425 Prospect, Peterson, MN
$585,000 - No Name Lake
12
Beds
11
Baths
5,880
Square feet
0.11
Acres
About 425 Prospect
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.
Features of 425 Prospect
| MLS® # | 7011415 |
|---|---|
| Price | $585,000 |
| Bedrooms | 12 |
| Bathrooms | 11.00 |
| Square Footage | 5,880 |
| Acres | 0.11 |
| Year Built | 1904 |
| Type | Commercial |
| Status | Active |
| Contingency Type | None |
| Lake Name | No Name Lake |
Community Information
| Address | 425 Prospect |
|---|---|
| Subdivision | Peterson Original |
| City | Peterson |
| County | Fillmore |
| State | MN |
| Zip Code | 55962 |
Amenities
| Utilities | Electric Separate, Heating Common, Heating Separate |
|---|---|
| Parking | Gravel, Electric, Electric Vehicle Charging Station(s), Garage Door Opener, Guest Parking, Heated Garage, Insulated Garage, No Int Access to Dwelling, Storage |
| # of Garages | 3 |
| Is Waterfront | No |
| Has Pool | No |
Interior
| Appliances | Dishwasher, Dryer, Electric Water Heater, ENERGY STAR Qualified Appliances, Exhaust Fan, Freezer, Gas Water Heater, Microwave, Range, Refrigerator, Stainless Steel Appliances, Washer, Water Softener Owned |
|---|---|
| Heating | Baseboard, Forced Air, Radiant, Zoned |
| Cooling | Central Air, Wall Unit(s) |
| Fireplace | No |
| Has Basement | Yes |
| Basement | Drain Tiled, Finished, Full, Partially Finished, Storage Space |
Exterior
| Roof | Age 8 Years or Less, Asphalt, Pitched, Rubber |
|---|---|
| Construction | Concrete, Frame, Stone |
School Information
| District | Rushford-Peterson |
|---|
Additional Information
| Zoning | Business/Commercial,Residential-Multi-Family,Other,Residential-Single Family |
|---|---|
| Foreclosure | No |
| Short Sale | No |
| Taxes | $2,864 |
| Tax Year | 2025 |
| Office | National Realty Guild |
Listing Details
| Office | National Realty Guild |
|---|