12890 N County Highway T Hayward, WI

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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.

Directions:

From Hayward; take Hwy 77 towards Minong, take a right on Hwy 27, take a right on Hwy T to the first left at Park Island Resort, Fire #12890 There is no real estate sign.