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Nelson Lake Resort Property
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 Market15

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), Baseboard, Forced Air, Radiant
Cooling system Central Air, Wall Unit(s), Ductless
Water source Private, Well
Water front features Lake
Water front 1

Amenities

dock spaces
snowmobile trail access
ATV trail access
lake access

Building Details

Building materials WoodSiding
Listing Agency: Area North Realty Inc
Listed By: Cathy LaReau · License #77578-94
Added: Aug 6 Changed: Aug 19 Last Checked: Aug 20 at 1:06AM
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.

This resort property on Nelson Lake combines a bar and restaurant with an outdoor service and seating area, an attached two-bedroom, one-bath residence, and a four-unit condo motel. The 2,831-square-foot property sits on 1.318 acres and includes four dock spaces, two of which are part of the sale. Interior and operational features include newer kitchen and bar equipment, furnishings, multiple heating systems, and ductless, wall-unit, and central air conditioning. The residence has a full kitchen, living room, remodeled bathroom with a walk-in shower, and a private rear deck.

Recent property work includes motel AC and heat units, a 2021 motel roof, updated windows and beds, remodeled bar bathrooms, and exterior repainting completed in 2024. A wood pellet stove, new outdoor pavilion, outdoor bar, and furniture were added between 2023 and 2026. The property has direct snowmobile trail access, ATV ride-out access, and proximity to the Birkie Trail, cross-country skiing, and CAMBA mountain bike trails. Nelson Lake covers 2,500 acres and supports fishing, boating, and other water activities.

Key Highlights

  • 1.318‑acre resort property with 2,831 square feet of improvements
  • Four‑unit condo motel with four dock spaces; two docks included in the sale
  • Bar and restaurant with outdoor pavilion, bar, seating area, and newer equipment

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
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Frequently Asked Questions

What type of property is this?
Resort - Waterfront hospitality property combining a bar, restaurant, rental units, living quarters, and recreational access.
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: 1.318‑acre resort property with 2,831 square feet of improvements; Four‑unit condo motel with four dock spaces; two docks included in the sale; Bar and restaurant with outdoor pavilion, bar, seating area, and newer equipment
More about this property
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