$850,000

Step into a strong, turn-key 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, ALSO, the ability to purchase up to 3 other lakefront cabins for a larger resort package (cabins 2, 6, 7 currently listed for sale-check or ask about status and availability)! With newer kitchen & bar equipment, a loyal customer base of vacationers and locals, & 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 & bar equipment, mini splits, a wood pellet stove, remodeled bar bathrooms, a new outdoor pavilion, bar, & 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 & 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, close 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. [This is an operating business. Please do not enter the grounds or cabins without an appointment; contact an agent for assistance rather than asking at the bar for information].