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Lakefront Resort with Condo Motel
For Sale
$850,000

12890 N County Hwy T, Hayward, WI 54843

CommercialSale, Hayward, WI

Property Size2,831 SF
Lot Size1.32 Acres
Price / SF$300.25
Days on Market63

Property Features for 12890 N County Hwy T

General Information

Property type Commercial Sale
Property subtype Other
Zoning description Recreational, Residential
Rooms Basement
Interior features Furnished
Exterior features Lighting
Elementary school district Hayward Community
Middle school district Hayward Community
High school district Hayward Community
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.
Standard status Active
APN 43533
Size 2,831 SF
Lot size 1.32 Acres

Taxes and HOA fees

Tax Year 2025
Tax Description PRT NENE LOT 1 CSM 35/310 #8342, PARK ISLAND CONDO UNIT 9-12 & 1/13 INT IN COMMON ELEMENTS, S29/T42N/R9W
Tax Annual Amount 4120
Legal Description PRT NENE LOT 1 CSM 35/310 #8342, PARK ISLAND CONDO UNIT 9-12 & 1/13 INT IN COMMON ELEMENTS, S29/T42N/R9W

Utilities

Sewer type Private Sewer, Septic Tank
Heating system Heat Pump (Heating), Radiant, Forced Air, Baseboard
Cooling system Ductless, Wall Unit(s), Central Air
Water source Private, Well
Water front features Lake
Water front 1

Amenities

outdoor bar
outdoor seating area
outdoor pavilion
dock spaces
snowmobile trail access
ATV ride-out access
proximity to Birkie Trail
cross-country skiing
CAMBA mountain bike trails
Nelson Lake access
private rear deck
wood pellet stove
mini splits

Building Details

Building materials WoodSiding
Listing Agency: Area North Realty Inc
Listed By: Cathy LaReau · License #77578-94
Added: Aug 6 Changed: Oct 2 Last Checked: Oct 7 at 7:06PM
MLS# 1603857

Copyright © 2026 REALTORS® Association of Northwestern Wisconsin. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

Investment Insights

Based on property information with market context.

Park Island Resort brings together a bar and restaurant, outdoor bar and seating, a four-unit condo motel, and an attached two-bedroom, one-bath residence. The residence has a full kitchen, living room, remodeled bathroom with walk-in shower, and private rear deck. The motel has updated windows and beds, replacement heating and cooling units, and a roof installed in 2021. The bar and residence share a roof less than 10 years old; the exterior was repainted in 2024. Other improvements include newer kitchen and bar equipment and remodeled bar bathrooms.

The resort occupies 1.318 acres on Nelson Lake, a 2,500-acre lake used for fishing, boating, and other water activities. Four dock spaces serve the property. Snowmobile trail access and ATV ride-out access are available, with the Birkie Trail, cross-country skiing, and CAMBA mountain bike trails nearby.

The 2,831-square-foot property also includes on-site living quarters currently occupied by a long-term tenant who may be interested in remaining. Up to three additional lakefront cabins may be purchased as part of a larger resort package; their availability should be confirmed.

Key Highlights

  • Four‑unit condo motel, bar and restaurant, and attached two‑bedroom, one‑bath residence
  • 1.318 acres on 2,500‑acre Nelson Lake, with four dock spaces
  • 2,831 square feet

Property Analytics

Current Use

Resorts

Lease Details

Turnkey business
Opportunity

Location Intelligence

Trade Area within ½ mile

11
Businesses Nearby

Demographics for 54843, WI

12,664
Population
10,039
Households
1.3
Avg Household Size
50
Median Age
29%
College-Educated
94%
High-School Grad
440.6 sq mi
ZIP Area
29
Density / Sq Mi
$59,333
Median Household Income
$36,803
Median Earnings
$687
Median Rent
$233,500
Median Home Value

Market

Vacancy Rate% for Retail in Midwest region

8% 2020
7.3% 2021
6.5% 2022
6% 2023
5.7% 2024
6.3% 2025
Rey
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Frequently Asked Questions

What type of property is this?
Resort - A hospitality property combines food and beverage service, guest lodging, and an attached residence on Nelson Lake.
Where is this resort located?
The property is located at 12890 N County Hwy T Hayward, WI.
What is the asking price?
The asking price for this property is $850,000.
What are key features of this property?
This property features: Four‑unit condo motel, bar and restaurant, and attached two‑bedroom, one‑bath residence; 1.318 acres on 2,500‑acre Nelson Lake, with four dock spaces; 2,831 square feet
More about this property
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