403 5th Street, Wheaton, Minnesota, 56296

$285,000 - Wheaton

For Sale

0.29

Acres

Overview

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

Details

  • Price
    $285,000
  • MLS® #
    MLS® # 7135786
  • Year Built
    Year Built 1955
  • Area Size
    Size 0
  • Lot Description
  • Lot Acreage
    0.29
  • City Wheaton
  • State Minnesota
  • Postal code 56296
Listing Courtesy of Aire LLC