16154 US Hwy 63, Hayward, WI 54843 (MLS# 7149335)

16154 US Hwy 63, Hayward, WI 54843

New Listing
$975,000
Property Type: Commercial Square Footage: 8,125 Lot Size (sq. ft.): 118,919 Status: Active
Current Price: $975,000 List Date: 9/28/2026 Last Modified: 10/01/2026

Overview

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-b ...

Listing Details MLS# 7149335

General Property Information

Lot Measurement
Acres
Multiple PIDs?
No
Owner Occupied
Yes
Waterfront YN
No
Year Built
1980
Yearly/Seasonal
Yearly
Zoning
Business/Commercial
Foundation Size
8125
Garage Stalls
3
For Sale or Lease
For Sale
Acres
2.73
Lot Dimensions
350 x 355 x 350 x 311
Assessment Pending
No

Property Features

Accessible: Other Air Conditioning: Wall Unit(s) Amenities Shared: Other Appliances: Microwave; Refrigerator Basement: Full CMU Style: Other Construction Materials: Block Construction Status: Previously Owned Current Use: Hotel/Motel; Residential Exterior: Wood Foundation: Concrete Block Fuel: Natural Gas Heating: Baseboard; Radiant On Site Utilities: Electric Common; Heating Common; Hot Water Common Parking Characteristics: Parking Lot Potential Use: Income; Motel/Hotel Road Frontage: City Street Sewer: City Sewer - In Street Stories: One Water: City Water - In Street

Contract Information

Exclusions
Items on FFE, personal items in home & garages, main office computer, lawn mowers, trailer, & tools
Contingency
None
ListPrice
975000
Owner is an Agent?
No
Auction?
No

Location Tax and Other Information

House Number
16154
Street Name
US Hwy 63
Postal City
Hayward
County
Sawyer
State
WI
Zip Code
54843

Basement

Foundation Dimensions
240 x 24

Building Information

Building Finished SqFt
8125
Building SqFt
8125

More Information

Lease Details

Land Leased
Not Applicable

Miscellaneous Information

Homestead
No

Ownership

Fractional Ownership
No

Public Survey Info

Range#
R09W
Section#
S28
Township#
T41

Sale Options

Sale Includes
Building, Business, Fixture/Equipment

Unit Details

Total Units
20
IDX
Listing Office: Chippewa Valley Real Estate, L
Last Updated: October - 01 - 2026
The data relating to real estate for sale on this web site comes in part from the Broker Reciprocity SM Program of the Regional Multiple Listing Service of Minnesota, Inc. The information provided is deemed reliable but not guaranteed. Properties subject to prior sale, change or withdrawal. ©2026 Regional Multiple Listing Service of Minnesota, Inc All rights reserved.