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Traverse City, MI Hospitality Properties for Sale

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Four-Season Resort in Traverse City
$3,500,000
10,404 SF

Four-Season Resort in Traverse City

6841 Brown Bridge Rd, Traverse City, MI 49696

40-acre resort with lodging, dining, recreation, and event hosting.

  • 40‑acre four‑season resort with 1,300 feet of private frontage on the Boardman River.
  • Diverse income streams from lodging, a 147‑seat full‑service restaurant with a liquor license, and event hosting.
  • Prime location in Traverse City, nestled in the Boardman Valley, surrounded by Pere Marquette State Forest, 16 miles from downtown.
  • On‑site recreational amenities including an underground heated swimming pool, two stocked trout ponds, and canoe/kayak/inner tube livery.
  • Established venue for weddings, conventions, and other events.
Updated: Dec 23, 2025
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Traverse City Bed & Breakfast
$4,240,000
11,807 SF

Traverse City Bed & Breakfast

230 Wellington St, Traverse City, MI 49686

Legacy property with 9 bedrooms, 15 bathrooms, and carriage house.

  • Turnkey 5‑star bed and breakfast business with a proven track record (Pro‑forma cap rate‑10.5%, ROI- 13.5% & cash‑on‑cash- 13.18%).
  • Historic neo‑classic revival property meticulously restored (1999‑2003) to its original grandeur.
  • Substantial size: 9 bedrooms, 15 bathrooms, and a carriage house with two 2‑bedroom apartments, totaling 15,918 square feet.
  • Includes valuable assets: period antiques, furnishings, website, advertising materials, licenses, and intellectual property.
  • Opportunity for expansion: Unutilized original stables can be converted to event space or additional units.
Updated: Apr 14, 2025
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230 Wellington St
$4,249,500
12,762 SF

230 Wellington St

Hotels • 12,762 SF

230 Wellington St, Traverse City, MI 49686
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Historic Building in Downtown Traverse
$2,950,000
20 SF

Historic Building in Downtown Traverse

Four-story building with redevelopment potential in downtown Traverse City.

123 S Union St, Traverse City, MI 49684
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Based on your search, we've compiled 62 Potential Opportunities for your consideration. Besides 4 Active listings in Traverse City, MI, we suggest exploring several alternatives: 4 properties in Nearby Cities, and similar 52 Off-Market properties to explore as potential leads, plus 2 Land Listings that present a potential for development.

Explore Opportunities in Nearby Cities

Here are 4 Similar properties we found in Nearby Locations for your consideration.

West Bay Shore Village: Prime MI Location
$3,700,000
18,000 SF

West Bay Shore Village: Prime MI Location

Fully leased, mixed-use waterfront property

5046 Bay Shore Dr, Suttons Bay, MI 49682
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Ciccone Vineyard & Winery Estate
$3,990,000
78.37 Acres

Ciccone Vineyard & Winery Estate

Northern Michigan Winery, Residence, & Business

10343 Hilltop Rd, Suttons Bay, MI 49682
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Torch Lake Resort Property
$1,600,000
9,501 SF

Torch Lake Resort Property

Updated 14-unit motel and 3-bed home near Torch Lake.

12800 Cherry Ave, Rapid City, MI 49676
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Torch Lake Resort Property
$1,600,000
9,501 SF

Torch Lake Resort Property

Updated 14-unit motel near Torch Lake's sandbar.

12800 Cherry Ave, Rapid City, MI 49676
View details

Potential Development Sites for Consideration

Can't find the perfect fit? These Land listings present an alternative path: the potential to develop a property for your specific goals.

Important: These AI-suggestions are a starting point, not a guarantee of permitted use. All zoning, permitting, and land use information must be independently verified by you with the appropriate local authorities before making any commitments.

Commercial Parcel with Office Building
$1,198,000
0.63 Acres

Commercial Parcel with Office Building

0.63 acre commercial parcel on US-31 with existing office building.

1040 E Front St, Traverse City, MI 49686
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Land Near Lake Leelanau
$279,900
2.69 Acres

Land Near Lake Leelanau

2.69 acre buildable lot near Lake Leelanau with existing improvements.

6785 Fouch Rd, Traverse City, MI 49684
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Explore Off-Market Properties in Traverse City, MI

Consider similar Off-Market properties in Traverse City, MI. You may contact the owners directly to inquire about their potential intentions to sell. To help you make a strong first impression, we can assist by reaching out to these owners with compelling proposals created using our AI tool.

