403 5th St N - Hospitality FOR SALE


Wheaton, MN 56296
$325,000 USD
320-292-6986
403 5th St N, Wheaton, MN for Sale
$325,000 USD
Hospitality - FOR SALE
1/2
null | Request Cap Rate

403 5th St N
Wheaton, MN 56296


HIGHLIGHTS

  • only hospitality property in the area
  • Large rooms

OVERVIEW

Rare chance to own the only motel in Wheaton; 25 keys and an owners suite, established and operating, real estate and business included. With no competing motel in town, the Wheaton Inn captures steady demand from lake traffic, hunters, contractors, and travelers passing through Traverse County. Rooms feature TVs, mini-fridges, and microwaves, free Wi-Fi, on-site parking, and a pet-friendly setup. Sitting minutes from Lake Traverse and Big Stone Lake, the property pulls consistent seasonal business from anglers, hunters, and outdoor visitors. Being offered with all furnishings, fixtures, and equipment. This is an owner-operator opportunity with room to grow revenue through updates and active management. Financials available to qualified buyers with a signed confidentiality agreement.

FOR SALE DETAILS

PRICE

$325,000 USD

PRICE/SF

$28 USD /SF

# OF ROOMS

25

PRICE/ROOM

$13,000 {currency}

CAP RATE

Request Cap Rate

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Wheaton Inn

PROPERTY TYPE

Hospitality

TOTAL BUILDING SIZE

-

STORIES

1

ROOM ENTRANCE

Exterior

BUILDING CLASS

C

YEAR BUILT

1955

PARKING SPACES

32

LAND DETAILS

LAND ACRES

0.28 AC

LAND SF

12,197 SF

ZONING

SFR

APN/PARCEL ID

23-0738000

ASK ABOUT THIS PROPERTY

Daniel AnshusFinancially Free, LLCMore Info
320-292-6986

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Daniel AnshusFinancially Free, LLCMore Info
320-292-6986

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