:

01/15/2025 09:18 PM

Key Details

Property Type Commercial

Sub Type Hotel/Motel

Listing Status Active

Purchase Type For Sale

Square Footage 7,334 sqft

Price per Sqft $217

MLS Listing ID 210365

Bedrooms 18

Full Baths 12

HOA Y/N No

Annual Tax Amount $11,598

Tax Year 2024

Lot Size 3.100 Acres

Acres 3.1

Body of Water TURTLE-FLAMBEAU FLOWAGE

Property Description

Marvin & Connie have decided it's time to retire & are interviewing new owners for Donner's Bay Resort on beautiful Turtle Flambeau Flowage, the 7th largest lake in WI. The new owners must be hard-working, fun-loving & willing to carry on the 74-year tradition of a true Northwoods gem! This jewel has been meticulously well maintained, has a high occupancy rate & is a favorite stop for thousands! There are 6 attractive updated year-round rental cabins, a 3bd/2ba mobile home & beautiful owners home. 1500 sq ft bar & grill offers a dynamite lake view, new kitchen equipment, new furniture, FP & lg game room. Up-to-code gas pump, private boat launch, 8 new aluminum roll in piers, fantastic sand beach, fish cleaning house, bait shop, sand volleyball court, basketball, playground, 3 campsites, 3 garages, storage sheds & much more! If you're tired of the rat race & want to be your own boss, this turnkey, cash flowing, fully furnished treasured resort is for you. Sellers are willing to train!

Location

State WI

County Iron

Direction 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

Body of Water TURTLE-FLAMBEAU FLOWAGE

Rooms

Other Rooms Living Quarters, Outbuilding

Interior

Heating Baseboard, Forced Air, Propane, Wall Furnace

Flooring Carpet, Laminate

Inclusions Real Estate and Business, Fixtures, Furniture

Fireplace No

Exterior

Exterior Feature Landscaping

Parking Features Garage, Private

Utilities Available High Speed Internet Connected, Phone Available

Waterfront Description Shoreline - Sand,Lake Front

View Y/N Yes

Water Access Desc Drilled Well

View Water

Roof Type Metal

Road Frontage Town Road

Garage Yes

Building

Lot Description Dead End, Lake Front, Level, Views

Sewer Mound Septic

Water Drilled Well

Additional Building Living Quarters, Outbuilding

Others

Tax ID 012-0372-0000

Listed by CENTURY 21 PIERCE REALTY - MERCER

Rick Lovdal

Agent

+1(715) 891-5608

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