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Hotel with Restaurant and Guest Rooms
For Sale
$395,000
Pending

201 N Main Street, Alma, WI 54610

Commercial Sale, Alma, WI

Property SizeContact for details
Lot Size0.11 Acres
Days on Market169

Property Features for 201 N Main Street

General Information

Property type Commercial Sale
Property subtype Other
Zoning description Business/Commercial
Parking features On Street
Accessibility Accessible Approach with Ramp
Subdivision Alma
High school district Alma
Directions Head N on WI-35 / Great River Road toward Alma. Left onto S Main St. Property will be on the left at 201 S Main St.
Standard status Pending
APN 201002080000
Lot size 0.11 Acres

Taxes and HOA fees

Tax Year 2025
Tax Annual Amount 4861

Utilities

Heating system Forced Air

Amenities

breakfast area
game room
exterior cooler
storage space
covered lean-to

Building Details

Year built 1853
Listing Agency: Re/Max Results · RE/MAX International
Listed By: Beth Biever
Added: Apr 23 Changed: Oct 6 Last Checked: Oct 8 at 1:06AM
MLS# 7056657

Copyright © 2026 Northstar MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

Investment Insights

Based on property information with market context.

This Alma hotel combines an operating restaurant and bar with eight guest rooms on the upper level. The room mix includes two rooms with double beds, two with queen beds, and four with full-size beds; guests share six bathrooms, while two rooms have private bathrooms. Restaurant amenities include a patio, breakfast area, game room, exterior cooler, and storage with a covered lean-to. The commercial kitchen was remodeled, with its equipment replaced within the past four years; appliances are included.

The property is on Great River Road in Alma, Wisconsin. A commercial food license covers catering. Improvements include refinished floors in April 2026 and an updated electrical panel in 2022.

Key Highlights

  • Eight guest rooms: two with double beds, two with queen beds, and four with full‑size beds
  • Six shared bathrooms and two private bathrooms
  • Restaurant, bar, outdoor patio, breakfast area, and game room

Property Analytics

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Current Use

Hotels

Suggested Use

Top Pick HVAC Service Auto Repair Shop Plumbing Service Auto Parts Store Garden Center Bakery

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

Turnkey business
Opportunity
Yes
Paved road access

Location Intelligence

Trade Area within ½ mile

168
Businesses Nearby
8k
Monthly Visits Nearby

Foot Traffic Nearby

Shops & Services 100%
Kwik Trip Shops & Services
7,494 visits/mo 0.2 miles
Napa Auto Parts Shops & Services
357 visits/mo 0.3 miles

Demographics for 54610, WI

1,521
Population
918
Households
1.7
Avg Household Size
52
Median Age
28%
College-Educated
92%
High-School Grad
127.8 sq mi
ZIP Area
12
Density / Sq Mi
$61,563
Median Household Income
$43,403
Median Earnings
$776
Median Rent
$195,100
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Vacancy Rate% for Retail in Midwest region

8% 2020
7.3% 2021
6.5% 2022
6% 2023
5.7% 2024
6.3% 2025
Rey
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Frequently Asked Questions

What type of property is this?
Hotel - Eight upstairs accommodations complement a restaurant, bar, patio, and commercial kitchen.
Where is this hotel located?
The property is located at 201 N Main Street Alma, WI.
What is the asking price?
The asking price for this property is $395,000.
What are key features of this property?
This property features: Eight guest rooms: two with double beds, two with queen beds, and four with full‑size beds; Six shared bathrooms and two private bathrooms; Restaurant, bar, outdoor patio, breakfast area, and game room
More about this property
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