For Sale
$450,000

16021 Hwy Hayward, WI 54843

Thriving Northwoods Restaurant, Huge Potential

Property Records

Overview

Added:
Feb 3
Days on market:
85
This exceptional commercial property in Hayward, Wisconsin, presents a unique investment opportunity. Located on Highway 27, the 2,040 square foot building boasts over 1,000 feet of highway frontage and sits on a spacious 9.6-acre lot. Currently operating as a successful restaurant, the property features a cozy atmosphere with a wood-burning stove, bar seating for twelve, and ample dining space for fifty-two patrons. Recent updates include new lighting, flooring, a point-of-sale system, and coolers. The restaurant's menu focuses on popular Northwoods cuisine, including a Friday fish fry, ensuring a loyal customer base and consistent revenue. A substantial blacktop parking lot accommodates over forty vehicles, supplemented by additional gravel parking. The property also includes a detached garage and a storage shed, providing ample storage space. A significant advantage is the building's rear space, previously used as residential quarters, which could be easily converted back into a one-bedroom owner's suite. This versatile property offers immense potential for continued restaurant operation or a variety of alternative business ventures, making it an attractive investment in a desirable Northwoods location. The asking price is $450,000.

Property Details for 16021 Hwy

Property type
Commercial real estate
Square Feet
2,040 SF
Lot Size (sq. ft)
418,176 SF

Location Insight

City
Hayward
County
SAWYER
State
Wisconsin
Latitude
46.0095
Longitude
-91.3641

FAQs

What type of property is this?
Commercial real estate - Thriving Northwoods Restaurant, Huge Potential
Where is the commercial real estate located?
The property is located at 16021 Hwy Hayward, WI.
What is the asking price?
The asking price for this property is $450,000.
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16021 Hwy
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