Description
Rare opportunity to own an award-winning Inn & Hobby Farm in Bellaire, voted one of the best lake towns in the US by Country Living Magazine. This versatile property has the option to continue running as an Inn or be converted into a single-family home. Current ownership has streamlined operations and created an excellent customer experience, recognized as a Best of the Best Hotel in 2021 & 2022 by mynorth,com. The Inn comes turn-key, fully furnished with impressive Net Operating Income and loyal clientele, making it a lucrative investment. This charming Victorian is ideally located within walking distance of downtown Bellaire, yet nestled on 2.5 acres among quiet residential streets. Enjoy unique dining, movies, and ice cream nearby. Abundant outdoor activities with stunning lakes, rivers, mountain biking and skiing nearby. Traverse City, Elk Rapids, Charlevoix, Petoskey, and Boyne are also just a short drive away making it the perfect Northern Michigan jumping off point! The Inn can accommodate up to 18 guests with suites tailored to their needs and budgets, each with dedicated baths. The main house, built in 1878, serves as the hub with check-in, a new custom-designed kitchen, covered porch, parlor. innkeeper quarters, laundry, and five guest rooms. The Carriage house, a 2004 addition, features a spacious living room, gas fireplace, and innkeeper's apartment with updated kitchen and four luxury suites upstairs. You'll also find ample storage with a 2-car garage, basements in both buildings, and a pole barn. The beautifully landscaped grounds provide guests with a relaxing setting and the hobby farm featuring goats and chickens is a guest attraction. Make this Inn & Hobby Farm your own and embrace the Northern Michigan lifestyle! Sale subject to successful Seller 1031 exchange.
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12BEDS
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2.5ACRES
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12BATHS
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01/2 BATHS
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6,703SQFT
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$209$/SQFT
Description
Rare opportunity to own an award-winning Inn & Hobby Farm in Bellaire, voted one of the best lake towns in the US by Country Living Magazine. This versatile property has the option to continue running as an Inn or be converted into a single-family home. Current ownership has streamlined operations and created an excellent customer experience, recognized as a Best of the Best Hotel in 2021 & 2022 by mynorth,com. The Inn comes turn-key, fully furnished with impressive Net Operating Income and loyal clientele, making it a lucrative investment. This charming Victorian is ideally located within walking distance of downtown Bellaire, yet nestled on 2.5 acres among quiet residential streets. Enjoy unique dining, movies, and ice cream nearby. Abundant outdoor activities with stunning lakes, rivers, mountain biking and skiing nearby. Traverse City, Elk Rapids, Charlevoix, Petoskey, and Boyne are also just a short drive away making it the perfect Northern Michigan jumping off point! The Inn can accommodate up to 18 guests with suites tailored to their needs and budgets, each with dedicated baths. The main house, built in 1878, serves as the hub with check-in, a new custom-designed kitchen, covered porch, parlor. innkeeper quarters, laundry, and five guest rooms. The Carriage house, a 2004 addition, features a spacious living room, gas fireplace, and innkeeper's apartment with updated kitchen and four luxury suites upstairs. You'll also find ample storage with a 2-car garage, basements in both buildings, and a pole barn. The beautifully landscaped grounds provide guests with a relaxing setting and the hobby farm featuring goats and chickens is a guest attraction. Make this Inn & Hobby Farm your own and embrace the Northern Michigan lifestyle! Sale subject to successful Seller 1031 exchange.
The accuracy of all information, regardless of source, is not guaranteed or warranted. All information should be independently verified. © 2023 Northern Great Lakes REALTORS© MLS. All rights reserved. Data last updated: 2023-05-30T11:52:06.797.