Historic Inn with Carriage House
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 Market1144
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 10, Bathroom 1, Bathroom 7, Bathroom 12, Bathroom 15, Bathroom 4, Bathroom 8, Bathroom 14, Bathroom 2, Bathroom 9, Bathroom 6, Bathroom 13, Bathroom 5, Bathroom 3
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
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: Aug 5
Last Checked: Aug 6 at 5:06PM
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.
A restored Neo-Classical Revival estate operating as an inn, featuring 9 guest rooms and 15 bathrooms. The carriage house includes two separate 2-bedroom apartments, and each unit has a kitchen and in-unit washer and dryer. Below the carriage house, the original stables remain largely unused, offering room for potential event space or additional guest suites. The property totals 15,918 square feet when including the unfinished basement and lower level of the carriage house.
The building is framed construction with 2x6 framing and features an asphalt and tile roof. Exterior finishes include wood, and on-site parking is provided via a parking lot.
The sale includes an extensive collection of period antiques and furnishings, along with the website, marketing materials, licenses, and associated intellectual property. A detailed FF&E inventory is planned to be provided during due diligence.
The building is framed construction with 2x6 framing and features an asphalt and tile roof. Exterior finishes include wood, and on-site parking is provided via a parking lot.
The sale includes an extensive collection of period antiques and furnishings, along with the website, marketing materials, licenses, and associated intellectual property. A detailed FF&E inventory is planned to be provided during due diligence.
Key Highlights
- 9 guest rooms and 15 bathrooms
- Carriage house has two separate 2‑bedroom apartments with kitchens
- In‑unit washer and dryer in each carriage house apartment
Property Analytics
Property Profile
Current Use
Lease Details
Turnkey business
Opportunity
Location Intelligence
Trade Area within ½ mile
1,914
Businesses Nearby
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
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Frequently Asked Questions
What type of property is this?
Hotel - Historic inn offering 9 guest rooms plus two separate 2-bedroom apartments in the carriage house.
Where is this hotel 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; Carriage house has two separate 2‑bedroom apartments with kitchens; In‑unit washer and dryer in each carriage house apartment
