Restored Historic Bed And
For Sale
$3,995,000
230 Wellington, Traverse City, MI 49686
Commercial, Traverse City, MI
Property Size11,807 SF
Lot Size0.51 Acres
Price / SF$338.36
Days on Market1193
Property Features for 230 Wellington
General Information
Property type
Commercial Sale
Property subtype
Other
Zoning description
Residential, Special Use
Bathrooms
15
Full bathrooms
15
Rooms
Bathroom 11, Bathroom 3, Bathroom 4, Bathroom 1, Bathroom 7, Bathroom 8, Bathroom 12, Bathroom 14, Bathroom 2, Bathroom 9, Bathroom 13, Bathroom 10, Bathroom 15, Bathroom 6, Bathroom 5
Parking
14
Parking features
Parking Lot
Exterior features
Wood
Lot features
Corner Lot, Freestanding
Directions
Front St to Wellington (next to the Little Fleet) approx 3 blocks property is on the corner of Wellington and Washington.
Subdivision
Grand Traverse
Standard status
Active
Size
11,807 SF
Lot size
0.51 Acres
Taxes and HOA fees
Tax Description
LOTS 9 & 10 BLK 13 ORIG PLAT
Legal Description
LOTS 9 & 10 BLK 13 ORIG PLAT
Amenities
in-unit washer and dryer
Building Details
Building materials
Frame, 2x6 Framing
Roof type
Tile, Asphalt
Listing Agency:
Cygnus Real Estate
(231) 994-3225
Listed By:
Carole Higgins · License #6502370294
(231) 633-2577
Added: Jun 20, 2023
Changed: Sep 13
Last Checked: Sep 24 at 5:06AM
MLS# 1912528
Copyright © 2026 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.
Investment Insights
Based on property information with market context.
This restored historic bed and breakfast operates as an inn with 9 guest rooms and 15 bathrooms. The carriage house contains two separate 2-bedroom apartments, each equipped with a kitchen and in-unit washer and dryer. Original stables remain beneath the carriage house, along with unfinished lower-level space. The property sits on 0.51 acres and features wood exterior construction, frame construction with 2x6 framing, and tile and asphalt roofing.
Located at 230 Wellington in Traverse City, Michigan, the offering includes period antiques and furnishings, the property website, marketing materials, licenses, and associated intellectual property. A detailed FF&E inventory is available during due diligence. The historic estate is identified as a Neo-Classical Revival property and includes a parking lot.
Located at 230 Wellington in Traverse City, Michigan, the offering includes period antiques and furnishings, the property website, marketing materials, licenses, and associated intellectual property. A detailed FF&E inventory is available during due diligence. The historic estate is identified as a Neo-Classical Revival property and includes a parking lot.
Key Highlights
- 9 guest rooms and 15 bathrooms
- Two separate 2‑bedroom carriage‑house apartments, each with a kitchen and in‑unit washer and dryer
- 0.51‑acre historic hospitality property in Traverse City
Property Analytics
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Current Use
Lease Details
2
Residential units
Turnkey business
Opportunity
Location Intelligence
Trade Area within ½ mile
1,914
Businesses Nearby
Well-served
Demand for This Use
Explore this area
Business Placement
Demographics for 49686, MI
25,859
Population
13,261
Households
2
Avg Household Size
45
Median Age
46%
College-Educated
95%
High-School Grad
47.3 sq mi
ZIP Area
547
Density / Sq Mi
$71,198
Median Household Income
$40,373
Median Earnings
$1,209
Median Rent
$295,500
Median Home Value
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Similar Off Market Nearby
- Oviatt House Bed and Breakfast — 244 E Eighth St, Traverse City, MI 49684
- Two Lower Level Apartments near Boardman Lake — E Eighth St #544, Traverse City, MI 49686
- Wellington Inn — 230 Wellington St, Traverse City, MI 49686
- Northern Home & Cottage — 125 Park St #155, Traverse City, MI 49684
- Terrace Beach Motel — 841 E Front St, Traverse City, MI 49686
Frequently Asked Questions
What type of property is this?
Bed & breakfast - Restored historic inn with guest accommodations, two carriage-house apartments, and additional lower-level space.
Where is this bed & breakfast located?
The property is located at 230 Wellington Traverse City, MI.
What is the asking price?
The asking price for this property is $3,995,000.
What are key features of this property?
This property features: 9 guest rooms and 15 bathrooms; Two separate 2‑bedroom carriage‑house apartments, each with a kitchen and in‑unit washer and dryer; 0.51‑acre historic hospitality property in Traverse City
