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.
Interior Features
- Above Grade Finished Area: 2,831 SqFt
- Basement: Crawl Space, Full
- Building Area Total: 2,831 SqFt
- Cooling: Central Air, Ductless, Wall Unit(s)
- Foundation: Block
- Heating: Baseboard, Forced Air, Heat Pump, Radiant
- Interior Features: Furnished, Other, See Remarks
- Living Area: 2,831 SqFt
Exterior Features
- Building Features: Private Restrooms, Pole Sign
- Construction: Wood Siding
- Exterior Features: Lighting
- Lake/River Name: Nelson
- Lot Size: 1.32 Acres
- Road Surface: Asphalt
- Road Type: County Road
- Sewer: Private Sewer, Septic Tank
- Water Source: Private, Shared Well, Well
- Waterfront: Lake
- Waterfront Length: 600 Ft
Property Details
- 2025 Taxes: $4,119
- County: Sawyer
- Possession: Close of Escrow, Subject To Tenant Rights
- Possible Use: Hotel/Motel
- Property Subtype: Commercial
- School District: Hayward Community
- Status: Active
- Township: Town of Lenroot
- Zoning: Recreational, Residential
- Listing Office: Area North Realty Inc
- Last Update: August 12th @ 4:08 PM
