Historic Inn and Hospitality
For Sale
$4,260,000
18599 Mission Rd Traverse City MI 49686 Traverse, Traverse City, MI 49696
Across from the bay, the property combines a refined lobby, adaptable common areas, and landscaped grounds for hospitality use.
Property SizeContact for details
Days on Market59
Property Features for 18599 Mission Rd Traverse City MI 49686 Traverse
General Information
Standard status
Active
Property subtype
Hotel
Amenities
refined lobby
flexible common areas
landscaped grounds
Listing Agency:
BERKSHIRE HATHAWAY HOME SERVICES
(231) 357-0821
Listed By:
Kenneth Weaver · License #6501310917
(231) 357-0821
Source:
Thebrokerlist
Added: Jul 3
Changed: Aug 29
Last Checked: Aug 29 at 4:27PM
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 HOME SERVICES
Investment Insights
Based on property information with market context.
This historic hospitality property in Traverse City combines accommodations with a refined lobby, flexible common areas, and landscaped grounds. The existing configuration supports a range of hospitality-oriented uses, including lodging, dining, social gatherings, and event hosting. Its commercial, residential, and agricultural potential is supported by versatile zoning described in the property information.
Located across from the bay on Old Mission Peninsula, the property is positioned within a Northern Michigan visitor market known for cherry orchards, vineyards, dining, outdoor recreation, and access to Grand Traverse Bay. Traverse City provides nearby downtown shops and cultural activity, while Sleeping Bear Dunes National Lakeshore and the annual National Cherry Festival add regional visitor draws.
The site offers a combination of historic character, guest-facing common areas, and landscaped outdoor space suited to hospitality operations, private events, wellness activities, meetings, and food-and-beverage concepts.
Located across from the bay on Old Mission Peninsula, the property is positioned within a Northern Michigan visitor market known for cherry orchards, vineyards, dining, outdoor recreation, and access to Grand Traverse Bay. Traverse City provides nearby downtown shops and cultural activity, while Sleeping Bear Dunes National Lakeshore and the annual National Cherry Festival add regional visitor draws.
The site offers a combination of historic character, guest-facing common areas, and landscaped outdoor space suited to hospitality operations, private events, wellness activities, meetings, and food-and-beverage concepts.
Key Highlights
- Historic hospitality property with accommodations and a refined lobby
- Across from the bay on Old Mission Peninsula
- Flexible common areas support dining, gatherings, and event hosting
Property Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
25
Businesses Nearby
Explore this area
Business Placement
Demographics for 49696, MI
9,528
Population
5,005
Households
1.9
Avg Household Size
43
Median Age
41%
College-Educated
96%
High-School Grad
68.7 sq mi
ZIP Area
139
Density / Sq Mi
$96,138
Median Household Income
$46,893
Median Earnings
$1,309
Median Rent
$289,300
Median Home Value
Market
Vacancy Rate% for Retail in Midwest region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Hotel - Across from the bay, the property combines a refined lobby, adaptable common areas, and landscaped grounds for hospitality use.
Where is this hotel located?
The property is located at 18599 Mission Rd Traverse City MI 49686 Traverse 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: Historic hospitality property with accommodations and a refined lobby; Across from the bay on Old Mission Peninsula; Flexible common areas support dining, gatherings, and event hosting
