Listing provided courtesy of CENTURY 21 PIERCE REALTY - MERCER- MLS# 217370MLS Provider

2974N HIAWATHA RDButternut, WI 54514

Commercial · 18 Beds · 7,334 Sq. ft.
$1,570,000 Active

2974N HIAWATHA RD Overview

Time on Site:
35 days
Visits:
60

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!

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2974N HIAWATHA RD Facts & Features

  • Type Commercial
  • Sq. ft. 7,334
  • Price/Sq.ft. $214

Details

General

Business Information

  • Business Name: Donners Bay Resort
  • Business Type: Gas Station, Hotel/Motel, Recreation, Bar/Tavern/Lounge, Restaurant

Location/Region

  • County Or Parish: Iron
  • Postal City: Butternut
  • Township: IR Mercer

General Information

  • Inclusions: Real Estate and Business, Fixtures, Furniture
  • Parcel Number: 012-0372-0000
  • Property Sub Type: Hotel/Motel
  • Property Type: Commercial Sale

Interior

Parking Information

  • Garage: Yes

Beds/Baths

  • Bedrooms Total: 18

Building Interior

  • Building Area Total: 7334.0

General Information

  • Electric: Circuit Breakers
  • Flooring: Carpet, Laminate

Exterior

Parking Information

  • Parking Features: Garage, Private

Lot Information

  • Frontage Length: 460
  • Frontage Type: Lakefront
  • Lot Features: Dead End, Lake Front, Level, Views
  • Lot Size Square Feet: 135036.0
  • Water Source: Drilled Well

Waterfront/View

  • Water Body Name: TURTLE-FLAMBEAU FLOWAGE
  • Waterfront Features: Shoreline - Sand, Lake Front
  • Waterfront: Yes

Building Exterior/Construction

  • Construction Materials: Frame, Vinyl Siding
  • Roof: Metal

General Information

  • Exterior Features: Landscaping
  • Other Structures: Living Quarters, Outbuilding
  • Road Frontage Type: Town Road
  • Sewer: Mound Septic
  • Utilities: High Speed Internet Connected, Phone Available

2974N HIAWATHA RD Neighborhood

Community

54514 (Park Falls) Demographics

55
Median Age
9
Population Density (per sq. mile)
32%
College Educated
$58,333
Estimated Median Income
773
Estimated Total Home Owners
123
Estimated Total Renters
86% / 14%
Estimated Owner / Renter Divide
2
Estimated Average Household Size
Community data courtesy of LiveBy, Inc.

Schools

School data courtesy of LiveBy, Inc. School ratings are based on a scale of 1-5, with 5 being the highest rating and 1 being the lowest rating.
* All calculations are estimates and provided by Reliance Network, for informational purposes only. Actual amounts may vary. ** Assumes 6.50% APR, 20% down payment, and conventional 30-year fixed rate first mortgage. Rates cited are for instructional purposes only; current rates are subject to change at any time without notice. You should not make any decisions based simply on the information provided. Additional required amounts such as taxes, insurance, homeowner association dues, assessments, mortgage insurance premiums, flood insurance or other such required payments should also be considered. Contact your mortgage company for current rates and additional information. Any mortgage broker or insurance agent that may appear is independent and is not affiliated with, endorsed by, or provided by the MLS.

2974N HIAWATHA RD Market Data

Based on the last 30 days in this zip code

$413,640
Average List Price
$281
Average Price per Square Foot
4
Properties Sold
59
Average Days on Market
20
Properties for Sale
Calculations provided by Reliance Network

2974N HIAWATHA RD History

Date Event Value Agent
5/26/2026Source: Greater Northwoods MLS Added to Database
May 26, 2026