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Boutique Bed and Breakfast Property
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504 Water Street, Sheboygan Falls, WI 53085

Historic inn with adjacent restored cottage offers flexible lodging and dining operations in downtown Sheboygan Falls.

Property SizeContact for details
Days on Market53

Property Features for 504 Water Street

General Information

Standard status Active
Total Parking Spaces 6
Property subtype Hospitality

Additional Details

Business Included Yes
Commercial Hood Yes

Building Details

Year Built 1848
Year Renovated 2025
Listing Agency: The B&B Team
Listed By: Eben Viens · License #082.0134402
Source: Crexi
Added: Jun 15 Changed: Jul 10 Last Checked: Aug 5 at 6:04AM

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

Investment Insights

Based on property information with market context.

The Rochester Inn & Cole House is a boutique hospitality property that combines a historic inn with an adjacent fully restored cottage, creating two distinct hospitality/residential options under one ownership. The Rochester Inn includes five luxury suites and one classic guest room, with four expansive two-story suites featuring first-floor sitting areas, wet bars, whirlpool tubs, and premium in-room amenities. Common guest areas include a breakfast and sitting room adjacent to a commercial kitchen, and an exterior courtyard supports seasonal dining and social space. The offering also includes six dedicated parking spaces.

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

Property Analytics

Current Use

Rochester Inn Hotel & Motel

Suggested Use

Top Pick Law Firm Hair Salon Dental Office Real Estate Agency Nail Salon HVAC 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
Yes
Commercial hood

Location Intelligence

Trade Area within ½ mile

330
Businesses Nearby
Balanced
Demand for This Use

Demographics for 53085, WI

11,671
Population
5,308
Households
2.2
Avg Household Size
46
Median Age
27%
College-Educated
94%
High-School Grad
69.7 sq mi
ZIP Area
167
Density / Sq Mi
$72,037
Median Household Income
$48,395
Median Earnings
$859
Median Rent
$229,200
Median Home Value
Rey
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.

Similar Off Market Nearby

  • Red Fox Cabin 1141 Lower Falls Rd, Kohler, WI 53081
  • The Fringe, A Country Inn 711 Giddings Ave, Sheboygan Falls, WI 53085
  • Werner Homes - Newport Model 243 n 6th st, 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

Frequently Asked Questions

What type of property is this?
Bed & breakfast - Historic inn with adjacent restored cottage offers flexible lodging and dining operations in downtown Sheboygan Falls.
Where is this bed & breakfast located?
The property is located at 504 Water Street Sheboygan Falls, WI.
What is the asking price?
The asking price for this property is $1,150,000.
What are key features of this property?
This property features: 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
More about this property
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