18599 Mission Rd

18599 Mission Rd

Hotels
Value Estimation by Request
18599 Mission Rd, Traverse City, MI 49686
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1 Northern Michigan

1 Northern Michigan

Hotels
Value Estimation by Request
1 Northern Michigan, Traverse City, MI 49686
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230 Wellington St

230 Wellington St

Hotels • 12,762 SF
Value Estimation by Request
230 Wellington St, Traverse City, MI 49686
View details
1465 Us Hwy 31st N

1465 Us Hwy 31st N

MOTEL • 5,312 SF
Value Estimation by Request
1465 Us Hwy 31st N, Traverse City, MI 49686-3636
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2035 Us Hwy 31st N26-16

2035 Us Hwy 31st N26-16

MOTEL • 1,060 SF
Value Estimation by Request
2035 Us Hwy 31st N26-16, Traverse City, MI 49686-3749
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2035 Us Hwy 31st N5-16

2035 Us Hwy 31st N5-16

MOTEL • 1,464 SF
Value Estimation by Request
2035 Us Hwy 31st N5-16, Traverse City, MI 49686-3749
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2035 Us Hwy 31st N20-45

2035 Us Hwy 31st N20-45

MOTEL • 544 SF
Value Estimation by Request
2035 Us Hwy 31st N20-45, Traverse City, MI 49686-3749
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2035 Us Hwy 31st N28-45

2035 Us Hwy 31st N28-45

MOTEL • 1,032 SF
Value Estimation by Request
2035 Us Hwy 31st N28-45, Traverse City, MI 49686-3749
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1614 Us Hwy 31st N

1614 Us Hwy 31st N

MOTEL • 22,428 SF
Value Estimation by Request
1614 Us Hwy 31st N, Traverse City, MI 49686-3742
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2035 Us Hwy 31st N28-44

2035 Us Hwy 31st N28-44

MOTEL • 1,032 SF
Value Estimation by Request
2035 Us Hwy 31st N28-44, Traverse City, MI 49686-3749
View details
2035 Us Hwy 31st N20-44

2035 Us Hwy 31st N20-44

MOTEL • 544 SF
Value Estimation by Request
2035 Us Hwy 31st N20-44, Traverse City, MI 49686-3749
View details
1942 Us Hwy 31st N

1942 Us Hwy 31st N

HOTEL • 3,990 SF
Value Estimation by Request
1942 Us Hwy 31st N, Traverse City, MI 49686-3748
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841 Frnt St

841 Frnt St

MOTEL • 2,672 SF
Value Estimation by Request
841 Frnt St, Traverse City, MI 49686-2703
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2227 Us Hwy 31st N

2227 Us Hwy 31st N

HOTEL • 4,424 SF
Value Estimation by Request
2227 Us Hwy 31st N, Traverse City, MI 49686-3753
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2035 Us Hwy 31st N23-44

2035 Us Hwy 31st N23-44

MOTEL • 1,464 SF
Value Estimation by Request
2035 Us Hwy 31st N23-44, Traverse City, MI 49686-3749
View details
1566 Us Hwy 31st N

1566 Us Hwy 31st N

MOTEL • 2,266 SF
Value Estimation by Request
1566 Us Hwy 31st N, Traverse City, MI 49686-3740
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305 Munson Ave

305 Munson Ave

MOTEL • 19,530 SF
Value Estimation by Request
305 Munson Ave, Traverse City, MI 49686-3069
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2035 Us Hwy 31st N28-17

2035 Us Hwy 31st N28-17

MOTEL • 1,032 SF
Value Estimation by Request
2035 Us Hwy 31st N28-17, Traverse City, MI 49686-3749
View details
2035 Us Hwy 31st N23-45

2035 Us Hwy 31st N23-45

MOTEL • 1,464 SF
Value Estimation by Request
2035 Us Hwy 31st N23-45, Traverse City, MI 49686-3749
View details
849 Frnt St

849 Frnt St

MOTEL • 2,285 SF
Value Estimation by Request
849 Frnt St, Traverse City, MI 49686-2703
View details

Traverse City, MI Hospitality Properties Investment Opportunities Market Analysis

Explore 56 hospitality properties for sale in Traverse City, MI, showcased through 4 active listings on our real estate platform. These investment opportunities span a total of 2,706,076 square feet of properties for sale, with an estimated market value of $43,824,500.

Prices for hospitality properties in Traverse City, MI start at $350,000, averaging $2,191,225, and reaching up to $13,510,000 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you have the most current data.

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