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Wabasha, MN 55981

New Listing

$675,000

Property Type: Commercial Square Footage: 15,385 Lot Size (sq. ft.): 18,295 Status: Active

Current Price: $675,000 List Date: 6/19/2026 Last Modified: 6/19/2026

Overview

Description

Rare opportunity to own a beautiful piece of history in the heart of Wabasha with stunning views of the Mississippi River! The Anderson House Hotel, listed on the National Register of Historic Places, has been welcoming guests to its 22 rooms since 1856. The current owners have recently revitalized the family restaurant, which seats over 100 and includes a spacious outdoor patio. The hotel lobby features a game room and a newly added wine tasting bar, creating a unique hospitality experience that blends dining and lodging in a historic setting. Tucked beneath the hotel, The Lost Dutchman is a cozy speakeasy-style bar with rich character and moody charm that seats 25. It’s a hidden gem that adds a distinctive layer to the guest experience. An additional bonus is the carriage house located behind the hotel, ideal for use as guest accommodations, staff housing, or a potential Airbnb. The sale includes the real estate, all furnishings and equipment, as well as the hotel, restaurant, and ... (Read more)

Listing Details MLS# 7096320

General Property Information

Lot Measurement: Acres
Multiple PIDs?: No
Other Parking Spaces: 3
Owner Occupied: No
Road Btwn WF & Home?: Yes
Waterfront YN: No
Year Built: 1856
Yearly/Seasonal: Yearly
Zoning: Business/Commercial
Foundation Size: 4768
Lake/Waterfront Name: Mississippi River
For Sale or Lease: For Sale
Acres: 0.42
Lot Dimensions: 142x130
Assessment Pending: No
Garage Stalls: 0

Property Features

Accessible: Hallways 42"+; Wheelchair Ramp Air Conditioning: Central Air; Window Unit(s) Amenities Shared: Patio; Sauna Amenities Unit: Ceiling Fan(s); City View; Hardwood Floors; Indoor Sprinklers; Patio; Porch; Sauna Appliances: Dishwasher; Double Oven; Range; Refrigerator; Washer Basement: Crawl Space CMU Style: Business Opportunity; Mixed Use; Retail/Shopping Center Commercial Kitchen Appliances: Cookware/Utensils; Dishwasher; Freezer; Fryer; Grill; Ice Machine; Other; Oven; Prep Station; Refrigerator; Shelving and Racks Construction Materials: Brick; Other; Stone; Timber/Post & Beam Construction Status: Previously Owned Current Use: Business Service; Commercial; Food Service; Hotel/Motel; Restaurant; Retail; Tavern/Lounge Exterior: Brick/Stone; Wood Flooring: Carpet; Wood Foundation: Stone Fuel: Natural Gas Heating: Boiler Lot Description: Corner Lot On Site Utilities: Electric Common; Heating Common; Hot Water Common Owner Pays: All Utilities Parking Characteristics: Uncovered/Open Pool Description: None Rental License Type: Airbnb; Other Road Frontage: City Street Roof: Flat; Rubber; Other Sewer: City Sewer/Connected Shared Rooms: Amusement/Party Room; Community Room; Media Room; Other Stories: Three Or More Topography: Level Wall Description: Drywall; Finished; Plaster; Unfinished Water: City Water/Connected Window Features: Bay Window(s); Blinds; Drapes

Contract Information

Contingency: None
ListPrice: 675000
Owner is an Agent?: No
Auction?: No

Location Tax and Other Information

Postal City: Wabasha
County: Wabasha
State: MN
Zip Code: 55981

Assessments

Tax With Assessments: 11854
Assessment Balance: 0
Assessment Installment: 0

Building Information

Building Finished SqFt: 14304
Building SqFt: 15385
Ceiling Height: Varied Heights

More Information

Lease Details

Land Leased: Not Applicable

Miscellaneous Information

Homestead: No

Ownership

Fractional Ownership: No

Sale Options

Sale Includes: Building, Other

Unit 1

No. of 1 Bedroom Units: 22

Unit Details

Total Units: 2

Office/Member Info

Association: SEMR

Location, Tax and Other Information

Legal Description: sect-29 twp-111 range-010 Wabasha lot-005 block 013
Listing City: Wabasha
Map Page: 999
Municipality: Wabasha
School District: Wabasha-Kellogg
School District Phone: 651-565-3559
DNR Lake Classification: Not Applicable
Property ID Number: 270026703
Tax Year: 2025
Tax Amount: 11854
In Foreclosure?: No
Potential Short Sale?: No
Lender Owned?: No

