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33618916
33618904

2 Locations

EV
VT 082.0134402, ME BA929707
The B&B Team
Listed by The B&B Team
$1,150,000
4 days on market
Updated 4 days ago

The Rochester Inn & Cole House Cottage

Details
APN 59282902100
Property Type Hospitality
Sub Type Hotel
Keys 7
NOI $32,835
Tenancy Vacant
Year Built 1848
Year Renovated 2025
Stories 3
Acreage 0.240
Zoning Commercial
Parking Spaces 10 spaces
Investment Type Owner/User

Historic Inn & Restored Cottage | 7 Keys | Kohler Gateway | Flexible Ownership

Marketing description

Investment Overview

The Rochester Inn & Cole House presents a rare opportunity to acquire a destination Wisconsin bed and breakfast for sale combining a historic luxury Inn and adjacent fully restored cottage in the heart of downtown Sheboygan Falls, Wisconsin.

The offering includes the historic Rochester Inn, originally constructed in 1848, together with the adjacent Cole House, a meticulously renovated four-bedroom historic residence added to operations in late 2025. Together, the properties provide ten guest accommodations operating within a flexible boutique hospitality model allowing either onsite or offsite ownership. Currently operated under a commercial hotel license, the property supports multiple operational strategies including traditional owner-occupied Innkeeping, professionally managed lodging operations, or hybrid short-term rental use.

Location & Demand Drivers – Sheboygan Falls & Kohler, Wisconsin

Located within the Cole Historic District of Sheboygan Falls—an accredited Main Street community—the Inn benefits from walkable access to restaurants, boutiques, and local amenities while capturing visitation generated by nearby resort and recreation destinations.

The property sits just one mile from the Village of Kohler, one of the Midwest’s premier resort communities developed by industrialist Walter J. Kohler and influenced by renowned landscape architect Frederick Law Olmsted. Kohler serves as the region’s primary tourism engine, anchored by luxury hospitality, wellness tourism, and internationally recognized golf destinations including Whistling Straits, host of the 2021 Ryder Cup.

Regional demand drivers include:

  • The Bull at Pinehurst Farms Golf Course – Wisconsin’s only Jack Nicklaus Signature course

  • Whistling Straits Golf Course

  • Elkhart Lake recreation destination

  • Kohler-Andrae State Park along Lake Michigan

  • Lake Michigan beaches and shoreline amenities are accessible within fifteen minutes, supporting strong seasonal leisure visitation complemented by golf, wellness, and event travel throughout the year.

Asset Description

The Rochester Inn offers five luxury suites and one classic guest room, including four expansive two-story suites featuring first-floor sitting areas, wet bars, whirlpool tubs, and premium in-room amenities consistent with upscale boutique lodging standards. Common guest areas include a breakfast and sitting room adjacent to the commercial kitchen, while an exterior courtyard provides seasonal dining and social space. Six dedicated parking spaces transfer with the property.

The adjacent Cole House, originally constructed in 1842 and extensively restored, expands operational flexibility with:

  • Full residential kitchen

  • Multiple dining and living areas

  • Custom gas fireplace and exposed historic beams

  • Four bedrooms and two full bathrooms

  • Powder room, game room, kitchenette, and sauna

The cottage may operate as luxury guest accommodations, private owner’s residence, or extended-stay rental offering.

Operating Model & Licensing Advantage

The Rochester Inn operates under both a commercial hotel license and medium-complexity restaurant license, allowing owners to reside offsite while serving meals to guests—an uncommon operational flexibility within small independent Inns.

Ownership options include:

  • Traditional owner-occupied Bed & Breakfast model

  • Offsite ownership with professional management

  • Owner residence within the Garden Suite or Cole House

The property is additionally Travel Green Certified by Travel Wisconsin, reflecting sustainable operating practices aligned with evolving traveler preferences.

Market Positioning & Regional Accessibility

The Rochester Inn occupies a differentiated position within eastern Wisconsin’s boutique lodging landscape, serving visitors drawn to Kohler’s internationally recognized resort amenities, championship golf, wellness tourism, and Lake Michigan recreation. Unlike larger branded hotels in nearby Sheboygan, the property appeals to experience-oriented travelers seeking personalized accommodations within a walkable historic downtown environment. The combination of luxury suites, village-center location, and standalone cottage accommodations provides operational flexibility rarely found among comparable Midwestern Inn offerings.

The property benefits from strong regional drive-to accessibility, located approximately one hour from Milwaukee and Green Bay, two hours from Madison, and 2.5 hours from Chicago. Proximity to these major Midwestern population centers supports consistent weekend, event, and leisure visitation, reinforcing the Inn’s position within a stable and accessible destination market.

Investment highlights

  • Circa 1848 boutique style B&B with 6 Spacious Guest Suites and Recently Renovated 4 Bedroom, 2 Bath Cottage
  • Located just one mile from Kohler, five miles from Sheboygan, two miles from Kohler, and fifteen miles from Elkhart Lake
  • Located within the Cole Historic District of Sheboygan Falls, an active "Main Street" community
  • Home to Wisconsin's only Jack Nicklaus Signature golf course: The Bull at Pinehurst Farms
  • Total of 0.24 acres on three parcels
  • Turnkey offering

Listing Contacts

EV
VT 082.0134402, ME BA929707
The B&B Team
Listed by The B&B Team

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$32,835.00
$2,736.25/mo

Valuation Metrics

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2.86%
Cap Rate
2.86%
ROI

Map

Zoning

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C-2 CommercialGeneral CommercialCommercial District
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Last updated Jan 22, 2026 For deeper zoning details, reports are available at Zoneomics

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