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Listed by Cathy LaReau • Area North Realty Inc
$850,000
Est. payment /mo
2,831 SqFt
New
12890 County Highway T Hayward, WI 54843
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Key Details
Property Type Commercial
Listing Status Active
Purchase Type For Sale
Square Footage 2,831 sqft
Price per Sqft $300
Municipality LENROOT
MLS Listing ID 1603857
Annual Tax Amount $4,119
Tax Year 2025
Lot Size 1.318 Acres
Acres 1.318
Property Description
Step into a strong bar, restaurant, and rental business in Hayward, Wisconsin?one of the Northwoods? premier vacation destinations. Park Island Resort, located on full-recreation Nelson Lake, includes a popular bar and restaurant, outdoor bar and seating area, attached 2-bedroom/1-bath living quarters, and a 4-unit condo motel with four dock spaces - two docks are included in the sale. With newer kitchen and bar equipment, a loyal customer base of vacationers and locals, and year-round motel rental income, the business is ready for a new owner to begin operating right away. The owner has made significant updates in recent years, including kitchen and bar equipment, mini-splits, a wood pellet stove, remodeled bar bathrooms, a new outdoor pavilion, bar, and furniture added between 2023 and 2026, plus ongoing maintenance throughout. The bar/house roof is less than 10 years old, and the exterior was repainted in 2024. Motel updates include new AC/heat units, a new roof in 2021, and updated windows and beds. The attached residence features a full kitchen, living room, remodeled bathroom with walk-in shower, and private rear deck; it is currently occupied by a long-term tenant who may be interested in staying. This year-round resort is ideally positioned to capture Hayward?s recreation appeal, with direct snowmobile trail access, instant ATV ride-out access, proximity to the Birkie Trail, cross-country skiing, and CAMBA mountain bike trails, plus 2,500-acre Nelson Lake for fishing, boating, and water activities. Please contact an agent directly for details and showings rather than inquiring at the bar; showings can be scheduled on weekday mornings.
Location
State WI
County Sawyer
Zoning Recreational,Residential
Lake Name Nelson
Rooms
Basement Crawl Space, Full, Block
Interior
Heating Electric, Lp Gas, Wood
Cooling Central Air, Wall/Sleeve Air, Baseboard, Forced Air, Heat Pump, Radiant
Exterior
Exterior Feature Wood
Waterfront Description Over 300 feet,Common Frontage,Lake,Waterfrontage on Lot
Building
Dwelling Type 4-Season
Sewer Private Septic System
New Construction N
Schools
School District Hayward
Others
Acceptable Financing Seller May Assist
Listing Terms Seller May Assist
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