Resort and Multifamily Investment
5961 E Oslo Street, Williamsburg, MI 49690
Recreational/Resort,Other - Williamsburg, MI
Property size:
1,780 SFLot size:
18.16 AcresPrice / SF:
$7,247/SF- Added:
- Dec 12, 2025
- Days on Market:
- 161
- Last Refresh:
- May 22 at 3:06 am
Property Features for 5961 E Oslo Street
General Information
- Property type
- Commercial Sale
- Property subtype
- Other
- Zoning
- Other,Commercial,Planned Unit Development
- Rooms
- Basement
- Basement Y/N
- 1
- Standard status
- Active
- Size
- 1,780 SF
- Lot size
- 18.16 Acres
Taxes and HOA fees
- Tax Annual Amount
- 126930.94
Utilities
- Heating system
- Forced Air
- Cooling system
- Central Air
Building Details
- Year built
- 2023
- Roof type
- Metal, Other
- Architectural style
- Other
Listing agent Robert Brick (231) 941-5600
Listing office REMAX Bayshore - West Shore Dr TC 12930 S West Bay Shore Dr, Traverse City, MI (231) 941-4500
Listing date Dec 12, 2025
MLS# 1941132
Listing URL
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.
HighLights
- Existing Income: $750,000 annual rental income from 17 completed and leased cottages.
- Expansion Potential: Pre‑approved for up to 120,000 sq ft mixed‑use development.
- Prime Location: Minutes from downtown Traverse City and a quarter mile from Grand Traverse Bay.
- Resort Amenities: Includes a fully renovated restaurant with liquor license, 13,000 sq ft event center, and commercial kitchen.
- Scandinavian Design: 17 completed cottages featuring unique Scandinavian‑inspired design.
- Infrastructure Ready: All infrastructure (roads, utilities, walkways) is in place for future development.
Overview
This resort and multifamily investment opportunity is located in a premier Michigan vacation destination. The Scandinavian-inspired resort, named KOTI, spans just over 18 acres and is located a quarter mile from the East Arm of Grand Traverse Bay and minutes from downtown Traverse City. KOTI's location and aesthetic make it suitable for retreats, family vacations, reunions, and corporate stays. The community is planned for up to 78 standalone cottages featuring Scandinavian design, in two- and three-bedroom bungalow layouts. Seventeen cottages are complete and leasing, generating roughly $750,000 in annual rental income. The property includes a renovated and leased restaurant with a resort liquor license and Class CSDM license, a 13,000-square-foot event center, a 4,500-square-foot commercial kitchen, and an 1,100-square-foot visitor center with offices and retail space. A pedestrian bridge over a trout stream leads to the TART Trail and the resort’s walkways. The site is pre-approved for an expanded mixed-use complex with up to 120,000 square feet available for hotel, condo, office, and rental development. All infrastructure, including roads, utilities, and walkways, is in place. The property is surrounded by attractions including the Grand Traverse Resort, Turtle Creek Hotel & Casino, and Flintfields Horse Park.
Location Intelligence
Current Use by Public Records
Resorts
Map
- City
- Williamsburg
- County
- Grand Traverse
- State
- Michigan
- Longitude
- -85.3979
- Latitude
- 44.7754
Nearby Similar for Sale
FAQs
What type of property is this?
Resort - Scandinavian-inspired resort near Grand Traverse Bay with income-generating assets.
Where is this resort located?
The property is located at 5961 E Oslo Street Williamsburg, MI.
What is the asking price?
The asking price for this property is $12,900,000.
What are key features of this property?
This property features: Existing Income: $750,000 annual rental income from 17 completed and leased cottages.; Expansion Potential: Pre‑approved for up to 120,000 sq ft mixed‑use development.; Prime Location: Minutes from downtown Traverse City and a quarter mile from Grand Traverse Bay.
