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Grand Traverse Motel 1010 E Front St 20 Room Hotel Traverse City, MI 49686 $2,300,000 ($115,000/Room)
Executive Summary
The Grand Traverse Motel is a highly visible, well-located motel positioned on a corner lot on Front & Gilbert less than one mile east of downtown Traverse City. Originally built in 1955 and most recently renovated in 2018, the property features 18 total rooms—17 guest rooms plus a dedicated manager’s suite. Its central location near public beach access and downtown Traverse City makes it an attractive opportunity as visitors to the area continue increasing. This 8,062 SF motel sits on approximately 0.49 acres with about 131 feet of frontage along busy Munson Avenue, offering exceptional exposure and easy parking. Do not to call the motel or speak to the employees.
Property Facts
| Price | $2,300,000 | Lot Size | 0.50 AC |
| Price Per Room | $115,000 | Building Size | 8,062 SF |
| Sale Type | Investment | No. Rooms | 20 |
| Property Type | Hospitality | No. Stories | 2 |
| Property Subtype | Hotel | Year Built | 1955 |
| Building Class | C | Corridor | Exterior |
| Zoning | CM - Commercial | ||
| Price | $2,300,000 |
| Price Per Room | $115,000 |
| Sale Type | Investment |
| Property Type | Hospitality |
| Property Subtype | Hotel |
| Building Class | C |
| Lot Size | 0.50 AC |
| Building Size | 8,062 SF |
| No. Rooms | 20 |
| No. Stories | 2 |
| Year Built | 1955 |
| Corridor | Exterior |
| Zoning | CM - Commercial |
Room Mix Information
| Description | No. Rooms | Daily Rate | SF |
|---|---|---|---|
| Guest Room | 20 | $83.00 | - |
1 1
Walk Score®
Very Walkable (70)
Bike Score®
Very Bikeable (77)
Property Taxes
| Parcel Number | 51-558-010-00 | Improvements Assessment | $0 |
| Land Assessment | $0 | Total Assessment | $666,000 |
Property Taxes
Parcel Number
51-558-010-00
Land Assessment
$0
Improvements Assessment
$0
Total Assessment
$666,000
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Grand Traverse Motel | 1010 E Front St
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