10429 State Road 27 - Hospitality FOR SALE


Hayward, WI 54843
$1,500,000 USD
715-558-2866
10429 State Road 27, Hayward, WI for Sale
$1,500,000 USD
Hospitality - FOR SALE
1/50
null | Request Cap Rate

10429 State Road 27
Hayward, WI 54843


HIGHLIGHTS

  • Situated on Lake Hayward with Dock Access
  • Off of a major State Highway in a Destination Area
  • ATV/UTV and Snowmobile Trails
  • Five Lakeside Rooms with Outdoor, Lakeside Decks
  • Meticulously Remodeled Owner's Residence

OVERVIEW

Exceptional investment opportunity on the shores of Lake Hayward! This well-maintained motel features 15 rentable rooms, including 5 lakeside rooms w/ lakeside decks, 10 other rooms (one w/ a lake view), offering a mix of comfort & scenery to suit a variety of guests. Several rooms & bathrooms have been tastefully remodeled & all units feature new beds, frames & furniture for a fresh & inviting experience. Guests will love the patio by the water, private dock, firepit area & fish cleaning house. Canoes & kayaks are available for rent onsite. A private owner’s quarters w/ lakeside deck & a newly remodeled main level (brand new kitchen!) provides a perfect on-site living situation or management setup. Ideally located on Snowmobile Trail #31 & the Hayward walking trail, the property is a hub for year-round recreation: ATV/UTV riding, fishing, hiking, skiing & more. Just steps from mini-golf & go-karts & walking distance to downtown Hayward, shopping & dining.

FOR SALE DETAILS

PRICE

$1,500,000 USD

PRICE/SF

$201 USD /SF

# OF ROOMS

15

PRICE/ROOM

$100,000 {currency}

CAP RATE

Request Cap Rate

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Riverside Motel

PROPERTY TYPE

Hospitality

TOTAL BUILDING SIZE

-

STORIES

2

ROOM ENTRANCE

Exterior

BUILDING CLASS

C

YEAR BUILT

1956

PARKING SPACES

20

LAND DETAILS

LAND ACRES

0.66 AC

LAND SF

28,750 SF

ZONING

Commercial

APN/PARCEL ID

236-941-27-2114

ASK ABOUT THIS PROPERTY

Jeremy MavisWoodland Developments & RealtyMore Info
715-558-2866

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Jeremy MavisWoodland Developments & RealtyMore Info
715-558-2866

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.