$850,000

0 Beds 0 Baths 2,831 Sqft

12890 County Hwy T, Hayward, WI 54843

Property Type: Commercial
Building Type: 4-Season
Time on Market: 22 days
Price per Sqft: $300
Lot Size: 0 x 0 x
Waterfront: Y
Total Taxes: $4,120
Est. Age: 21+ Years

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.

Property Details

Interior

Basement:
  • Crawl Space, Full, Block
Heating/Cooling:
  • Central Air, Wall/Sleeve Air, Baseboard, Forced Air, Heat Pump, Radiant
Heat Fuel:
  • Electric,Lp Gas,Wood
Sqft:
  • Total Sqft: 2,831
  • Estimated Sqft Range: 2501-3000

Exterior

Acreage:
  • Range: 1 to 4.99
Exterior:
  • Wood
Lot:
  • Size: 0 x 0 x
Water:
  • Body of Water: Nelson
  • Features: Over 300 feet, Common Frontage, Lake, Waterfrontage on Lot
  • Waterfront: Y
Water/Waste:
  • Private Septic System

Misc.

Business For Sale:
  • Y
Commercial:
  • Features: Restroom(s), Other
New Construction:
  • N
Postal:
  • Code: 54843
Real Estate Included:
  • Y
Street:
  • Name: County Hwy T
Tax Year:
  • 2025
Zoning:
  • Recreational,Residential

Map

Listing Agent-Provided 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.

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Schools and Neighborhood

School District:
  • Hayward
Postal City:
  • Hayward
Municipality:
  • Name: LENROOT
  • Type: Town
County:
  • SAWYER

Market Comparison

How this property compares to local market averages — calculated 8/30/2026

This Property
Hayward Commercial Property Avg
Sawyer County Commercial Property Avg
List Price
$850,000
$656,026
$574,117
Median Price
$485,000
$450,000
Price / Sq Ft
$300
$193
$165
Days on Market
22 days
231 days
232 days
Total Listings
26
35

Listing Information

  • Time on Market: 22 days
  • Place Perfect Last Updated: 2026-08-17 16:01:35
  • MLS Number: 1603857
  • Subsystem Locale: WIREX_NWW
  • Listing Office: Area North Realty Inc
  • Listing Agent: Cathy LaReau
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This information is provided by WIREX via the REALTORS Association of Northeast Wisconsin multiple listing service and is exclusively for consumers’ personal, non-commercial use. Information is deemed reliable but not guaranteed.

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