$ 850,000
-
$850,000
Price -
2,831
SqFt -
1.32
Acre
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About the Listing 66 - cath24
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.
Listing Highlights
Interior Details
- Appliances:
- Air Cond: Central Air,Ductless,Wall Unit(s)
- Heating: Baseboard,Forced Air,Heat Pump,Radiant
- Fireplaces:
- Floor:
- Above Ground Sq Ft: 2831
- Basement: Crawl Space,Full
- Other: Furnished,See Remarks
- Water: Private,Shared Well,Well
Exterior Details
- Lot Description: Waterfront
- Garage Capacity: N/A
- Lot Dimensions: 0 x 0 x
- Zoning: Recreational,Residential
- Roof:
- Others: Lighting
- Sewer: Private Sewer,Septic Tank
Financial Details
- Tax Amount: $4,120
- Taxes w/Assessments: N/A
- Tax/Property ID: 43533
- Tax Year: 2025
Payment Calculator
Monthly Payment
- in Principal and Interest
- in Taxes
Questions About..
12890 N County Hwy T Town of Lenroot, Hayward, WI 54843
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