504 Water Street, Sheboygan Falls, WI 53085
Historic inn with adjacent restored cottage offers flexible lodging and dining operations in downtown Sheboygan Falls.
Property Features for 504 Water Street
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The property is located in the Cole Historic District of Sheboygan Falls, within walkable access to restaurants, boutiques, and local amenities. It is approximately one mile from the Village of Kohler.
Operations are currently supported by a commercial hotel license, along with a medium-complexity restaurant license, providing the ability to serve meals to guests and supporting flexible ownership scenarios. The inn and cottage configuration may be used for a traditional owner-occupied bed and breakfast model, offsite ownership with professional management, or hybrid approaches including an owner residence within the Garden Suite or Cole House. The Cole House adds additional operational versatility with a full residential kitchen, multiple dining and living areas, four bedrooms, two full bathrooms, and amenities including a game room, kitchenette, and sauna, with suitability for guest accommodations, a private residence, or extended-stay use.
Key Highlights
- Rochester Inn built in 1848 with 5 luxury suites and 1 classic guest room, plus breakfast and sitting room areas near a commercial kitchen
- Adjacent Cole House built in 1842 and extensively restored, adding 4 bedrooms and 2 full bathrooms plus dining/living spaces
- Cole House includes a full residential kitchen, custom gas fireplace, exposed historic beams, and features such as a game room, kitchenette, and sauna
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Trade Area within ½ mile
Demographics for 53085, WI
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