230 Wellington, Traverse City, MI 00000

$3,995,000
  • 230 Wellington, Traverse City, MI 00000 Main Photo

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Active
MLS#1912528
STATUSActive PROPERTY TYPECommercial - Business SUBDIVISIONMI

Property Description

A Once-in-a-Generation Opportunity to Own a Traverse City Landmark. Few properties hold such a prominent place in a community's history. Fewer still have been lovingly restored with the care, investment, and attention to detail found here. This magnificent Neo-Classical Revival estate is one of Traverse City's most recognizable historic properties. Originally built for the son of a prominent lumber baron, the property was painstakingly restored to its original grandeur by the current owners. Today, the property operates as a well-known inn featuring 9 guest rooms and 15 bathrooms. The carriage house includes two separate 2-bedroom apartments, each with a kitchen and in-unit washer and dryer. Below the carriage house, the original stables remain largely unused, creating opportunities for event space, additional guest suites, or other creative uses. Including the unfinished basement and lower level of the carriage house, the property encompasses an impressive 15,918 square feet. The sale includes an extensive collection of period antiques and furnishings, along with the website, marketing materials, licenses, and associated intellectual property. A detailed FF&E inventory will be provided during due diligence. The estate itself is conservatively assessed at approximately $3.2 million, making this a rare opportunity to acquire a landmark property, a recognized hospitality business, and an extraordinary collection of antiques and furnishings in a single offering. Words and photographs cannot capture the craftsmanship, architectural details, and sense of place found throughout the estate. Plan to spend at least an hour touring the property???you'll want the time to appreciate everything it has to offer. Please do not approach staff or guests. All inquiries should be directed to the listing broker.

230 Wellington | MLS# 1912528

This commercial property located at 230 Wellington, Traverse City, MI is currently listed for sale with an asking price of $3,995,000. Search Traverse City real estate on jordan.ikeyrealty.com today.

Property Features

Property Type: Commercial - Business
Basement: Full, Poured Concrete, Stone, Finished Rooms, Egress Windows, Daylight Windows, Entrance Inside
Lot Size: 0.51 Acres
Roof Type: Asphalt, Tile
Year Built: 1905

Feature Descriptions

Business Included: Yes
Business Name: The Wellington Inn
Construction: Frame, 2x6 Framing
Days on Site: 1115
Exterior: Wood
Heating/Cooling: Forced Air, Hot Water, Central Air
Lot Dimensions: 165x132
Parking: Paved, Parking Lot, Street Parking
Present Use: Bed & Breakfast
Real Estate Included: Yes
Renewable Heating/Cooling: Not Applicable
Road: Public Maintained, Blacktop
Sewer: Municipal
Water: Municipal Water
Waterfront Type: No

Listed By / Shown By

Listed By

Agency Name: Cygnus Real Estate
Agency Phone: 231-994-3225

Shown By

Agent Name: Jordan Thornsberry
Agent Phone: (740) 835-1581
Agency Title: Key Realty

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