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Traverse City, MI Other Hospitality Properties for Sale

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230 Wellington St
$4,249,500
12,762 SF

230 Wellington St

230 Wellington St, Traverse City, MI 49686

Hotels • 12,762 SF

  • Fully updated and restored historic inn and established business for sale.
  • Features 9 guest rooms, 2 two‑bedroom apartments with full kitchens and laundry, and a ballroom suitable for events.
  • Includes a tea room license, allowing for expanded food service.
  • Modern amenities include central air conditioning, hot water boiler heat, and electric fireplaces in each guest room; some rooms feature jetted tubs.
  • Significant upside potential through seasonal apartment rentals and carriage house conversion.
Updated: Dec 11, 2024
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Based on your search, we've compiled 9 Potential Opportunities for your consideration. Besides 1 Active listings in Traverse City, MI, we suggest exploring several alternatives: 4 properties in Nearby Cities, and similar 3 Off-Market properties to explore as potential leads, plus 1 Land Listings that present a potential for development.

Explore Opportunities in Nearby Cities

Here are 4 Similar properties we found in Nearby Locations for your consideration.

West Bay Shore Village: Prime MI Location
$3,700,000
18,000 SF

West Bay Shore Village: Prime MI Location

Fully leased, mixed-use waterfront property

5046 Bay Shore Dr, Suttons Bay, MI 49682
View details
Ciccone Vineyard & Winery Estate
$3,990,000
78.37 Acres

Ciccone Vineyard & Winery Estate

Northern Michigan Winery, Residence, & Business

10343 Hilltop Rd, Suttons Bay, MI 49682
View details
Cadillac Hotel: Craftsman Charm
$749,900
3,734 SF

Cadillac Hotel: Craftsman Charm

Luxury Hotel, Downtown Cadillac, MI

128 Pine St, Cadillac, MI 49601
View details
Cadillac Office Building Investment
$850,000
8,463 SF

Cadillac Office Building Investment

Mixed-use building, prime location, high traffic.

2604 Sunnyside Dr, Cadillac, MI 49601
View details

Potential Development Sites for Consideration

Can't find the perfect fit? These Land listings present an alternative path: the potential to develop a property for your specific goals.

Important: These AI-suggestions are a starting point, not a guarantee of permitted use. All zoning, permitting, and land use information must be independently verified by you with the appropriate local authorities before making any commitments.

Commercial Parcel with Office Building
$1,198,000
0.63 Acres

Commercial Parcel with Office Building

0.63 acre commercial parcel on US-31 with existing office building.

1040 E Front St, Traverse City, MI 49686
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Explore Off-Market Properties in Traverse City, MI

Consider similar Off-Market properties in Traverse City, MI. You may contact the owners directly to inquire about their potential intentions to sell. To help you make a strong first impression, we can assist by reaching out to these owners with compelling proposals created using our AI tool.

18599 Mission Rd

18599 Mission Rd

Hotels
Value Estimation by Request
18599 Mission Rd, Traverse City, MI 49686
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1 Northern Michigan

1 Northern Michigan

Hotels
Value Estimation by Request
1 Northern Michigan, Traverse City, MI 49686
View details
230 Wellington St

230 Wellington St

Hotels • 12,762 SF
Value Estimation by Request
230 Wellington St, Traverse City, MI 49686
View details

Traverse City, MI Other Hospitality Properties Investment Opportunities Market Analysis

Explore 4 other hospitality properties for sale in Traverse City, MI on our real estate platform. These investment opportunities span a total of 22,216 square feet of properties for sale, with an estimated market value of $4,249,500.

Prices for other hospitality properties in Traverse City, MI start at $4,249,500, averaging $4,249,500, and reaching up to $4,249,500 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you have the most current data.

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