Anand Prashad, Broker
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403 5th Street N, Wheaton, MN 56296

$285,000
MLS# 7135786
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Anand Prashad, Broker

Anand Prashad, Broker
Call: (612) 790-6080

STATUS: Contingent
PROPERTY TYPE: Commercial - Business
SUBDIVISION: O Einer Oscarsons Add 02
SCHOOL: Wheaton Area Schools
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Property Description

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

403 5th Street N | MLS# 7135786

This commercial property located at 403 5th Street N, Wheaton, MN 56296 is currently listed for sale with an asking price of $285,000. 5th Street N is located within the Wheaton Area Schools school district. Search Wheaton real estate on aprashad.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: $5,498
Year Built: 1955

Feature Descriptions

Appliances: Dryer, Microwave, Refrigerator, Washer
Basement: Crawl Space, Owner Access
Current Use: Hotel/Motel
Days on Site: 5
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, Fixture/Equipment, Inventory, Land, Leases
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

Listed By / Shown By

Listed By

Agency Name: Aire LLC
Agency Phone: 612-888-5888

Shown By

Agent Name: Anand Prashad, Broker
Agent Phone: (612) 790-6080
Agency Title: Counselor Realty

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