201 N Main Street Alma, WI $ 395,000
201 N Main Street
$ 395,000
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201 N Main Street

Alma, WI, 54610
$ 395,000
Bedrooms-- Baths--

Monthly Estimate*

$ 2,728

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Commercial Property for sale in Alma, WI

for $395,000. This building was built in 1853 on a lot size of 0.109.

Rare opportunity to own one of Wisconsin’s most historic and beloved hospitality destinations. Originally known as the Union House and dating back to the pre-Civil War era, the Historic Alma Hotel is recognized as one of the oldest continually operating restaurants in the state. Located along the scenic Great River Road in Alma, this well-established property features a full-service restaurant, bar, outdoor patio, breakfast area, game room, exterior cooler, and additional storage space with a covered lean-to. A commercial food license for catering creates added income potential. The upper-level hotel accommodations include eight guest rooms, with two offering double beds, two offering queen beds, and four offering full-size beds, along with six shared bathrooms and two private bathrooms. Known for its strong regional reputation and loyal customer base, the property draws both locals and visitors traveling through the Mississippi River region year-round. Recent updates include refinished floors (April 2026), an updated electrical panel (2022), and a fully remodeled commercial kitchen with all equipment replaced within the past four years, with all appliances included. A truly unique opportunity to own a thriving business rich in history, character, and lasting community presence.

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Commercial Pending

Price

$ 395,000

Property Type

Commercial

Taxes

$ 4,861

Style

Lot Size

0.109

Year Built

1853

Town/City

Alma

County/Region

Buffalo

MLS | Web ID

7056657

Features
General
Sewer City Sewer/Connected
Heating Forced Air
Utilities Electric Separate Heating Separate
Garage Spaces 0
Year Built 1853
Levels Two
Tax Year 2025
Current Use Food Service Hotel/Motel Restaurant
Accessibility Fully Wheelchair
County Buffalo
New Construction N
Property Type Commercial Sale
Contingency None
Subdivision Name Alma
Possible Use Restaurant Income Motel/Hotel
Directions Head N on WI-35 / Great River Road toward Alma. Left onto S Main St. Property will be on the left at 201 S Main St.
City Alma
High School District Alma
Zoning Description Business/Commercial
Number Of Units Total 8
Lot Size Units Acres
Land Lease Y/N N
Tax Annual Amount 4861
Additional Parcels Y/N N
Standard Status Pending
Lender Owned No
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Exterior
Parking Features On-Street Parking Only
Water Source City Water/Connected
Inclusions Building Fixture/Equipment
Lot Size Area 0.109
Lot Dimensions 50x95
Waterfront Y/N N
Foundation Area 3990
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Interior
Basement (Y/N) N
Fuel Propane
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Internal Only
Street Number 1 201
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* Excluded Features
List By
Re/Max Results

Broker

beth@gwaltneygroup.com

Email

Affordability Calculator

$3,133
Per Month
87%
13%
0%
Monthly Principal & Interest
$2,728
Monthly Property Taxes
$405
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 7.375% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
3048640 Elementary School
3048569 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
7/28/2026$395,000 -12.03% Price Down
4/23/2026$449,000 Listed Price

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201 N Main Street, Alma, WI, 54610 is a Commercial Property for sale at $395,000 with a lot size of 0.109. 201 N Main Street was built in 1853. The property's zip code is 54610 which is in Alma, WI