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Improved Land for Sale in Traverse City, Michigan

18599 Mission Rd, Traverse City, MI 49686

$4,700,000
10.9 acres
Active
Est $28,316/mo

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 cafe 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.

5,644
Sq feet
1865
Built

Location

Street address
18599 Mission Rd
Elevation
607 feet
Coordinates
44.9591, -85.4912

Directions

Take Peninsula Drive to right onto Old Mission Road, then left to stay on Old Mission Road, then left onto Mission Road.

Property details

Acreage
10.85 acres
Zoning
Multi-Family, Commercial
MLS #
TAAR 1935651
Posted

Parcels

  • 11-235-011-01

Details and features

Listing

Type
Commercial Sale
Subtype
Other
Franchise
RE/MAX International

Structure

Heating
Forced Air
Roof
Asphalt

Listing history

DateEventPriceChangeSource
June 27, 2025New listing$4,700,000TAAR
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This 10.85-acre property is located at 18599 Mission Rd in Traverse City, MI 49686. The property is available for sale for $4,700,000. It has a 5,644 sq ft structure built in 1865.

Checked 26 mins ago — Updated

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