$850,000
( $300.25Per Sq Foot )
 $4,563 est/mo Sourced by Back At You

12890 N County Hwy T,Hayward, WI 54843

Hayward, WI 54843

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Description

Step into a strong bar, restaurant, and rental business in Hayward, Wisconsinone 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.

Details

MLS #1603857
Listing TypeFor Sale
StyleCommercial
Sub-TypeResale
StatusActive
Days On Site26
Listing Provided ByArea North Realty Inc | Cathy LaReau

Features

SQ Feet2,831
BasementY
ZoningRecreational,Residential
Acreage1.32
Water FrontYes

Taxes

Tax Annual Amount4119.68

Area Information

StateWI
CountySawyer
CityHayward
Zip Code54843
Listing VS Median (in 54843)
Price:
$850,000
low | high
Med:
$392,000
100% of Average
sqft:
2,831
low | high
Med:
2,417
64.623807841752% of Average
$ / sqft:
$300
low | high
Med:
$163
95.80252964036% of Average
On site:
26
low | high
Med:
19.5
100% of Average
Sourced by Back At You

Market Activity 54843

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Additional Information

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Contact

Learn More About This Property

Coldwell Banker Brenizer Realtors

Coldwell Banker Brenizer Realtors

 (715) 835-4344kari.rubenzer@brenizer.com
StateWI
CountySawyer
CityHayward
Zip Code54843
Listing VS Median (in 54843)
Price:
$850,000
low | high
Med:
$392,000
100% of Average
sqft:
2,831
low | high
Med:
2,417
64.623807841752% of Average
$ / sqft:
$300
low | high
Med:
$163
95.80252964036% of Average
On site:
26
low | high
Med:
19.5
100% of Average
Sourced by Back At You
Listing Updated: August 17, 2026 at 3:20:25 PM PDT
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