Moondance Inn
Red Wing, MN
Offered for sale at $783,900
Historic 1874 Moondance Inn | Turnkey Bed & Breakfast & Event Destination
Own one of Minnesota's most distinctive historic inns. The iconic Moondance Inn is a fully furnished, turnkey bed and breakfast offering approximately 7,603 finished square feet, 6 guest rooms, 10 bathrooms, event and gathering spaces, a carriage house, and an established hospitality operation in the heart of Red Wing's thriving tourism market.
Located in the historic Mississippi River town of Red Wing, the property benefits from year-round tourism driven by Barn Bluff hiking, the Mississippi River Valley, downtown shops and dining, the Sheldon Theatre, and regional festivals and events. The property presents a rare opportunity for boutique hospitality, retreats, weddings, group gatherings, owner-operated innkeeping, or an extraordinary private residence.
Built in 1874 using rare Barn Bluff limestone quarried locally in Red Wing, the home features impressive 18-inch stone walls and is believed to be the only private residence constructed with this distinctive limestone. Originally built for the town doctor and later owned by a prominent lumber baron, the property showcases rich black walnut woodwork, original Tiffany light fixtures, a dramatic curved staircase, and a rare gold-etched ceiling believed to be one of the only examples of its kind in Minnesota.
Each guest suite offers its own unique character and private jetted tub, creating a memorable experience for visitors. The grand salon serves as the heart of the inn, featuring a wood-burning fireplace and flexible gathering space ideal for music, conversation, retreats, and special events. The property has hosted acoustic performances, wedding rehearsals, card gatherings, and other group events.
The walk-up attic provides an impressive open-concept gathering space with exposed stone walls, dual angled brick chimneys, warm pine finishes, a gas fireplace, and a half bath. The finished lower level includes a comfortable lounge area and additional bathroom facilities to support guests and events.
Outdoor spaces include a covered front porch, private patio, healing garden, and a charming carriage house above the two-car garage. The carriage house includes a full bathroom and studio-style living space ideal for owner occupancy, guest overflow, or creative workspace and is not included in the finished square footage.
Major updates include two newer boilers, four water heaters replaced within the past four years, a water softener system, and recently painted exterior trim and windows.
A rare opportunity to own a landmark property, established hospitality business, and piece of Red Wing history.
Financial Details- Offered for sale at $783,900
- Occupancy Rate: 38%
- Average Daily Rate: 148
- Annual revenue is $122,814
- Terms: Fully furnished turnkey inn. Revenue increased 27% from 2024 to 2025. Includes established hospitality business, furnishings, fixtures, event spaces, and carriage house.
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