230 Wellington Street

    Traverse City, MI 49686
    • $3,100,000
    • STATUS: Active
    • ON SITE: 91 days
    • MLS #: 1872525
    UPDATED: 23 min ago
    $3,100,000
    • 0
      BEDS
    • 0.5
      ACRES
    • 15
      BATHS
    • 0
      1/2 BATHS
    • 11,178
      SQFT
    • $277
      $/SQFT
    Neighborhood:
    Type:
    Commercial
    Built:
    1905
    County:

    School Ratings & Info

    Description

    The Wellington Inn is a historic mansion that has been converted to a year-round Bed and Breakfast located in Traverse City, Michigan. 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. The property includes a unique zoning exception granted to allow events with alcohol consumption. Bring your vision and be a part of Traverse City's vibrant future!

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    The accuracy of all information, regardless of source, is not guaranteed or warranted. All information should be independently verified. © 2020 Northern Great Lakes REALTORS© MLS. All rights reserved. Data last updated: 2020-06-03T12:52:05.683.
    www.boermarealty.com/homes/103800044

    230 Wellington Street Traverse City, MI 49686

    • Price: $3,100,000
    • Status: Active
    • Updated: 23 min ago
    • MLS #: 1872525
    0
    Beds
    15
    Baths
    0
    ½ Baths
    0.5
    Acres
    11,178
    SQFT
    $277
    $/SQFT
    1905
    Built
    Neighborhood:
    Blk 13 Orig Plat
    County:
    Grand Traverse
    Area:
    Grand Traverse
    Property Description
    The Wellington Inn is a historic mansion that has been converted to a year-round Bed and Breakfast located in Traverse City, Michigan. 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. The property includes a unique zoning exception granted to allow events with alcohol consumption. Bring your vision and be a part of Traverse City's vibrant future!
    Exterior Features

    Construction Frame Exterior Features Wood Foundation Finished RoomsFullStone Lot Dimensions 165' X 132' Parking Paved Parking Spaces 12 Road BlacktopPublic Maintained Roof AsphaltTile

    Interior Features

    Heating Cooling Type Central AirForced AirHot Water

    Property Features

    Business Incl Yes Business Name The Wellington Inn Deeded Waterfront No Documents On File FinancialLegal Description Eco Features No Extras Additional BuildingsFurniture/FixturesSprinkler System Heating Cooling Source Natural Gas Included In Lease None Inventory Incl Yes Licenses Other Listing Agreement Type Exclusive Right To Sell Location Corner Lot Lot Number 9 & 10 Possession Negotiable Present Use Bed &Amp; Breakfast Real Estate Incl Yes Sale Or Lease For Sale Sale Rent For Sale Section Number 10 Sewer Municipal Terms CashCommercial LoanConventional Mortgage Township Traverse City Type Hospitality Type Of Ownership Private Owner Univs Design Barrier Free Covered Entrance Vacant Land No Water Municipal Water Year Remodeled 2002 Zoning Multi-FamilyNon-Conforming UseResidential



    The accuracy of all information, regardless of source, is not guaranteed or warranted. All information should be independently verified. © 2020 Northern Great Lakes REALTORS© MLS. All rights reserved. Data last updated: 2020-06-03T12:52:05.683.
     
    Boerma Realty, LLC
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    Mt. Pleasant MI, 48858