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212 Park Street
Bellaire, MI 49615

  • 12 beds
  • 12 baths
  • 6,703 sqft
  • ~3 acre lot
  • $208 per sqft
  • 1878 build
  • on site

Here is your opportunity to own a well-established, award-winning Inn located in beautiful Bellaire, voted one of the Best Lake Towns in the US by Country Living Magazine. Assume the reins of the Inn or choose to convert it to a single-family home. Current ownership has worked hard to establish processes and enhance the overall customer experience, winning the Red-Hot Best List by MyNorth.com in 2021. Offered turn-key and fully furnished with exceptional NOI, this is an attractive investment! This charming Victorian is ideally located within walking distance to downtown but nestled on 2.5 landscaped acres amongst quiet residential streets. Access to the Chain of Lakes Water trail as well as the Glacial Hills Pathway and Natural Area are just a short distance away. If you choose to venture out, Traverse City, Charlevoix, and Petoskey are all within an hour drive! The Inn can accommodate up to 18 guests, with a variety of suites, each with dedicated baths and tailored to the needs/budgets of your guests. Originally built in 1878, the main house features a brand-new kitchen (completion MAR '22), parlor, library with a fireplace, dining room, innkeeper quarters, laundry area and 5 guest rooms. Added in 2004, the carriage house features a living room with fireplace, innkeeper apt., laundry and 4 luxury suites w/ fireplaces. There is also ample storage in the 2-car garage, basements (both buildings) and 30’ x 40’pole building. Come make this Inn your own and enjoy the best of what Northern Michigan has to offer!

NGLRMLS logo Listing courtesy of NGLRMLS / Berkshire Hathaway Home Services Fenton, 810-629-0680

Last checked: Checking… • Last updated Jan 8, 2022 •

MLS# 1895971 —

This home is listed in more than one place. See it here.

Monthly cost estimate

212 Park Street

Asking price

$1,399,000

Expense Monthly cost
Mortgage

$5,202

Taxes $991
Insurance $384
Utilities $409 See report
Total $6,986/mo.*
*This is an estimate

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Sale history

Date Event Source Price % Change
1/5/22
Listed / Active NGLRMLS $1,399,000 137.1% (56.0% / YR)
7/26/19
NGLRMLS $590,000 -15.6%
7/25/19
NGLRMLS $699,000

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