$585,000

425 Prospect, Peterson, MN 55962

Save Contact [displaysharethis title="425 Prospect, Peterson, MN, 55962" description="For city buyers seeking a quiet setting and an engaging second career, The Wen Inn offers a rare balance of lifestyle and opportunity. This well-preserved Victorian inn delivers the charm of a historic property with the peace of mind of major infrastructure updates already completed. A carriage house built in the late 1990s adds valuable utility, including garage, whirlpool suites and storage—features rarely found with older properties. Located in the Driftless Area near Winona and Lanesboro, the Inn provides a peaceful, relaxing environment < two hours from the Twin Cities.The business is straightforward to manage, with consistent seasonal demand driven by bike trail traffic, scenic getaways, wedding parties, and group stays. Summers are active, while winters offer a slower pace and flexibility for retreats, getaways, longer-term guests, or simply locking up and head south. Seller flexible on timing, available to train new owners on innkeeping systems to ensure a smooth transition." url="https://www.edinarealty.com/homes-for-sale/425-prospect-peterson-mn-55962-7011415" media="https://www.edinarealty.com/listing-images/listing/RMLS/425-Prospect-Peterson-MN-55962-7011415-image1.jpg"]

$585,000

(65,000) 03/22/2026

425 Prospect Peterson, MN 55962

For Sale MLS# 7011415

Other

[displaysharethis title="425 Prospect, Peterson, MN, 55962" description="For city buyers seeking a quiet setting and an engaging second career, The Wen Inn offers a rare balance of lifestyle and opportunity. This well-preserved Victorian inn delivers the charm of a historic property with the peace of mind of major infrastructure updates already completed. A carriage house built in the late 1990s adds valuable utility, including garage, whirlpool suites and storage—features rarely found with older properties. Located in the Driftless Area near Winona and Lanesboro, the Inn provides a peaceful, relaxing environment < two hours from the Twin Cities.The business is straightforward to manage, with consistent seasonal demand driven by bike trail traffic, scenic getaways, wedding parties, and group stays. Summers are active, while winters offer a slower pace and flexibility for retreats, getaways, longer-term guests, or simply locking up and head south. Seller flexible on timing, available to train new owners on innkeeping systems to ensure a smooth transition." url="https://www.edinarealty.com/homes-for-sale/425-prospect-peterson-mn-55962-7011415" media="https://www.edinarealty.com/listing-images/listing/RMLS/425-Prospect-Peterson-MN-55962-7011415-image1.jpg"]

Comments

Notifications

To receive email notifications, you need to update your profile with your email address.
Data current as of 30/04/2026 17:21:11

Details for 425 Prospect

MLS# 7011415

Description for 425 Prospect, Peterson, MN, 55962


For city buyers seeking a quiet setting and an engaging second career, The Wen Inn offers a rare balance of lifestyle and opportunity. This well-preserved Victorian inn delivers the charm of a historic property with the peace of mind of major infrastructure updates already completed. A carriage house built in the late 1990s adds valuable utility, including garage, whirlpool suites and storage—features rarely found with older properties. Located in the Driftless Area near Winona and Lanesboro, the Inn provides a peaceful, relaxing environment < two hours from the Twin Cities.The business is straightforward to manage, with consistent seasonal demand driven by bike trail traffic, scenic getaways, wedding parties, and group stays. Summers are active, while winters offer a slower pace and flexibility for retreats, getaways, longer-term guests, or simply locking up and head south. Seller flexible on timing, available to train new owners on innkeeping systems to ensure a smooth transition.

