Riverside Motel
10429 State Hwy 27, Hayward, WI 54843
Listing courtesy of Jeremy Mavis, Woodland Dev. & Realty
List Price: $1,500,000
15
Units
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SqFt
140
Water Frontage
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Age
0.658
Acres
Property Description
Exceptional investment opportunity on the shores of Lake Hayward! This well-maintained motel features 15 rentable rooms, including 5 lakeside rooms with private balconies, 10 other rooms (1 with a lake view)—offering a mix of comfort and scenery to suit a variety of guests. Several rooms and bathrooms have been tastefully remodeled, and all units feature new beds, frames, and furniture for a fresh and inviting experience.
Guests will love the patio by the water, private dock, firepit area, and fish cleaning house—perfect for relaxing after a day on the lake. Canoes and kayaks are available for rent onsite, adding to the Northwoods adventure.
A private owner’s quarters with lake access and a newly remodeled main level provides a perfect on-site living situation or management setup, complete with a beautiful new kitchen and deck overlooking the lake.
Ideally located on Snowmobile Trail #31 and the Hayward walking trail, the property is a hub for year-round recreation—ATV/UTV riding, fishing, hiking, skiing, and more. Just steps from mini-golf and go-karts, and walking distance to downtown Hayward, shopping, and dining.
Whether you’re seeking a lifestyle change or looking to expand your hospitality portfolio, this turnkey property offers charm, income potential, and a prime Northwoods location.

Video Tour
Exterior Pictures
Lakeside Rooms
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Other Rooms
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Owner’s Residence
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Check-in Area
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Property Details
Owners’s Residence / Office
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Lakeside Building
???? square feet (finished)
??? square feet (unfinished)
Roadside Building
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Acreage: 0.658
Basement: Slab, Partial
Foundation: Block, Poured
Driveway: Asphalt
Fuel Source: Electric, Natural Gas
Sewer: City
Water: City
Heating: PTAC units, in-floor, forced air
Cooling: PTAC units, Window A/C units
Taxes/Yr: $8,611.58/ 2024
Tax ID: 38885
City: Hayward
Year Built: ????
County: Sawyer
Zoning: City Commercial One
Water Heaters: Electric, Natural Gas
Electric: Circuit Breaker
Exterior: LP, Block, Brick
Included/Excluded
Included: Motel operating fixtures, all items in the motel rooms, Supply inventory, washer and dryer, Domain name, Digital assets, U-Haul contract
Excluded: Seller’s personal property in the Owner’s and housekeeping residence, coin-operated washer and dryer, hot water heater in main building
Woodland Dev. & Realty makes no representations or guarantees for any information provided. Information derived from multiple sources. May include owners, providers, county, state and federal agencies. All verification to be performed by recipient.
10429 State Hwy 27, Hayward, WI 54843
Jeremy Mavis
Woodland Dev. & Realty


Office
15563 Railroad St
Hayward, WI 54843

Business Hours
24 / 7 / 365

