Search
Historic 22-Room Hotel
For Sale
$599,000

333 Main Street W, Wabasha, MN 55981

Commercial Sale, Wabasha, MN

Property SizeContact for details
Lot Size0.42 Acres
Days on Market89

Property Features for 333 Main Street W

General Information

Property type Commercial Sale
Property subtype Other
Zoning description Business/Commercial
Parking features On Street, Covered
Window features Blinds, Drapes, Bay Window(s)
Exterior features Brick/Stone, Wood
Accessibility Accessible Approach with Ramp
Appliances Dishwasher, Double Oven, Water Heater - Gas, Range, Refrigerator, Stainless Steel Appliances, Washer
Lot features Corner Lot
High school district Wabasha-Kellogg
Directions E on Pembroke, L on Main St
Standard status Active
APN 270026703
Lot size 0.42 Acres

Taxes and HOA fees

Tax Year 2025
Tax Annual Amount 11854

Utilities

Heating system Oil
Cooling system Central Air

Amenities

game room
wine tasting bar

Building Details

Year built 1856
Building materials Timber/Post & Beam, Brick, Stone
Roof type Flat, Rubber
Listing Agency: Re/Max Results · RE/MAX International
Listed By: Robin Gwaltney
Added: Jun 19 Changed: Sep 13 Last Checked: Sep 15 at 7:06PM
MLS# 7096320

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.

Built in 1856, this hotel property in Wabasha includes 22 guest rooms and is listed on the National Register of Historic Places. The building features a lobby game room and a wine tasting bar, while the family restaurant accommodates over 100 guests and opens to an outdoor patio. A lower-level bar seats 25 and provides a separate hospitality setting beneath the hotel.

The property occupies 0.42 acres at 333 Main Street W and offers views of the Mississippi River. Improvements include brick, stone, and timber/post-and-beam construction, central air, oil heat, a covered parking area, and an accessible approach with ramp. A carriage house behind the hotel provides additional space for guest accommodations or staff housing. The sale includes the real estate, furnishings, and equipment associated with the hotel, restaurant, and bar operations.

Key Highlights

  • 22‑room hotel built in 1856 and listed on the National Register of Historic Places
  • Restaurant seating for over 100 guests with a spacious outdoor patio
  • Lower‑level bar with seating for 25

Property Analytics

Unlock full access to Insights Subscribe to Realmo Intelligence
Open Analytics

Current Use

Hotels

Suggested Use

Top Pick Law Firm Electrical Service Pharmacy Big Box & Wholesale Store Furniture & Home Goods Kitchen & Bath Showroom

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

Location Intelligence

Trade Area within ½ mile

308
Businesses Nearby
31k
Monthly Visits Nearby

Foot Traffic Nearby

Shops & Services 93% Dining 7%
Kwik Trip Shops & Services
22,035 visits/mo 0.4 miles
Dollar General Shops & Services
5,748 visits/mo 0.5 miles
SUBWAY Dining
2,105 visits/mo 0.5 miles
Carquest Auto Parts - Dick's Auto Parts Shops & Services
741 visits/mo 0.4 miles

Demographics for 55981, MN

3,998
Population
2,229
Households
1.8
Avg Household Size
55
Median Age
26%
College-Educated
95%
High-School Grad
50.9 sq mi
ZIP Area
79
Density / Sq Mi
$69,195
Median Household Income
$42,211
Median Earnings
$773
Median Rent
$234,300
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
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.

Frequently Asked Questions

What type of property is this?
Hotel - Hospitality property combines lodging, restaurant service, a wine tasting bar, and an intimate lower-level bar.
Where is this hotel located?
The property is located at 333 Main Street W Wabasha, MN.
What is the asking price?
The asking price for this property is $599,000.
What are key features of this property?
This property features: 22‑room hotel built in 1856 and listed on the National Register of Historic Places; Restaurant seating for over 100 guests with a spacious outdoor patio; Lower‑level bar with seating for 25
More about this property
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Please enter message