Listing Information


Property Type: Commercial

Status: Active

Bedrooms: 12

Bathrooms: 11

Lot Size: 0.11 Acres

Square Feet: 5,710 sq ft

Year Built: 1904

Foundation: 1,663 sq ft

Garage: Yes

Stories: Three Or More

Subdivision: Peterson Original

Number Of Units Total: 10

Current Use: Hotel/Motel

County: Fillmore

Days On Market: 91

Construction Status: Previously Owned

School Information


District: 239 - Rushford-Peterson

Interior Features


Appliances: Range, Refrigerator, Washer, Water Softener - Owned, Microwave, Dishwasher, Dryer, Exhaust Fan/Hood, Freezer, Stainless Steel Appliances, Energy Star Appliances, Electric Water Heater, Gas Water Heater

Flooring: Carpet,Tile,Wood

Basement: Partial Finished, Drain Tiled, Full, Finished (Livable), Storage Space

Doors/Windows: Double Pane Windows, Window Treatments, Skylight(s), ENERGY STAR Qualified Windows, Plantation Shutters

Accessibility: Roll Under Accessibility, Partially Wheelchair, Wheelchair Ramp

Utilities


Water: City Water/Connected

Sewer: City Sewer/Connected

Other Utilities: Electric Separate,Heating Common,Heating Separate

Cooling: Wall, Central

Heating: Forced Air, Natural Gas, Electric, Baseboard, Zoned, Radiant

Exterior / Lot Features


Garage Spaces: 3

Open Parking: 6

Parking Description: Guest Parking, Electric Vehicle Charging Station, Storage, Driveway - Gravel, Electric, Garage Door Opener, Heated Garage, Insulated Garage, No Int Access to Dwelling, Garage Dimensions - 20 x 33, Garage Door Height - 7, Garage Door Width - 16, Garage Sq Ft - 660.0

Exterior: Wood

Roof: Age 8 Years or Less, Asphalt Shingles, Rubber, Pitched

Lot Dimensions: 100 x 78

Zoning: Business/Commercial,Other,Residential-Multi-Family,Residential-Single Family

Fencing: Partial, Other

Additional Exterior/Lot Features: Land Inclusions - Building,Business,Business Assets,Fixture/Equipment,Inventory, Road Frontage - City

Waterfront Details


DNR Lake ID: 999999999

Community Features


Community Features: Other, Sun Room

Driving Directions


Hwy 25 south from I-90 becomes Church street, turn right on Prospect, 2nd bldg on right

Financial Considerations


Tax/Property ID: tbd

Tax Amount: 2864

Tax Year: 2025

HomeStead Description: Homesteaded

Property price
$
Down payment
$
%
Select Interest Rate
%
Loan term
Property taxes
$
/yr
HOA dues
$
/mo
Homeowners insurance
$
/yr
$0/yr
Show advanced features

Interest rate and annual percentage rate (APR) are based on current market conditions, are for informational purposes only, are subject to change without notice and may be subject to pricing add-ons related to property type, loan amount, loan-to-value, credit score and other variables. Estimated closing costs used in the APR calculation are assumed to be paid by the borrower at closing. If the closing costs are financed, the loan, APR and payment amounts will be higher. If the down payment is less than 20%, mortgage insurance may be required and could increase the monthly payment and APR. Contact us for details. Additional loan programs may be available. Accuracy is not guaranteed, and all products may not be available in all borrower's geographical areas and are based on their individual situation. This is not a credit decision or a commitment to lend.

Sales History

Date Price
Currently not available.

Tax Summary

Tax Year Estimated Market Value Total Tax
Currently not available.

Data powered by ATTOM Data Solutions. Copyright© 2026. Information deemed reliable but not guaranteed.

Schools nearby 425 Prospect

Schools in attendance boundaries Grades Distance Rating
Loading...


Schools nearby Grades Distance Rating
Loading...

Data powered by ATTOM Data Solutions. Copyright© 2026. Information deemed reliable but not guaranteed.

The schools shown represent both the assigned schools and schools by distance based on local school and district attendance boundaries. Attendance boundaries change based on various factors and proximity does not guarantee enrollment eligibility. Please consult your real estate agent and/or the school district to confirm the schools this property is zoned to attend. Information is deemed reliable but not guaranteed.

SchoolDigger ® Rating

The SchoolDigger rating system is a 1-5 scale with 5 as the highest rating. SchoolDigger ranks schools based on test scores supplied by each state's Department of Education. They calculate an average standard score by normalizing and averaging each school's test scores across all tests and grades.

Coming soon properties will soon be on the market, but are not yet available for showings.

Loading...