Exceptional Lakefront 15-Unit Motel - Owner’s Quarters on Lake Hayward

Asking Price$1,500,000

Cash Flow
Not Disclosed

EBITDANot Disclosed

Gross RevenueNot Disclosed

InventoryNot Disclosed

FF&ENot Disclosed

Real EstateNot Disclosed

Riverside MotelSave

Exceptional Lakefront 15-Unit Motel - Owner’s Quarters on Lake Hayward


Asking Price$1,500,000

Cash Flow
Not Disclosed

EBITDANot Disclosed

Gross RevenueNot Disclosed

InventoryNot Disclosed

FF&ENot Disclosed

Real EstateNot Disclosed

Business Description
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.
About the Business
Facilities & Assets
Located right on the Namekagon River/Lake Hayward, the property features 5 waterside rooms with balconies or 10 rooms with direct outdoor access, a shared deck, and a private fishing/boat dock. Outdoor relaxation areas include a firepit with complimentary firewood offered to guests. An electric vehicle charging station is available for guests traveling eco-consciously.
Market Outlook / Competition
Hayward is celebrated as a four-season outdoor recreation destination:
* Renowned for trophy fishing and lakes (Lac Courte Oreilles, Chippewa Flowage, etc.)
* Hosts major annual events:
* Chequamegon Fat Tire Festival — largest mass-start mountain bike race in the nation.
* Lumberjack World Championships — timber sports.
* American Birkebeiner — North America’s largest cross-country ski marathon.
* Also rich in activities like snowmobiling, ATV riding, kayaking, and cultural pow-wows, plus the National Fresh Water Fishing Hall of Fame.
Real Estate
Owned or Leased
Owned
Included in asking price
Building Sq. Ft.
7,464
Listing Info
ID
2404456
Listing Views
368
Attached DocumentsAttachment Disclaimer

Riverside_Motel_MLS_Data_Sheet.pdf

Business Location

Contact Seller

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

Business Listed by: Jeremy Mavis Woodland Developments & Realty

Listing ID: 2404456 The information on this listing has been provided by either the seller or a business broker representing the seller. BizQuest has no interest or stake in the sale of this business and has not verified any of the information and assumes no responsibility for its accuracy, veracity, or completeness. See our full Terms of Use. Learn how to avoid scams.