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18599 Mission Rd
Traverse City, MI 49686

$4,126,000 USD

Hotel For Sale  •  5,500 SF

Property Details

  • Property Type Hotel
  • Total Building Size 5,500 SF
  • Lot Size 10.81 AC
  • Building Class B
  • Year Built 1865
  • Zoning R1-B
20 Walk Score

Description

Historic Old Mission Inn & Mission Bay Café
Michigan's Longest Continuously Operating Hotel | Historic Inn • Operating Restaurant • Full Liquor License • Prime Old Mission Peninsula Location 

Potential High End Wedding Venue is one of the most popular areas anywhere!!

Presented by Ken Weaver & Marissa Spencer
Berkshire Hathaway HomeServices Michigan Real Estate

An exceptional opportunity to acquire one of Northern Michigan's most recognized hospitality properties. The historic Old Mission Inn, located on the world-famous Old Mission Peninsula just minutes from downtown Traverse City, combines an established lodging business with the rapidly growing Mission Bay Café, creating a unique hospitality investment with multiple revenue streams.

Originally established in the 1800s, the Old Mission Inn is believed to be Michigan's longest continuously operating hotel. Carefully restored while preserving its historic character, the property offers an authentic guest experience enhanced by modern amenities, spectacular bay views, and one of the premier tourism destinations in the Midwest.

Mission Bay Café — Now Open to the Public

One of the biggest changes since the property's previous offering is the successful public launch of the Mission Bay Café.

The café now serves:

Daily breakfast to the public
Weekend dinner service
Beer, wine and cocktails
Indoor and outdoor dining overlooking Grand Traverse Bay

The response from both locals and visitors has been outstanding, creating an exciting opportunity for a new owner to continue expanding operations.

The infrastructure is already in place to take the business to the next level with:

Full Michigan liquor license
Indoor and outdoor liquor service
Commercial kitchen
Multiple dining rooms
Outdoor dining areas
Entertainment approvals
Sunday sales
Take-out food, beer, wine and spirits
Capacity for approximately 150 restaurant guests plus inn guests
Property Highlights
Historic Victorian Inn on approximately 10.8 acres
13 guest rooms and suites
11 bathrooms
Three interior dining areas
Large commercial kitchen
Bar area
Approximately 1,300-square-foot covered porch overlooking Grand Traverse Bay
Additional 5-bedroom residence
Barn and outbuildings
40' x 100' event tent
Agricultural and residential zoning
More than 500 feet of public beach directly across the road
Spectacular bay views and mature grounds with orchards and open space
Multiple Revenue Opportunities

The Old Mission Inn presents numerous opportunities for future growth, including:

Boutique hotel operations
Bed & Breakfast
Destination restaurant
Wedding venue
Corporate retreats
Private events
Wine country tourism packages
Culinary experiences
Seasonal festivals
Outdoor entertainment
Expanded café hours and catering

The combination of lodging, food service, liquor sales and event potential creates a rare hospitality investment that is difficult to duplicate due to today's zoning, licensing and development restrictions.

Included in the Sale

Included with the purchase are:

Historic Old Mission Inn
Approximately 10 acres
Additional residence
Commercial kitchen equipment
Café furnishings and equipment
Furniture throughout the Inn (excluding select personal property)
Historic antiques and décor
Business goodwill
Rights to the Old Mission Inn and Mission Bay Café names
Liquor license and operational licenses, subject to applicable transfer approvals.
One of Michigan's Most Unique Hospitality Properties

Whether your vision is a boutique hotel, destination restaurant, wedding venue, or a combination of all three, the Old Mission Inn offers a rare opportunity to own an iconic property in one of Michigan's most desirable travel destinations.

Amenities

  • Restaurant
  • On-Site Bar
  • Beach (direct access)
  • Meeting Event Space
  • Wedding Venue
  • Public Access Wifi

Public Transportation

AirportDriveWalkDistance
Cherry Capital 32 min - 17.9 mi

Parking Details

Parking Available: Yes
Reserved: No
Spaces Provided: 14
Type: Surface
Included in Rent: Yes
Ken Weaver 231-668-6303 Berkshire Hathaway Home Services
Ken Weaver 231-668-6303 Berkshire Hathaway Home Services