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Historic 22-Room Hotel
For Sale
$675,000

333 Main St W, Wabasha, MN 55981

Hospitality property combining lodging, dining, an outdoor patio, wine tasting bar, and a separate speakeasy-style bar.

Property Size15,385 SF
Price / SF$43.87
Days on Market24

Property Features for 333 Main St W

General Information

Standard status Active
Size 15,385 SF

Restaurant

Patio Yes
Equipment Included Yes

Additional Details

Furnished Yes
Business Included Yes

Amenities

game room
wine tasting bar
carriage house

Building Details

Year Built 1856
Listing Agency: Re/Max Results
Listed By: Robin Gwaltney
Source: Searchhousesnow
Added: Aug 7 Changed: Aug 28 Last Checked: Aug 29 at 11:47AM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Re/Max Results

Investment Insights

Based on property information with market context.

Built in 1856, this 22-room hotel is listed on the National Register of Historic Places and includes a combination of lodging, dining, and bar facilities. The property includes a restaurant with seating for over 100 guests and an outdoor patio, while the lobby incorporates a game room and a wine tasting bar. A separate bar beneath the hotel accommodates 25 guests and adds another operating component to the property.

The offering includes the real estate, furnishings, and equipment associated with the hotel, restaurant, and bar. A carriage house behind the hotel provides additional space identified for guest accommodations, staff housing, or potential Airbnb use. The property is located at 333 Main St W in Wabasha, Minnesota, with views of the Mississippi River.

Key Highlights

  • 22‑room hotel built in 1856
  • Listed on the National Register of Historic Places
  • Restaurant seats over 100 and includes an outdoor patio

Property Analytics

Current Use

Hotels

Suggested Use

Top Pick Law Firm Electrical Service Pharmacy Big Box & Wholesale Store Real Estate Agency Plumbing Service

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

309
Businesses Nearby
25k
Monthly Visits Nearby

Foot Traffic Nearby

Shops & Services 92% Dining 8%
Kwik Trip Shops & Services
22,035 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

Market

Vacancy Rate% for Retail in Midwest region

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

What type of property is this?
Hotel - Hospitality property combining lodging, dining, an outdoor patio, wine tasting bar, and a separate speakeasy-style bar.
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 $675,000.
What are key features of this property?
This property features: 22‑room hotel built in 1856; Listed on the National Register of Historic Places; Restaurant seats over 100 and includes an outdoor patio
More about this property
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