$325,000
( )
 $1,745 est/mo Sourced by Back At You

403 5th Street N,Wheaton, MN 56296

Wheaton, MN 56296

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Description

Rare chance to own the only motel in Wheaton; 25 keys and an owners suite, established and operating, real estate and business included. With no competing motel in town, the Wheaton Inn captures steady demand from lake traffic, hunters, contractors, and travelers passing through Traverse County. Rooms feature TVs, mini-fridges, and microwaves, free Wi-Fi, on-site parking, and a pet-friendly setup. Sitting minutes from Lake Traverse and Big Stone Lake, the property pulls consistent seasonal business from anglers, hunters, and outdoor visitors. Being offered with all furnishings, fixtures, and equipment. This is an owner-operator opportunity with room to grow revenue through updates and active management. Financials available to qualified buyers with a signed confidentiality agreement.

Details

MLS #7100433
Listing TypeFor Sale
Sub-TypeResale
StatusActive
Year1955
Days On Site57
Listing Provided ByFinancially Free, LLC | Dan Anshus

Features

Garage1
BasementY
Story(s)1
Units25
ZoningBusiness/Commercial
Acreage0.29

Interior

CoolingWall Unit(s)
HeatingBaseboard, Boiler
AppliancesDryer, Microwave, Refrigerator, Washer

Exterior

RoofAge 8 Years or Less

Parking

Parking FeaturesDetached Garage, Gravel, Parking Lot, Paved Lot, Unassigned, Open

Utilities

UtilitiesElectric Common, Heating Common, Hot Water Common

Taxes

Property5588

Area Information

StateMN
CountyTraverse
CityWheaton
Zip Code56296
Community NameO Einer Oscarsons Add 02
School District803
High SchoolWheaton Area Schools
Listing VS Median (in O Einer Oscarsons Add 02)
Price:
$325,000
low | high
Med:
$0
On site:
57
low | high
Med:
Sourced by Back At You

Market Activity 56296

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 Listings courtesy of Northstar MLS as distributed by MLS GRID. 

Based on information submitted to the MLS GRID as of August 23, 2026 at 1:28:47 PM PDT All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.

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Learn More About This Property

StateMN
CountyTraverse
CityWheaton
Zip Code56296
Community NameO Einer Oscarsons Add 02
School District803
High SchoolWheaton Area Schools
Listing VS Median (in O Einer Oscarsons Add 02)
Price:
$325,000
low | high
Med:
$0
On site:
57
low | high
Med:
Sourced by Back At You
Nearby Listings (Within 1/4 mile)
Price: $243K - $406K
sqft: 0 - 0
Nearby Listings Property ImageNearby Listings Details
TBD 4th Street N Property Photo 1
$125,000
Tbd 4th Street N
Wheaton, MN 56296
Listing Updated: August 10, 2026 at 9:43:43 AM PDT