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Active NEW!
$449,000
/mo Edit
Commercial:  2 Stories
Built 1853
0.109 acres
MLS# 7056657
My rating:
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    Property 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.

    Listing

    Contingency: None
    City: Alma
    County: Buffalo
    State: WI
    Property Style: 2 Stories
    Zip Code: 54610
    Subdivision Name: Alma

    Exterior

    Stories: Two
    Garage Spaces: 0
    Foundation Size: 3,990 ft2
    Handicap Accessible: Fully Wheelchair
    Heating System: Forced Air
    Parking Features: On-Street Parking Only

    Lot & Land

    Acres: 0.109
    Geolocation: 44.323761, -91.916467
    Inclusions: Building, Fixture/Equipment
    Lot Dimensions: 50 x 95
    Zoning: Business/Commercial

    Schools

    School District: W84
    District Phone: 6086854416

    Financial & Taxes

    Tax Year: 2025
    Annual Taxes: $4,861
    Lender-owned: No
    Assessment Pending: No
    Taxes w/ Assessments: $4,861

    Units

    Total Units: 8

    Miscellaneous

    Current Use:
    • Food Service
    • Hotel/Motel
    • Restaurant
    Fuel System: Propane
    Sewer System: City Sewer/Connected
    Available Utilities:
    • Electric Separate
    • 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.
    Connect with Eric today to get started with your home purchase!

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    Listing provided by RMLS, courtesy of Re/Max Results.
    Disclaimer: The information contained in this listing has not been verified by TheMLSonline.com and should be verified by the buyer.