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Victorian Hotel with Lake Michigan Views
For Sale
$4,260,000

18599 Mission Road, Traverse City, MI 49686

Historic Victorian hotel on about 10 acres with 13 guest rooms, commercial kitchen, and a cafe open to the public.

Lot Size10.00 Acres
Days on Market17

Property Features for 18599 Mission Road

General Information

Standard status Active
Lot size 10.00 Acres
Property subtype Hospitality

Additional Details

Business Included Yes

Amenities

commercial kitchen
dining areas
covered porch
lake views

Building Details

Building Size 5,644 SF
Year Built 1865
Listing Agency: Berkshire Hathaway Homeservices - TC
Listed By: Kenneth Weaver · License #6501310917
Source: Patobrien
Added: Jul 16 Changed: Jul 30 Last Checked: Jul 31 at 11:15AM

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 Berkshire Hathaway Homeservices - TC

Investment Insights

Based on property information with market context.

The historic Old Mission Inn is a beautifully restored Victorian hotel on approximately 10 scenic acres. The property features 13 guest rooms and 11 baths, along with a spacious commercial kitchen and elegant dining areas. Guests and visitors can enjoy a large covered porch with Lake Michigan views. Built in 1865, the inn offers an established hospitality environment supported by both lodging and food service spaces.

The Old Mission Inn is located at 18599 Mission Road in Traverse City, in the heart of the Old Mission Peninsula wine region. Included with the sale is the Mission Bay Cafe, now open to the public.

With lodging capacity, a full commercial kitchen, dining areas, and an on-site public-facing cafe, this property supports hospitality uses such as a boutique inn, restaurant, wedding and event venue, or an expanded hospitality operation.

Key Highlights

  • Approximately 10 scenic acres with favorable zoning
  • 13 guest rooms and 11 baths in the historic Victorian hotel
  • Spacious commercial kitchen plus elegant dining areas

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
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Frequently Asked Questions

What type of property is this?
Hotel - Historic Victorian hotel on about 10 acres with 13 guest rooms, commercial kitchen, and a cafe open to the public.
Where is this hotel located?
The property is located at 18599 Mission Road 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: Approximately 10 scenic acres with favorable zoning; 13 guest rooms and 11 baths in the historic Victorian hotel; Spacious commercial kitchen plus elegant dining areas
More about this property
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