230 Wellington Active

Traverse City,MI 49686

$ 4249500

- Bed

0 Bath

11807 SqFt


Key Details

Property Type Commercial

Sub Type Business

Listing Status Active

Purchase Type For Sale

Square Footage 11,807 sqft

Price per Sqft $359

Municipality Traverse City

Subdivision Traverse City

MLS Listing ID 80007999

Originating Board MiRealSource

Year Built 1905

Lot Size 0.510 Acres

Acres 0.51

Property Description

Once in a lifetime chance acquire a legacy property and 5-star business! This stately neo-classic revival property is looking for its next steward. The property is a piece of Traverse City's history, once owned by the son of a lumber baron, it fell into disrepair after the the lumber baron's family sold the property and left town. It was lovingly restored to its original grandeur by the current owners. The restoration process, which occurred from 1999 to 2003, took the full 4 years and multiple millions of dollars. It is being offered as a turnkey bed and breakfast business which boasts 9 bedrooms and 15 bathrooms plus a carriage house with two 2-bedroom apartments, each with a kitchen and washer/dryer. The original stables below are currently not utilized but could be converted to event s

Location

State MI

County Grand Traverse County

Zoning Residential

Interior

Heating Forced Air,Hot Water

Cooling Central Air

Exterior

View Y/N No

Roof Type Tile

Building

Sewer Public

Structure Type Wood Siding

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