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$4,700,000
Est. payment /mo
10.85 Acres Lot
UPDATED:
Key Details
Property Type Multi-Family
Sub Type Multi-Family
Listing Status Active
Purchase Type For Sale
Subdivision Mi
MLS Listing ID 80058969
Style 2 Story
Year Built 1865
Lot Size 10.850 Acres
Acres 10.85
Lot Dimensions IRREG
Property Sub-Type Multi-Family
Property Description
Landmark commercial opportunity on Old Mission Peninsula. Available for the first time in decades, the historic Old Mission Inn offers an unparalleled chance to acquire a piece of Northern Michigan heritage in a truly exceptional setting. Located at the tip of the peninsula, just steps from Haserot Beach, this iconic property has served as a welcoming retreat and a cornerstone of the Old Mission community since 1869 - making it the oldest continuously operating hotel in the state of Michigan. With only four owners since its inception, the Inn has been lovingly restored to preserve its original charm while reintroducing its storied past — including memorabilia dating back to the 1800s and the signatures of legendary guests like Babe Ruth and Joe Louis, still on display. Set on 10.85 pristine acres, the property features multiple guest accommodations, gathering areas, a café with a fully operational commercial kitchen, and original architectural elements that speak to its long legacy. The Inn is also the one of the only properties on Old Mission Peninsula offering short-term rentable rooms, and is ideally suited for continued hospitality use, special event hosting (especially perfect as a wedding venue), or thoughtful adaptive reuse. The sale includes all furnishings, a separate 5 bed / 2 bath home, multiple barns and pole buildings, and a 40’ x 100’ event tent - creating a rare opportunity to own, operate, and steward a true piece of Michigan history. An existing liquor license is also included in the sale. Surrounded by protected shoreline, scenic vineyards, and just 20 minutes from downtown Traverse City, this is a once-in-a-generation offering in one of the region’s most tightly held and culturally significant locations.
Location
State MI
County Grand Traverse
Area Peninsula Twp (28011)
Zoning Commercial
Rooms
Basement Partial
Dining Room Breakfast Nook/Room
Kitchen Breakfast Nook/Room
Interior
Heating Hot Water
Cooling Exhaust Fan
Appliance Dishwasher, Dryer, Freezer, Microwave, Other-See Remarks, Range/Oven, Refrigerator, Washer
Exterior
Exterior Feature Wood
Building
Story 2 Story
Water Private Well
Structure Type Wood
Schools
School District Traverse City Area Public Schools
Others
Ownership Private
Energy Description Natural Gas
Financing Cash
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Listed by REMAX Bayshore - W Bay Shore Dr TC