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
...
(Read more)
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.
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
Listing Office:
Chippewa Valley Real Estate, L
Last Updated: October - 01 - 2026
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