Prime Northern Michigan Location - Redevelopment Potential

Michigan, United States

Confidential

Sale conditions: Market

Snapshot

Active

Ownership: Fee Interest
Type: Hotel
Sub Type: Limited Service
Chain / Market Scale: Midscale
Brand: Travelodge
Corridor: Interior
No. of Keys: 137
Site Size: 5.76 AC

Located along Interstate 75 in highly popular Northern Michigan with convenient access to the resort destinations of Petoskey, Charlevoix and Boyne City, the Travelodge by Wyndham-Gaylord is two-story, select-service hotel featuring 137 guest rooms comprised of multiple room types and configurations INCLUDING 32 EXTENDED STAY SUITES. Opened in 1969 as a Holiday Inn, this property’s other amenities include a spacious lobby with a breakfast area, indoor swimming pool, and full-service restaurant and lounge (currently vacant) with liquor license.

The Travelodge by Wyndham is in the final stages of a comprehensive renovation that has touched all guest rooms and most public areas and has completely re-imaged the property.

Highlights:

General Property Information


Property Name:
Property Type: Hotel
Property Sub Type: Limited Service
Chain / Market Scale: Midscale
Brand: Travelodge
Corridor: Interior
Keys: 137
Building Status: Existing
No. of buildings: 1
Stories: 2
Building size(SF): 104747
Site size: 5.76 AC
Meeting Space: 3000 SF
Sprinklers: Wet
Parking Type: Surface
Parking Spaces: 241
Construction Type: Wood Frame
Year Build: 1969
Year Renovated: 2025
Room Inventory Description:

67 - Double Queen
33 - Standard King
32 - King Bed Extended Stay Units
05 - ADA Accessible
137- Total

Common area amenities:

Whirlpool

Indoor Pool

Source of Business:

Group

Transient

Leisure

Additional Links:

Location


Country: United States
State: Michigan
Postal Code:
APN/Parcel ID:
Location Type:
Location Overview:

Brokers

Edward P Walsh, CHB

President and Designated Broker
Alpine Realty Capital, LLC


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