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Investment Highlights

  • One of Wisconsin’s oldest continuously operating restaurants
  • Full-service restaurant and bar with established regional reputation and strong tourism traffic
  • Refinished floors completed in April 2026
  • Turnkey restaurant, bar, and hotel opportunity
  • Fully remodeled commercial kitchen with equipment replaced within the past four years
  • Updated electrical panel (2022)

Executive Summary

Turnkey opportunity to acquire a historic hospitality property in the heart of Alma, WI. Sale includes real estate, restaurant/bar operations, hotel accommodations, commercial kitchen equipment, and business assets. Features eight guest rooms, full-service restaurant and bar, outdoor patio, breakfast area, game room, exterior cooler, and additional storage. Strong regional reputation, loyal customer base, and additional catering income potential.

Property Facts

Price $610,869 CAD
Price Per Room $76,359 CAD
Sale Type Investment
Property Type Hospitality
Property Subtype Hotel
Building Class B
Lot Size 0.11 AC
Building Size 7,480 SF
No. Rooms 8
No. Stories 3
Year Built/Renovated 1853/2016

Amenities

  • Restaurant
  • High Speed Internet Access
  • Patio
  • On-Site Bar
  • Public Access Wifi

Room Mix Information

Description No. Rooms Daily Rate SF
Guest Room 8 $157.82 CAD -
Somewhat walkable
20/100
Exceptionally drivable
100/100
Not bikeable
10/100

Property Taxes

Property Taxes

Parcel Number
201-00208-0000
Land Assessment
$27,890 CAD
Improvements Assessment
$421,214 CAD
Total Assessment
$449,104 CAD
  • Listing ID: 40335036

  • Date on Market: 2026-04-29

  • Last Updated:

  • Address: 201 N Main St, Alma, WI 54610

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