Your AI Navigator in Commercial Real Estate
Sign Up Successful!
You now have access to more from Realmo!
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search

    18599 Mission Rd Traverse City, MI 49686

    For Sale
    $4,700,000

    Restaurant/Food Service,Recreational/Resort,Bed & Breakfast,Bar

    Property size:
    5,644 SF
    Lot size:
    10.85 Acres
    Days on Market:
    163
    Last Refresh:
    Dec 5 at 12:06 am

    Property Features for 18599 Mission Rd

    General Information

    Property type
    Commercial Sale
    Property subtype
    Other
    Standard status
    Active
    Zoning
    Multi-Family,Commercial
    Size
    5,644 SF
    Lot size
    10.85 Acres

    Utilities

    Heating system
    Forced Air

    Building Details

    Year built
    1865
    Roof type
    Asphalt
    Architectural style
    Other

    Re/max Bayshore Properties (231) 941-5600 [email protected]

    Listing agent Alexandra Burris (231) 941-4500

    Listing date Jun 26, 2025

    MLS# 1935651 Listing URL

    Copyright © 2025 Northern Great Lakes Realtors MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Historic Old Mission Inn Opportunity

    The historic Old Mission Inn, a landmark commercial opportunity on Old Mission Peninsula, is available for the first time in decades. Located at the tip of the peninsula, steps from Haserot Beach, this iconic property has been a cornerstone of the Old Mission community since 1869, making it the oldest continuously operating hotel in Michigan. The Inn has been restored to preserve its original charm while showcasing memorabilia dating back to the 1800s, including signatures of guests like Babe Ruth and Joe Louis. Set on 10.85 acres, the property features guest accommodations, gathering areas, a café with a fully operational commercial kitchen, and original architectural elements. The Inn is suited for continued hospitality use or special event hosting, especially as a wedding venue. The sale includes all furnishings, a separate 5-bed, 2-bath home, multiple barns and pole buildings, and a 40’ x 100’ event tent. An existing liquor license is also included. Located 20 minutes from downtown Traverse City, this property offers short-term rentable rooms and is surrounded by protected shoreline and scenic vineyards.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Old Mission Inn Hotel

    Suggested Use

    Restaurant Realty agency Hotel & Motel Food Market Grocery Store

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Traverse City
    County
    Grand Traverse
    State
    Michigan
    Longitude
    -85.491196
    Latitude
    44.959099

    Nearby Similar for Sale

    • $4,240,000
      11,807 SF

      Traverse City Bed & Breakfast

      Legacy property with 9 bedrooms, 15 bathrooms, and carriage house.
      230 Wellington St, Traverse City, MI 49686
      View Details
    • $1,250,000
      5,545 SF

      Traverse City Adult Foster Care

      Adult foster care/nursing home with 12 private bedrooms included.
      5840 Culver Rd, Traverse City, MI 49685
      View Details
    • $3,500,000
      10,404 SF

      Four-Season Resort in Traverse City

      40-acre resort with lodging, dining, recreation, and event hosting.
      6841 Brown Bridge Rd, Traverse City, MI 49696
      View Details
    • $1,890,000
      3,464 SF

      Historic Traverse City Building Opportunity

      Unique property in prime location for business and residential use.
      601 Randolph St, Traverse City, MI 49684
      View Details
    • $1,499,000
      11,486 SF

      Traverse City Medical/Office Building

      11,486 SF medical/office building near Munson Hospital.
      5123 N Royale Dr, Traverse City, MI 49684
      View Details
    • $1,100,000
      3,144 SF

      Three Downtown Traverse City Homes

      Three income-producing properties in downtown Traverse City.
      637 E 8Th St, Traverse City, MI 49686
      View Details

    FAQs

    What type of property is this?
    Hotel - Iconic Northern Michigan Inn on 10.85 acres near Traverse City.
    Where is this hotel located?
    The property is located at 18599 Mission Rd Traverse City, MI.
    What is the asking price?
    The asking price for this property is $4,700,000.
    What are key features of this property?
    This property features: - Historic Landmark: Oldest continuously operating hotel in Michigan (since 1869) with preserved original charm and memorabilia.; - Prime Location: On Old Mission Peninsula, steps from Haserot Beach, near vineyards, and 20 minutes from Traverse City.; - Large Acreage & Multiple Buildings: 10.85 acres including the Inn, a separate 5 bed/2 bath home, barns, pole buildings, and a 40’ x 100’ event tent.
    (231) 941-4500
    Request Owner's contact information
    18599 Mission Rd Traverse City, MI 49686
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    18599 Mission Rd
    Traverse City, MI 49686
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    18599 Mission Rd Traverse City, MI 49686
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Google sign-in failed. Please try again or use another login method.
    Create New Password
    • At least 8 characters
    • Contains both letters and numbers
    • Contains uppercase and lowercase letters
    • At most 32 characters
    • Password required
    • Password reset link has expired. Please request a new one.