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$ 4,249,500
Est. payment | /mo
11,807 SqFt
$ 4,249,500
Est. payment | /mo
11,807 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 Sub-Type Business
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
Listed by Cygnus Real Estate
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