403 5th ST N, Wheaton, MN 56296
403 5th ST N, Wheaton, MN 56296
403 5th ST N, Wheaton, MN 56296
403 5th ST N, Wheaton, MN 56296
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$ 285,000
Est. payment | /mo

0.29 Acres Lot


Save
$ 285,000
Est. payment | /mo
Save

0.29 Acres Lot

Key Details

Property Type Commercial

Listing Status Active

Purchase Type For Sale

Subdivision O Einer Oscarsons Add 02

MLS Listing ID 7135786

Year Built 1955

Annual Tax Amount $5,498

Tax Year 2026

Contingent None

Lot Size 0.290 Acres

Lot Dimensions 380x168

Property Description

Rare chance to own the only motel in Wheaton! @5 rooms and an owners suite, established and operating. Real estate and business is included, With no competing motel in the area, the Wheaton Inn captures a steady demand from lake traffic, hunters, contractors and travelers passing through. Sitting minutes from Lake Traverse and Big Stone Lake, the property pulls consistent seasonal business from anglers, hunters and outdoor enthusiasts. Being offered with all furnishings, fixtures and equipment minus what is in the owners personal quarters. This is an owner-operator opportunity with room to grow revenue through updates and active advertising. Financials available to qualified buyers with a signed non-disclosure agreement

Location

State MN

County Traverse

Zoning Business/Commercial

Rooms

Basement Crawl Space, Owner Access

Interior

Heating Baseboard, Boiler

Cooling Wall Unit(s)

Flooring Carpet

Inclusions Building, Business Assets, Business, Fixture/Equipment, Inventory, Land, Leases

Fireplace No

Appliance Dryer, Microwave, Refrigerator, Washer

Exterior

Parking Features Detached Garage, Gravel, Parking Lot, Paved Lot, Unassigned, Open

Garage Spaces 1.0

Fence None

Pool None

Utilities Available Electric Common, Heating Common, Hot Water Common

Roof Type Age 8 Years or Less

Present Use Hotel/Motel

Building

Story One

Foundation 9000

Sewer City Sewer/Connected

Water City Water/Connected

Level or Stories One

New Construction false

Schools

School District Wheaton Area Schools

Listed by Daniel Anshus • Aire LLC

NEARBY SCHOOLS & PROPERTIES

Cynthia Froid

"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "

+1(612) 578-1303

cindy@cynthiafroid.com

709 2nd Street South, Minneapolis, Minnesota 55401, United States

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403 5th ST N