The Wellington Inn in Traverse City For Sale

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Listing Description


The Wellington Inn Bed and Breakfast- Traverse City, MI For Sale

The Wellington Inn is a 1905 neo-classical mansion located in Northern Michigan, in the historic heart of Traverse City. Built by one of Traverse City's lumber barons, this spectacular mansion has been fully restored to it's original grandeur and features period antiques throughout the nine guest rooms, dining room, library, living room and 3rd floor ballroom. The Carriage House features two, 2 bedroom apartments and a large, underutilized event space or storage area.

The Carriage House units can be rented short term or the building has potential to be converted to condominiums (per Traverse City) that can be sold individually. It has a total of 1986 sq' and the main house has a total of 9192 sq', with a combined total of 11,178 sq', which equals $277.34 per sq' including furnishings. The structure has undergone a complete restoration. Every element has been rebuilt from the foundation up through the roof.

This niche property is located in a neighborhood that is with-in two blocks to fine restaurants, shops, recreational trails and the spectacular beaches of Grand Traverse Bay.

The property is currently offered furnished as an upscale, turn-key B&B with owner/operator quarters on the 1st floor of the main house, but could easily be converted back to a single family residence. The property includes a unique zoning exception granted to allow events with alcohol consumption.

Don't miss this opportunity to be a part of Traverse City's vibrant future! For information on this Confidential Listing, please contact one of the Realtors today.



Listing Information


Innkeeper: Please contact Realtors Thomas Cronin or Kellie Sergent below

Address: 230 Wellington St.

PO Box:

City:Traverse City

State:Michigan

Postal Code: 49686

Country: USA

Toll Free:

Phone: 231-590-5091

Cell:

Fax:


Virtual Tour: View Now

E-mail: Send Message


Realtors Information


Realtor: Thomas Cronin

Realtor Company: Traverse Real Estate, LLC

Address: 5157 Silver Cove Dr.

PO Box:

City: Traverse City

State: MI (Michigan)

Toll Free:

Phone: 1 231-590-5091

Cell:1 231-590-5091

Fax:


E-mail: Send Message

Realtor 2:Kellie Sergent

Realtor 2 Phone:1 231-499-1814

Realtor 2 E-mail: Send Message


Property Information


Sale Price:3,100,000$

Square Ft: 11,178

Lot Size in Acres: .50

Parking Spots: 12

Year Built: 1905

Last Renovation: 2002 Renovated 2015 Updated

Years as Inn: 16

Guest Rooms: 13

Guest Bathrooms: 15

Owners Quarters: Yes

Restaurant: No

Pool: No

Furniture Included?: Yes

Sale or Lease?: For Sale

Avg. Annual Income:

MLS # : 1819083 & 1834182

Other: