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Rita Rathburn

231-409-3035
  • MLS® #: 1819083
  • 230 Wellington Street

  • Traverse City, Michigan 49686
  • $3,100,000 REDUCED
  • 15 Bath, 11178 SQ. Feet, 0.50 Acres
  • Commercial

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!

Essential Information

  • MLS® #1819083
  • Price$3,100,000
  • Bathrooms15.00
  • Square Footage11,178
  • Acres0.50
  • Year Built1905
  • TypeCommercial
  • Sub-TypeHospitality, Commercial Sale
  • StatusActive

Community Information

  • Address230 Wellington Street
  • SubdivisionBlk 13 Orig Plat
  • CityTraverse City
  • TownshipTraverse City
  • CountyGrand Traverse
  • StateMichigan
  • Zip Code49686

Amenities

  • Parking Spaces12
  • ParkingPaved

Utilities

WATER: Municipal Water SEWER: Municipal

Features

Sprinkler System, Furniture/Fixtures, Additional Buildings

Interior

  • Has BasementYes
  • BasementStone, Finished Rooms, Full

Heating

Natural Gas, Forced Air, Hot Water, Central Air

Exterior

  • Exterior FeaturesWood
  • Lot Description165' x 132'
  • RoofAsphalt, Tile
  • ConstructionFrame

Additional Information

  • Days on Market53
  • Ownership TypePrivate Owner
  • Office Address116 E River Street

Zoning

Residential, Multi-Family, Non-Conforming Use

Office

Century 21 Northland-Elk Rapids

Property Location

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The accuracy of all information, regardless of source, is not guaranteed or warranted. All information should be independently verified. Copyright © Northern Great Lakes REALTORS® MLS. All Rights Reserved.