Search
Historic Victorian Hotel
For Sale
$4,260,000

18599 MISSION RD, Traverse City, MI 49686

Restored Victorian hotel with 13 guest rooms and an on-site cafe open to the public.

Property Size5,644 SF
Lot Size10.00 Acres
Price / SF$754.78
Days on Market29

Property Features for 18599 MISSION RD

General Information

Standard status Active
Size 5,644 SF
Lot size 10.00 Acres
Property subtype Business Opportunities

Additional Details

Business Included Yes

Amenities

3
Asphalt

Building Details

Year Built 1865
Listing Agency: TC
Listed By: Berkshire Hathaway Homeservices
Source: Xome
Added: Jul 15 Changed: Aug 8 Last Checked: Aug 11 at 5:18AM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of TC

Investment Insights

Based on property information with market context.

The historic Old Mission Inn is a beautifully restored Victorian hotel offering 13 guest rooms and 11 baths. The property includes a spacious commercial kitchen and elegant dining areas, along with a large covered porch with Lake Michigan views. The sale also includes the Mission Bay Café, which is open to the public.

Set on approximately 10 scenic acres in the Old Mission Peninsula wine region, the property is noted as having favorable zoning. Showings are by appointment only, and proof of financial ability is required prior to scheduling tours. Please do not visit or contact staff regarding the sale.

Key Highlights

  • Restored Victorian hotel built in 1865 in Traverse City’s Old Mission Peninsula wine region
  • Approximately 10 scenic acres with favorable zoning
  • 13 guest rooms and 11 baths

Property Analytics

Current Use

Old Mission Inn Hotel & Motel

Suggested Use

Top Pick Real Estate Agency Restaurant Grocery & Convenience Store Food Market Hotel & Motel

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

Turnkey business
Opportunity

Location Intelligence

Trade Area within ½ mile

27
Businesses Nearby

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

Market

Vacancy Rate% for Retail in Midwest region

8% 2020
7.3% 2021
6.5% 2022
6% 2023
5.7% 2024
6.3% 2025
Rey
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 - Restored Victorian hotel with 13 guest rooms and an on-site cafe open to the public.
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 $4,260,000.
What are key features of this property?
This property features: Restored Victorian hotel built in 1865 in Traverse City’s Old Mission Peninsula wine region; Approximately 10 scenic acres with favorable zoning; 13 guest rooms and 11 baths
More about this property
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