Directions & Remarks

Public Remarks: Rare opportunity to own a beautiful piece of history in the heart of Wabasha with stunning views of the Mississippi River! The Anderson House Hotel, listed on the National Register of Historic Places, has been welcoming guests to its 22 rooms since 1856. The current owners have recently revitalized the family restaurant, which seats over 100 and includes a spacious outdoor patio. The hotel lobby features a game room and a newly added wine tasting bar, creating a unique hospitality experience that blends dining and lodging in a historic setting. Tucked beneath the hotel, The Lost Dutchman is a cozy speakeasy-style bar with rich character and moody charm that seats 25. It’s a hidden gem that adds a distinctive layer to the guest experience. An additional bonus is the carriage house located behind the hotel, ideal for use as guest accommodations, staff housing, or a potential Airbnb. The sale includes the real estate, all furnishings and equipment, as well as the hotel, restaurant, and bar, offering a turnkey opportunity with everything in place to continue operations immediately. For serious inquiries, a Non-Disclosure Agreement (NDA), detailed property summary, and architectural renderings are available upon request.
Directions: E on Pembroke, L on Main St

Accessible

Hallways 42"+: Yes
Wheelchair Ramp: Yes

Air Conditioning

Central Air: Yes
Window Unit(s): Yes

Amenities Shared

Patio: Yes
Sauna: Yes

Amenities Unit

Ceiling Fan(s): Yes
City View: Yes
Hardwood Floors: Yes
Indoor Sprinklers: Yes
Patio: Yes
Porch: Yes
Sauna: Yes

Appliances

Dishwasher: Yes
Double Oven: Yes
Range: Yes
Refrigerator: Yes
Washer: Yes

Basement

Crawl Space: Yes

Construction Materials

Brick: Yes
Other: Yes
Stone: Yes
Timber/Post & Beam: Yes

Construction Status

Previously Owned: Yes

Exterior

Brick/Stone: Yes
Wood: Yes

Flooring

Carpet: Yes
Wood: Yes

Foundation

Stone: Yes

Fuel

Natural Gas: Yes

Heating

Boiler: Yes

Lake Details

Lake Depth: No

Lot Description

Corner Lot: Yes

Owner Pays

All Utilities: Yes

Parking Characteristics

Uncovered/Open: Yes

Patio, Porch and Deck Features

Patio: Yes

Pool Description

None: Yes

Rental License Type

Airbnb: Yes
Other: Yes

Road Frontage

City Street: Yes

Roof

Flat: Yes
Rubber: Yes
Other: Yes

Sewer

City Sewer/Connected: Yes

Shared Rooms

Amusement/Party Room: Yes
Community Room: Yes
Media Room: Yes
Other: Yes

Stories

Three Or More: Yes

Topography

Level: Yes

Wall Description

Drywall: Yes
Finished: Yes
Plaster: Yes
Unfinished: Yes

Water

City Water/Connected: Yes

Window Features

Bay Window(s): Yes
Blinds: Yes
Drapes: Yes

No. of Ranges

Two: Yes

No. of Refrigerators

Two: Yes

On Site Utilities

Electric Common: Yes
Heating Common: Yes
Hot Water Common: Yes

CMU Style

Business Opportunity: Yes
Mixed Use: Yes
Retail/Shopping Center: Yes

Commercial Kitchen Appliances

Cookware/Utensils: Yes
Dishwasher: Yes
Freezer: Yes
Fryer: Yes
Grill: Yes
Ice Machine: Yes
Other: Yes
Oven: Yes
Prep Station: Yes
Refrigerator: Yes
Shelving and Racks: Yes

Current Use

Business Service: Yes
Commercial: Yes
Food Service: Yes
Hotel/Motel: Yes
Restaurant: Yes
Retail: Yes
Tavern/Lounge: Yes

Listing Office: Re/Max Results

Last Updated: June - 19 - 2026

The data relating to real estate for sale on this web site comes in part from the Broker Reciprocity SM Program of the Regional Multiple Listing Service of Minnesota, Inc. The information provided is deemed reliable but not guaranteed. Properties subject to prior sale, change or withdrawal. ©2024 Regional Multiple Listing Service of Minnesota, Inc All rights reserved.