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For Sale:  Peterson MLS# 7011415

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Active NEW!
$685,000
/mo Edit
Commercial:  Other
12 br • 11 ba • Built 1904
0.114 acres
MLS# 7011415
763-576-8286
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    Property Description

    For Twin Cities buyers seeking a quieter setting and a possible second career, The Wen Inn offers a practical balance of lifestyle and income. This well-preserved Victorian inn provides the character of an old, established property with the benefit of major infrastructure updates already completed. A carriage house built in the late 1990s adds modern utility, whirlpool suites, and storage—features rarely found with historic properties. Located in the Driftless Area near Winona and Lanesboro, the Inn offers a peaceful, relaxing environment less than two hours from the Twin Cities. This business is straightforward to manage, with consistent seasonal demand driven by bike trail traffic, scenic getaways, wedding parties and group stays. Summers are active and revenue-producing, while winters offer a slower pace and flexibility for retreats, girls’ getaways, or locking up and heading south for part of the season. The seller will train buyer on all Inn systems to ensure a smooth transition.

    Listing

    Listing Status: Active
    Contingency: None
    List Price: $685,000
    Property Type: Commercial
    City: Peterson
    Garage Spaces: 3
    County: Fillmore
    Year Built: 1904
    State: MN
    Property Style: Other
    Zip Code: 55962
    Subdivision Name: Peterson Original

    Interior

    Bedrooms: 12
    Bathrooms: 11
    Ceiling Height: 8-10
    Flooring: Carpet, Tile, Wood
    Refrigerators: Three
    Appliances Included:
    • Dishwasher
    • Dryer
    • ENERGY STAR Qualified Appliances
    • Electric Water Heater
    • Exhaust Fan
    • Freezer
    • Gas Water Heater
    • Microwave
    • Range
    • Refrigerator
    • Stainless Steel Appliances
    • Washer
    • Water Softener Owned
    Basement Details:
    • Drain Tiled
    • Finished
    • Full
    • Partially Finished
    • Storage Space

    Exterior

    Stories: Three Or More
    Garage Spaces: 3
    Garage Dimensions: 20 x 33
    Garage Size: 660 ft2
    Garage Door Height: 7
    Garage Door Width: 16
    Air Conditioning: Central Air, Wall Unit(s)
    Foundation Size: 1,663 ft2
    Foundation Dimensions: 30 x 55
    Fencing: Other, Partial
    Handicap Accessible: Partially Wheelchair, Wheelchair Ramp(s), Roll Under Accessibility
    Road Responsibility: Public Maintained Road
    Heating System:
    • Baseboard
    • Forced Air
    • Radiant
    • Zoned
    Parking Features:
    • Electric
    • Electric Vehicle Charging Station(s)
    • Garage Door Opener
    • Gravel
    • Guest Parking
    • Heated Garage
    • Insulated Garage
    • No Int Access to Dwelling
    • Storage
    Road Frontage: City Street
    Exterior Material:
    • Concrete
    • Frame
    • Stone
    Roof Details:
    • Age 8 Years or Less
    • Asphalt
    • Pitched
    • Rubber

    Rooms

    Shared Rooms:
    • Other
    • Sun Room

    Lot & Land

    Acres: 0.114
    Geolocation: 43.785294, -91.834225
    Inclusions: Building, Business Assets, Business, Fixture/Equipment, Inventory
    Lot Dimensions: 100 x 78
    Zoning:
    • Business/Commercial
    • Other
    • Residential-Multi-Family
    • Residential-Single Family

    Schools

    School District: 1133
    District Phone: 5078647785

    Expenses

    Annual Electric Expense: $2,760
    Annual Fuel Expense: $1,800
    Annual Insurance Expense: $2,100
    Annual Trash Expense: $240
    Annual Water/Sewer Expense: $2,124

    Financial & Taxes

    Tax Year: 2025
    Annual Taxes: $2,864
    Lender-owned: No
    Assessment Pending: No
    Taxes w/ Assessments: $2,864

    Units

    Total Units: 10

    Miscellaneous

    Current Use: Hotel/Motel
    Fuel System:
    • Electric
    • Natural Gas
    Owner Occupied: Yes
    Sewer System: City Sewer/Connected
    Available Utilities:
    • Electric Separate
    • Heating Common
    • Heating Separate
    Water System: City Water/Connected

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    Payment:  /mo

    Local Home Mortgage Professionals

    Eric Bloomstrand
    Branch Sales Manager
    Fairway Home Mortgage    NMLS#274211
    612-961-2600
    Eric Bloomstrand is a Branch Sales Manager at Fairway Home Mortgage with 30+ years of experience in the mortgage banking services industry. Eric has extensive skills in construction loans, FHA financing, VA loans, USDA, and first-time buyer down payment assistance programs. He is a well-qualified finance professional with a Bachelor of Science focused in Finance and Marketing from Minnesota State University, Mankato. Helping individuals acquire their dream home is his passion.
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    Listing provided by RMLS, courtesy of National Realty Guild.
    Disclaimer: The information contained in this listing has not been verified by TheMLSonline.com and should be verified by the buyer.