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403 5th Street N, Wheaton, MN 56296

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Listed By

Agency Name: Financially Free, LLC
Agency Phone: 612-559-0150

Shown By

Agency Title: Counselor Realty
Agency Phone:

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Property Description

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.

403 5th Street N | MLS# 7100433

This commercial property located at 403 5th Street N, Wheaton, MN 56296 is currently listed for sale with an asking price of $325,000. 5th Street N is located within the Wheaton Area Schools school district. Search Wheaton real estate on www.counselorrealty.com today.

Property Features

Property Type: Commercial - Business
Cooling: Wall Unit(s)
Fuel Type: Propane
Garage: 1
Heating: Baseboard, Boiler
Lot Size: 0.29 Acres
Roof Type: Age 8 Years or Less
Stories: 1.0
Taxes: $5,588
Year Built: 1955

Feature Descriptions

Appliances: Dryer, Microwave, Refrigerator, Washer
Basement: Crawl Space, Owner Access
Current Use: Hotel/Motel
Days on Site: 2
Foundation Size: 9000
Lot Dimensions: 380x168
Owners Expense: All Utilities, Cable TV, Common Area Maintenance, Exterior Maintenance, Grounds Care, Hot Water, HVAC Maintenance, Repairs, Roof Maintenance, Snow Removal
Parcel#: 230738000
Parking: Detached Garage, Gravel, Parking Lot, Paved Lot, Unassigned, Open
Sale Includes: Building, Business Assets, Business
Sewer: City Sewer/Connected
Units: 25
Utilities: Electric Common, Heating Common, Hot Water Common
Water: City Water/Connected

Local Schools

School District: Wheaton Area Schools

Near By

Demographics

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