504 Water Street, Sheboygan Falls, WI 53085
Historic inn with adjacent restored cottage offers flexible lodging and dining operations in downtown Sheboygan Falls.
- Added:
- Jun 15, 2026
- Days on Market:
- 7
- Last Refresh:
- Jun 20 at 8:07 am
Property Features for 504 Water Street
General Information
- Standard status
- Active
- Property subtype
- Hospitality
Building Details
- Year Built
- 1848
Listing agent Eben Viens License #082.0134402
Listing office The B&B Team
Listing date Jun 15, 2026
Source Crexi
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 The B&B Team
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
- Operates under a commercial hotel license and a medium‑complexity restaurant license, supporting multiple owner/management models including offsite ownership
- Six dedicated parking spaces included, plus an exterior courtyard for seasonal dining and social space
- Travel Wisconsin Travel Green Certified with nearby demand supported by Kohler attractions and Lake Michigan recreation
Overview
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.
Current Use by Public Records
Similar Places Nearby
- Red Fox Cabin — 1141 Lower Falls Rd, Kohler, WI 53081
- The Fringe, A Country Inn — 711 Giddings Ave, Sheboygan Falls, WI 53085
- Rochester Inn — 504 Water St, Sheboygan Falls, WI 53085
- Ken Kruse or Lori Griego — 105 Bryant Ct, Sheboygan Falls, WI 53085, United States
Location Insight
- Map
- Local Demand
- City
- Sheboygan Falls
- County
- Sheboygan
- State
- Wisconsin
- Longitude
- -87.8092
- Latitude
- 43.72894