403 5th Street N, Wheaton, MN
$285,000
9,000
Square feet
0.29
Acres
About 403 5th Street N
Rare chance to own the only motel in Wheaton! 25 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
Features of 403 5th Street N
| MLS® # | 7135786 |
|---|---|
| Price | $285,000 |
| Square Footage | 9,000 |
| Acres | 0.29 |
| Year Built | 1955 |
| Type | Commercial |
| Status | Active Contingent |
| Contingency Type | Inspection |
Community Information
| Address | 403 5th Street N |
|---|---|
| Subdivision | O Einer Oscarsons Add 02 |
| City | Wheaton |
| County | Traverse |
| State | MN |
| Zip Code | 56296 |
Amenities
| Utilities | Electric Common, Heating Common, Hot Water Common |
|---|---|
| Parking | Detached Garage, Gravel, Parking Lot, Paved Lot, Unassigned, Open |
| # of Garages | 1 |
| Is Waterfront | No |
| Has Pool | No |
| Pool | None |
Interior
| Appliances | Dryer, Microwave, Refrigerator, Washer |
|---|---|
| Heating | Baseboard, Boiler |
| Cooling | Wall Unit(s) |
| Fireplace | No |
| Has Basement | Yes |
| Basement | Crawl Space, Owner Access |
Exterior
| Exterior Features | Wood |
|---|---|
| Roof | Age 8 Years or Less |
School Information
| District | Wheaton Area Schools |
|---|
Additional Information
| Zoning | Business/Commercial |
|---|---|
| Foreclosure | No |
| Short Sale | No |
| Taxes | $5,498 |
| Tax Year | 2026 |
| Office | Aire LLC |
Listing Details
| Office | Aire LLC |
|---|