12890 N County Hwy T, Hayward, WI

$850,000 - Lake Nelson

2,831

Square feet

1.32

Acres

About 12890 N County Hwy T

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.

Features of 12890 N County Hwy T

MLS® # 1603857
Price $850,000
Square Footage 2,831
Acres 1.32
Type Commercial
Sub-Type Commercial
Status Active
Lake Name Lake Nelson

Community Information

Address 12890 N County Hwy T
City Hayward
County Sawyer
State WI
Zip Code 54843

Amenities

Is Waterfront Yes
Waterfront Lake
Has Pool No

Interior

Interior Features Furnished, Other, See Remarks
Heating Baseboard, Forced Air, Heat Pump, Radiant
Cooling Central Air, Ductless, Wall Unit(s)
Fireplace No
Basement Crawl Space, Full

Exterior

Exterior Features Lighting
Construction Wood Siding
Foundation Block

School Information

District Hayward Community

Additional Information

Foreclosure No
Short Sale No
RE / Bank Owned No
Taxes $4,120
Tax Year 2025
Agent Cathy Lareau
Office Area North Realty Inc

Listing Details

OfficeArea North Realty Inc
Contact Info715-634-3522

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