16154 US Hwy 63

KEY DETAILS

Property Type

Commercial Sale

Style

Commercial

Listing Status

Active

Purchase Type

For Sale

Square Footage

8,125 sqft

MLS Listing ID

1603452

Year Built

1980

Annual Tax Amount

$7,070

Tax Year

2025

Lot Size

2.730 Acres

Acres

2.73

PROPERTY 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-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.

Location

State

WI

County

Sawyer

Township

City of Hayward

Directions

FROM HAYWARD, TAKE HWY 63 SOUTH TOWARDS TREGO. PROPERTY ON THE RIGHT. No for sale sign on property.

Interior

Interior Features

Furnished, Storage

Heating / Cooling

Baseboard, Radiant

Cooling

Wall Units

Basement

Full, Partial

Has Basement

Yes

Flooring

Carpet

Exterior

Exterior

Wood Siding

Exterior Features

Lighting

Building

Architectural Style

Commercial

Year Built

1980

Total Sq Ft

8,125 sqft

Water / Waste

Public Sewer

Lot

Acreage

2.73 acres

Schools

School District

Hayward Community

Taxes & Assessment

Annual Taxes

$7,070

Tax Year

2025