Historic Inn located on the famous Old Mission Peninsula Bed and Breakfast, Restaurant, Venue
$4,260,000
18599 Mission Rd, Traverse City, MI 49686, Traverse City, MI 49696
10 acres
Lot Area
Details:
Highlights:
- Hospitality asset with versatile zoning for diverse investment opportunities.
- Efficiently configured accommodations and refined lobby create a welcoming atmosphere.
- Flexible common areas cater to dining, social activation, and event hosting.
- Infrastructure supports current staffing and service demands for seamless operations.
- Landscaped grounds enhance curb appeal and arrival experience for guests.
- Strong structural base ready for targeted capital upgrades and expansion.
- Fully entitled for hospitality use with stable permits in place.
- Strategically positioned to capture Traverse City's leisure demand and visitor traffic.
- Versatile spaces support wellness, meetings, and F&B expansions for added revenue streams.
Description:
Presenting an iconic and historic national treasure located at 18599 Mission Rd in Traverse City, MI. This rare gem, with its versatile zoning and unique blend of commercial, residential, and agricultural potential, offers an unparalleled opportunity. Positioned across from the bay, this property is an ideal location for a wedding venue, retreat, or high-end restaurant. The refined lobby, flexible common areas, and landscaped grounds create a captivating ambiance, making it a perfect fit for luxury events and fine dining experiences. With its rich heritage and potential for expansion, this property is a rare find, ready to be transformed into an extraordinary and sought-after destination.
Located in the heart of Northern Michigan, the area surrounding the property embodies the essence of natural beauty and endless adventure. Traverse City, known for its stunning cherry orchards, vineyards, and the annual National Cherry Festival, offers a vibrant mix of local culture and outdoor recreation. Just a short drive away, visitors can explore the Sleeping Bear Dunes National Lakeshore, named the "Most Beautiful Place in America" by Good Morning America. Additionally, the area boasts diverse dining options, bustling downtown shops, and access to the scenic Grand Traverse Bay. This prime location presents an exceptional opportunity for Hospitality/Full Service investors seeking to capitalize on the region's allure.
Documents:
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Location
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