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    333 Main St W Wabasha, MN 55981

    For Sale
    $899,000

    Commercial - Wabasha, MN

    Lot size:
    0.42 Acres
    Days on Market:
    87
    Last Refresh:
    Dec 5 at 12:06 am

    Property Features for 333 Main St W

    General Information

    Property type
    Commercial Sale
    Property subtype
    Other
    Standard status
    Active
    Zoning
    Business/Commercial
    APN
    270026703
    Exterior features
    Brick/Stone, Wood
    Appliances
    Dishwasher, Oven - Double, Range, Refrigerator, Washer
    Lot size
    0.42 Acres

    Utilities

    Cooling system
    Central Air

    Building Details

    Year built
    1856
    Flooring type
    Carpet, Wood
    Building materials
    Brick, Plaster, Stone
    Roof type
    Flat, Rubber
    Architectural style
    Other

    RE/MAX Results (952) 829-2900 [email protected]

    Listing agent Robin Gwaltney (952) 829-2900

    Listing date Sep 10, 2025

    MLS# 6719954 Listing URL

    Copyright © 2025 Regional Multiple Listing Service of Minnesota [NorthStarMLS]. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Historic Hotel with Restaurant & Bar

    The Anderson House Hotel, a property listed on the National Register of Historic Places, presents a commercial opportunity in Wabasha, Minnesota. This establishment has operated since 1856 and features 22 guest rooms. The property includes a family restaurant with seating for over 100 patrons and a spacious outdoor patio. The hotel lobby offers a game room and a wine tasting bar that serves house wine produced exclusively for the hotel by Red Wing Wine & Whiskey Company, crafted from Minnesota-grown grapes. The property also features 15 barrels of wine and on-site grapevines. The Lost Dutchman, a speakeasy-style bar with seating for 25, is located beneath the hotel. Additionally, there is a carriage house behind the hotel that could be used for guest accommodations, staff housing, or as a potential Airbnb. The sale includes the real estate, all furnishings, equipment, the hotel, restaurant, bar, and the Red Wing Wine & Whiskey businesses. The property is situated on a 0.42-acre lot in the heart of Wabasha and offers views of the Mississippi River.
    Property Profile Location Intelligence

    Current Use by Public Records

    Hotels

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Building Supply Clothing Store Auto Repair Shop

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Wabasha
    County
    Wabasha
    State
    Minnesota
    Longitude
    -92.03501749
    Latitude
    44.38489456

    Nearby Similar for Sale

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    FAQs

    What type of property is this?
    Hotel - Historic Wabasha hotel with restaurant, bar, and wine business.
    Where is this hotel located?
    The property is located at 333 Main St W Wabasha, MN.
    What is the asking price?
    The asking price for this property is $899,000.
    What are key features of this property?
    This property features: - Historic Hotel & Restaurant: Established in 1856 and listed on the National Register of Historic Places.; - Turnkey Business: Includes real estate, all furnishings, equipment, hotel, restaurant, bar, and Red Wing Wine & Whiskey businesses.; - On-Site Winery Experience: Features house wine production (15 barrels), on-site grapevines, and a wine tasting bar.
    (952) 829-2900
    Request Owner's contact information
    333 Main St W Wabasha, MN 55981
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    Wabasha, MN 55981
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    333 Main St W Wabasha, MN 55981
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