403 5th Street N Wheaton, MN $ 285,000
403 5th Street N
$ 285,000
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403 5th Street N

Wheaton, MN, 56296
$ 285,000
Bedrooms-- Baths--

Monthly Estimate*

$ 1,968

403 5th Street N, Wheaton, MN 56296 - Image 1
403 5th Street N, Wheaton, MN 56296 - Image 2
403 5th Street N, Wheaton, MN 56296 - Image 3
403 5th Street N, Wheaton, MN 56296 - Image 4

Commercial Property for sale in Wheaton, MN

for $285,000. This building was built in 1955 on a lot size of 0.29.

Rare chance to own the only motel in Wheaton! 25 rooms and an owners suite, established and operating. Real estate and business is included, With no competing motel in the area, the Wheaton Inn captures a steady demand from lake traffic, hunters, contractors and travelers passing through. Sitting minutes from Lake Traverse and Big Stone Lake, the property pulls consistent seasonal business from anglers, hunters and outdoor enthusiasts. Being offered with all furnishings, fixtures and equipment minus what is in the owners personal quarters. This is an owner-operator opportunity with room to grow revenue through updates and active advertising. Financials available to qualified buyers with a signed non-disclosure agreement

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Commercial Active

Price

$ 285,000

Property Type

Commercial

Taxes

$ 5,498

Style

Lot Size

0.29

Year Built

1955

Town/City

Wheaton

County/Region

Traverse

MLS | Web ID

7135786

Features
General
Sewer City Sewer/Connected
Heating Baseboard Boiler
Cooling Wall Unit(s)
Utilities Electric Common Heating Common Hot Water Common
Roof Age 8 Years or Less
Appliances Dryer Microwave Refrigerator Washer
Garage Spaces 1
Pool Features None
Year Built 1955
Tenant Pays None
Levels One
Tax Year 2026
Current Use Hotel/Motel
Gross Income 141934
Accessibility None
County Traverse
Operating Expense 58370
New Construction N
Property Type Commercial Sale
Contingency None
Subdivision Name O Einer Oscarsons Add 02
Possible Use Motel/Hotel
Directions heading west on 27 head north on 5th st property will be on your left
City Wheaton
High School District Wheaton Area Schools
Zoning Description Business/Commercial
Number Of Units Total 25
Lot Size Units Acres
Land Lease Y/N N
Tax Annual Amount 5498
Additional Parcels Y/N N
Standard Status Active
Lender Owned No
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Interior
Basement Crawl Space Owner Access
Basement (Y/N) N
Ceiling Height Less Than 8 Feet
Fuel Propane
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Exterior
Fencing None
Parking Features Detached Garage Gravel Parking Lot Paved Lot Unassigned Open
Water Source City Water/Connected
Inclusions Building Business Assets Business Fixture/Equipment Inventory Land Leases
Lot Size Area 0.29
Lot Dimensions 380x168
Waterfront Y/N N
Foundation Area 9000
Road Responsibility Public Maintained Road
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Internal Only
Street Number 1 403
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* Excluded Features
List By
Aire Llc

Broker

dan@theduplexdan.com

Email

Affordability Calculator

$2,427
Per Month
81%
19%
0%
Monthly Principal & Interest
$1,968
Monthly Property Taxes
$458
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
4064292 Elementary School
4064291 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
8/29/2026$285,000 Listed Price

Map


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403 5th Street N, Wheaton, MN, 56296 is a Commercial Property for sale at $285,000 with a lot size of 0.29. 403 5th Street N was built in 1955. The property's zip code is 56296 which is in Wheaton, MN