16154 Us Hwy 63,Hayward, WI 54843
Hayward, WI 54843
Description
Turn-key hospitality investment opportunity with separate 3 bedroom home included! Right in the heart of Wisconsin's Northwoods, The Aspen Inn Motel is a well-maintained and cared for property offering everything needed to continue operating a successful lodging business or expand its potential. The motel features 20 guest rooms consisting of 1 King, 3 Queen, and 16 Double-Full rooms, with many recent improvements including updated flooring, remodeled bathrooms, newer beds, mini fridges, microwaves, garage roof, 10 new air conditioners, $7,000 hot water heater, new windows, and fresh interior finishes. Guests will appreciate the inviting outdoor gathering space complete with a fire pit, picnic tables, and BBQ area, creating the perfect atmosphere for families, vacationers, hunters, anglers, ATV/UTV riders, snowmobilers, and outdoor enthusiasts. Current favorite repeat location for medical workers, construction and industrial workers. The sale also includes an updated 3-bedroom, 1-bath detached owner's residence with a full unfinished basement, providing comfortable on-site living or additional rental potential. A 4-car detached garage and pole shed with lean-to offer abundant storage for maintenance equipment, supplies, recreational vehicles, or future business expansion. Additional improvements include a new concrete apron surrounding the motel, city water and sewer (converted from private well and septic), an efficient natural gas boiler with radiant heat, and updated LED exterior signage. Whether you're an experienced hospitality operator or looking to invest in Wisconsin's thriving tourism industry, the Aspen Inn Motel offers a rare opportunity with established infrastructure, numerous updates, spacious owner's quarters and lots of upside to implement marketing and social media to the public.
Details
| MLS # | 1603452 |
|---|---|
| Listing Type | For Sale |
| Style | Commercial |
| Sub-Type | Resale |
| Status | Active |
| Year | 1980 |
| Days On Site | 11 |
| Listing Provided By | Chippewa Valley Real Estate, LLC | The Raven Team |
Features
| SQ Feet | 8,125 |
|---|---|
| Basement | Y |
| Zoning | Commercial,Residential |
| Acreage | 2.73 |
Taxes
| Tax Annual Amount | 7070 |
|---|
Area Information
| State | WI |
|---|---|
| County | Sawyer |
| City | Hayward |
| Zip Code | 54843 |
| Listing VS Median (in 54843) | |
Price: $975,000 low | high Med: $392,000 sqft: 8,125 low | high Med: 1,364 $ / sqft: $120 low | high Med: $515 On site: 11 low | high Med: 39 | |
Market Activity 54843
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Learn More About This Property
| State | WI |
|---|---|
| County | Sawyer |
| City | Hayward |
| Zip Code | 54843 |
| Listing VS Median (in 54843) | |
Price: $975,000 low | high Med: $392,000 sqft: 8,125 low | high Med: 1,364 $ / sqft: $120 low | high Med: $515 On site: 11 low | high Med: 39 | |
