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32046000
32046020

201 Main Street, Alma, WI 54610 For Sale

BB
WI 113152 - 94, MN 40940073
$449,000
88 days on market
Updated 88 days ago

201 Main Street

Details
Property Type Retail, Mixed Use (+1)
Sub Type Restaurant, Bar (+1)
Square Footage 7,480
Year Built 1853
Buildings 1
Acreage 0.100
Zoning Business/Commercial
Ground Lease No

One of Wisconsin’s most historic and beloved hospitality destinations

Marketing description

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.

Investment highlights

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.

Listing Contacts

BB
WI 113152 - 94, MN 40940073

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Additional Information

Name
Beth Biever
License
113152 - 94
Brokerage
Gwaltney Group REMAX Results
Title
Broker of Record
Brokerage Address
257 Main St W, Wabasha, MN 55981
Name
Beth Biever
License
113152 - 94
Brokerage
Gwaltney Group REMAX Results
Brokerage Phone
5074602108
Title
Sales Associate
Brokerage Address
257 Main Street West
*All information is deemed reliable but not guaranteed. Buyer to verify all information.
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