16154 Us Hwy 63, Hayward, WI

$975,000

8,125

Square feet

2.73

Acres

About 16154 Us Hwy 63

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.

Features of 16154 Us Hwy 63

MLS® # 1603452
Price $975,000
Square Footage 8,125
Acres 2.73
Year Built 1980
Type Commercial
Sub-Type Commercial
Status Active

Community Information

Address 16154 Us Hwy 63
City Hayward
County Sawyer
State WI
Zip Code 54843

Amenities

Is Waterfront No
Has Pool No

Interior

Interior Carpet
Interior Features Furnished, Storage
Heating Baseboard, Radiant
Cooling Wall Unit(s)
Fireplace No
Basement Full, Partial

Exterior

Exterior Features Lighting
Construction Wood Siding
Foundation Block

School Information

District Hayward Community

Additional Information

Foreclosure No
Short Sale No
RE / Bank Owned No
Taxes $7,070
Tax Year 2025
Agent The Raven Team
Office Chippewa Valley Real Estate, LLC

Listing Details

OfficeChippewa Valley Real Estate, LLC

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