16154 US Hwy 63, Hayward, WI 54843
16154 US Hwy 63, Hayward, WI 54843
16154 US Hwy 63, Hayward, WI 54843
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Listed by The Raven Team • Chippewa Valley Real Estate, LLC
$975,000
Est. payment /mo
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8,125 SqFt
New

16154 US Hwy 63 Hayward, WI 54843

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Key Details

Property Type Commercial

Listing Status Active

Purchase Type For Sale

Square Footage 8,125 sqft

Price per Sqft $120

Municipality HAYWARD

MLS Listing ID 1603452

Year Built 1980

Annual Tax Amount $7,070

Tax Year 2025

Lot Size 2.730 Acres

Acres 2.73

Property Description

Turn-key hospitality investment opportunity with separate 3 bedroom home included! Right in the heart of Wisconsin's Northwoods, The Aspen Inn Motel is a well-maintained and cared for property offering everything needed to continue operating a successful lodging business or expand its potential. The motel features 20 guest rooms consisting of 1 King, 3 Queen, and 16 Double-Full rooms, with many recent improvements including updated flooring, remodeled bathrooms, newer beds, mini fridges, microwaves, garage roof, 10 new air conditioners, $7,000 hot water heater, new windows, and fresh interior finishes. Guests will appreciate the inviting outdoor gathering space complete with a fire pit, picnic tables, and BBQ area, creating the perfect atmosphere for families, vacationers, hunters, anglers, ATV/UTV riders, snowmobilers, and outdoor enthusiasts. Current favorite repeat location for medical workers, construction and industrial workers. The sale also includes an updated 3-bedroom, 1-bath detached owner's residence with a full unfinished basement, providing comfortable on-site living or additional rental potential. A 4-car detached garage and pole shed with lean-to offer abundant storage for maintenance equipment, supplies, recreational vehicles, or future business expansion. Additional improvements include a new concrete apron surrounding the motel, city water and sewer (converted from private well and septic), an efficient natural gas boiler with radiant heat, and updated LED exterior signage. Whether you're an experienced hospitality operator or looking to invest in Wisconsin's thriving tourism industry, the Aspen Inn Motel offers a rare opportunity with established infrastructure, numerous updates, spacious owner's quarters and lots of upside to implement marketing and social media to the public.

Location

State WI

County Sawyer

Zoning Commercial,Residential

Rooms

Basement Full, Partial, Block

Interior

Heating Natural Gas

Cooling Wall/Sleeve Air, Baseboard, Radiant

Exterior

Exterior Feature Wood

Building

Sewer Municipal Sewer, Municipal Water

New Construction N

Schools

School District Hayward


Jeremy Mavis

Jeremy Mavis

Broker Associate

+1(715) 558-2866

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16154 US Hwy 63